bpv Legal | Czech Republic advised IMMOFINANZ on the sale of the Airport Business Centre in Prague to JET Investment fund

03 January 2022. bpv BRAUN PARTNERS provided comprehensive legal advice to IMMOFINANZ on the sale of the Airport Business Centre office building to JET Investment fund. Legal services included support during the due diligence, drafting and negotiation of the transaction documentation and closing of the transaction. The real estate team providing the legal advice to the client consisted of partners Miroslav Dudek and Gabriela Špak Porupková. The transaction was closed on 21 December 2021. The parties decided not to disclose the value of the transaction.
Airport Business Centre is located directly at Vaclav Havel Airport Prague and offers approx. 14,500 sqm of flexible and quality office and retail space.

About IMMOFINANZ
Immofinanz is a commercial real estate group whose activities are focused on the retail and office segments of seven core markets in Europe: Austria, Germany, Poland, Czech Republic, Slovakia, Hungary and Romania. The core business covers the management and development of properties, whereby the STOP SHOP (retail), VIVO! (retail) and myhive (office) brands represent strong focal points that stand for quality and service. The real estate portfolio has a value of approx. EUR 4.9 billion and covers more than 210 properties. IMMOFINANZ is listed on the stock exchanges in Vienna (leading ATX index) and Warsaw.

About bpv BRAUN PARTNERS
bpv BRAUN PARTNERS is one of the most important international law offices in the Czech Republic and Slovakia. It is also a founding member of bpv LEGAL, a close alliance of law firms that have worked together for many years in Central and Eastern Europe. Its team of 38 attorneys offers legal services across many different fields of law to clients including leading Czech, Slovak and international corporations. The main practice areas of bpv BRAUN PARTNERS include M&A, company law, real estate law and tax advice. Its specialists also provide services in intellectual property rights, IT, competition law and labour law, and represent clients before Czech, Slovak and German courts and arbitration tribunals.

Our use of cookies

We use necessary and functionality cookies to make our site work. We only use analytics cookies to improve our website if you enable them. By using this tool for individual settings of the cookies, we will send a cookie to your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies Policy.

Necessary Cookies Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect the website functions.

Functionality Cookies

Functionality cookies allow users to customise how a website looks for them: they can remember usernames, language preferences and regions. We use functionality cookies for storing your user preferences and remembering if you have been to the site before so that messages intended for first-time users are not displayed to you. These cookies do not collect information about you that could be used for marketing purposes and do not remember where you have been on the Internet.

You may disable these cookies with the button, but you should be aware that any preferences will be lost and you will have to make them again on your next visit. It is also possible that the website will not work properly or you will lose some functionality.

Analytics cookies (including US providers)

"Web analytics cookies" collect aggregated information about user behaviour to improve our website. We would like to use such cookies from Google Analytics to improve our website by collecting and evaluating information about the use of our website. The provider of Google Analytics is Google LLC, which is based in the USA. The USA is not certified by the European Court of Justice as having an adequate level of data protection. In particular, there is a risk that your data may be accessed by US authorities for control and monitoring purposes and that no effective legal remedies are available against this. By activating the button under "Web analytics cookies (including from US providers)", you agree that we may set these cookies and that you also agree to the transfer of data to the USA. You can revoke your consent at any time via the cookie settings on our website.