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Deal Date: 12-01-2017 Practice Area: Real Estate
Deal Title: CBRE Global Investors Acquisition of OC Letnany Shopping Centre, Czech Republic Industry: Real Estate Investment & Services
Description:
Clifford Chance advised CBRE Global Investors on the acquisition of shopping centre OC Letnany from Tesco, on behalf of a separate account client of CBRE. OC Letnany, the largest shopping centre in the Czech Republic with 160 units and comprising 63,478 sq m of retail and 3,551 sq m of office space, offered visitors stores from well-known global brands, such as C and A, H and M, Zara and Marks and Spencer. The centre, anchored by a modernised Tesco hypermarket, also provided a multiplex cinema, food court and 3,200 parking spaces.
Financial Center: Prague Value: 0.00-0.00
Advised Party: Purchaser Law Firm
Real Estate Jurisdiction Czech Republic Purchaser Jurisdiction United Kingdom
Classification: Real Estate Acquisitions and Disposals Shopping Centre
Lawyer Emil Holub