Amundi Czech Republic Completes Sale of Louis Vuitton Headquarters in Prague

Deal News | Nov 25, 2024 | CEE Legal Matters

Amundi Czech Republic Completes Sale of Louis Vuitton Headquarters in Prague

Havel & Partners recently advised Amundi Czech Republic on successfully selling a building in Prague's exclusive district to Raiffeisen Realitni Fond. This transaction involved a prominent property housing Louis Vuitton's headquarters and boutique. The property's sale underscores its significance as an iconic asset on one of Prague's priciest streets. The legal team from Havel & Partners was led by Partner Lukas Syrovy and Managing Associate Albert Tatra. On the other side, Raiffeisen Realitni Fond secured the purchase with advisory from OHBS, reflecting a strategic acquisition of a prime luxury asset by Raiffeisen Investicni Spolecnost. This transaction highlights continued investment appeal in Prague’s luxury real estate market.

Sectors

  • Real Estate
  • Legal Services
  • Investment Management
  • Retail (Luxury Goods)

Geography

  • Czech Republic – The location of the transaction and properties involved is in Prague, Czech Republic.

Industry

  • Real Estate – The article discusses the sale of a significant building in Prague, indicating its importance in the real estate market.
  • Legal Services – Havel & Partners provided legal assistance to Amundi Czech Republic during the sale.
  • Investment Management – Amundi Czech Republic, an investment company, conducted the transaction, showing involvement in the investment management industry.
  • Retail (Luxury Goods) – The property sold serves as the headquarters and boutique for the luxury brand Louis Vuitton.

Financials

  • – The article does not disclose the sale price or other financial details of the transaction.

Participants

NameRoleTypeDescription
Amundi Czech RepublicSellerCompanyAn investment company involved in the sale of a prime property in Prague.
Raiffeisen Realitni FondBuyerCompanyManaged by Raiffeisen Investicni Spolecnost, responsible for purchasing the building.
Havel & PartnersLegal AdvisorCompanyProvided legal advice to Amundi Czech Republic for this transaction.
OHBSLegal AdvisorCompanyAdvised the buyers, Raiffeisen Realitni Fond, during the transaction.
Louis VuittonTenantCompanyA luxury fashion brand whose headquarters and boutique are located in the sold building.