October 2019 – Kinstellar has successfully advised Warburg-HIH Invest on the acquisition of the River Garden I office building in Prague's Karlín district (in a share deal).
The six-storey building comprises 19,000 sqm of office space including 2,200 sqm of retail. At the moment, the scheme is 90 per cent let to a number of tenants, including Automatic Data Processing (ADP), Monster Worldwide, Creditinfo, Unilever and Shoptet. The property was sold by LaSalle Investment Management. The financial details of the transaction were not disclosed.
The Kinstellar team was led by Klára `těpánková (Partner) and included Jan Juroaka (Partner), Rudolf Schichor (Senior Associate) and Tereza Maaková (Junior Associate).