Global law firm Dentons has advised to Fio realitní fond SICAV, a.s. (Fio real estate fund) in connection with the acquisition of the premium office and retail building Stará Celnice, located in close proximity to náměstí Republiky in the center of Prague. The transaction was executed through the purchase of 100% of the shares in a Czech limited liability company that owns the property from German pension fund BVK Europa-Immobilien-Spezialfonds.

Dentons advised Fio real estate fund on all legal aspects of the transaction, including conducting legal due diligence, structuring the acquisition, negotiating transaction documentation, and closing the deal.

“We are pleased to have stood alongside Fio real estate fund in the acquisition of such a significant property. This is a landmark transaction that confirms our client’s growing presence and ambitions in the real estate market,” said Dentons partner Monika Kajanková, who led the transaction.

Jan Sedlák (Associate) and Hana Uřičařová (Junior Associate) also played key roles in Dentons’ legal team and contributed significantly to the smooth legal execution of the transaction.

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