Penteris, HKV, and Oppenheim have advised Immofinanz on the acquisition of a retail property portfolio from the CPI Property Group for EUR 324.2 million. Reportedly, BPV Braun Partners advised Immofinanz as well.
According to Penteris, “as part of its new strategy, Immofinanz is acquiring 53 retail properties across the CEE region – in Poland, the Czech Republic, Slovakia, and Hungary – from its majority shareholder CPI Property Group. The properties acquired in the transaction have approximately 217,000 square meters of space and are fully leased. They will provide Immofinanz with a stable rental income of approximately EUR 25 million per year.”
Penteris’ team included Managing Partner Agnieszka Pytlas and Associate Ewa Olszewska.
HKV’s team included Partner Roman Hamala, Senior Associates Martin Hricko and Peter Makys, and Junior Associates Klaudia Popelyova and Laura Bugajova.
Oppenheim’s team included Partner Mark Pinter, Counsel Janos Fodor, and Associates Mark Ratkay and Eszter Horvath.
Editor’s Note: After this article was published, BPV Braun Partners confirmed it had advised Immofinanz. The firm’s team included Partners Miroslav Dudek and Gabriela Porupkova, Attorneys Pavlina Tejralova and Filip Balousek, and Junior Associate Pavel Brezina.