Amadeus Real Estate Divests Majority Stake in Maj Narodni Center

Clifford Chance has played a vital advisory role for Amadeus Real Estate in the successful divestiture of a majority stake in the Maj Narodni shopping and entertainment center, a prominent development located in Prague. Maj Narodni, known for its strategic location and modern amenities, was sold to Fond Realita. Fond Realita, established by Atris Investicni Spolecnost, is a well-regarded investment firm that manages multiple properties across the Czech Republic. BBH, another reputed law firm, provided legal counsel to Fond Realita, while White & Case reportedly advised the associated financing institutions. This transaction is part of a broader real estate investment strategy in the Czech market, showcasing the active involvement of prominent legal firms. This deal underscores a significant shift in the ownership of a key asset in Prague, reflecting vibrant investment activity within the region. Amadeus Real Estate is a respected family-run developer with over three decades of experience in the real estate sector.