bpv BRAUN PARTNERS assisted Generali Real Estate Fund in another acquisition of a residential property in Prague

We provided comprehensive legal advice to Generali Investments CEE, an investment company acting on behalf of the Generali Real Estate Fund (Fond realit, otevřený podílový fond Generali Investments CEE, investiční společnost, a.s.), in the purchase of a historic building by acquisition of a 100% ownership interest in SOUKENICKÁ 1086, s.r.o., which owns the property. The building from the early 20th century, which has undergone complete renovation (including a restaurant on the ground floor) is now the third property in the Generali Real Estate Fund portfolio.

Assistance in this matter was provided by our real estate team, made up of partners Gabriela Špak Porupková, Miroslav Dudek and attorney Pavlína Tejralová, and involved performing comprehensive legal due diligence, preparing all transaction documentation and closing the transaction. This is the second Generali Fund acquisition bpv has participated in.

The parties decided not to disclose the value of the transaction.

In addition to bpv BRAUN PARTNERS, Generali received advice from the ASB Group (financial and tax advisors) and Savills Czech Republic (technical advisors).