Kinstellar has advised Accolade on its acquisition of the Garbe Park industrial site from Garbe Industrial Real Estate, marking the company’s entry into the South Bohemian region. CMS advised Garbe.
According to Kinstellar, the transaction, valued at nearly CZK 2.5 billion, stands as the second-largest industrial real estate deal in the Czech Republic so far in 2025. The deal includes two completed, fully leased buildings and development land slated for expansion via a joint venture between Accolade and Garbe (as reported by CEE Real Estate Matters on July 11, 2025). Upon completion, the site is expected to offer over 230,000 square meters of logistics, manufacturing, office, and retail space.
Earlier in 2025, Kinstellar advised Accolade Holding on its acquisition of the GLP Kosice logistics park in Slovakia (as reported by CEE Legal Matters on June 24, 2025).
The Kinstellar team included Partner Klara Stepankova, Managing Associates Adam Nemec and Martin Holub, Senior Associate Matej Bolek, Associates Artom Gnedin and Zuzana Konecna, Junior Associate Paul Valka, and Research Assistant Lucie Herackova.
The CMS team included Partner Lukas Hejduk, Counsel Magda Ullmann, Senior Associate Lucia Luptakova, Associates Matej Repka and Huyen Vu Novotna, and Lawyers Jan-Filip Novotny and Michaela Cisova.
