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Kinstellar Advises Warburg-HIH Invest on Acquisition of River Garden I Office Building in Prague

Kinstellar Advises Warburg-HIH Invest on Acquisition of River Garden I Office Building in Prague

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Kinstellar has advised Warburg-HIH Invest on its acquisition of the River Garden I office building in Prague’s Karlin district from LaSalle Investment Management. White & Case reportedly advised the sellers on the deal.

The six-storey building consists of 19,000 square meters of office space, including 2,200 square meters of retail. At the moment, it is 90% let to a number of tenants, including Automatic Data Processing, Monster Worldwide, Creditinfo, Unilever, and Shoptet.

Financial details of the transaction were not disclosed.

The Kinstellar team was led by Partner Klara Stepankova and included Partner Jan Juroska, Senior Associate Rudolf Schichor, and Junior Associate Tereza Maskova.

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PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

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