Conseq Realitni Secures EA Hotel Atlantic Palace Acquisition
Deal News | Jan 15, 2025 | CEE Legal Matters
Conseq Realitni, a prominent player in the Czech real estate market, successfully acquired the EA Hotel Atlantic Palace in Karlovy Vary. The acquisition was facilitated by Reals, a legal advisory firm, underscoring its role in navigating the complexities of such transactions. The purchase of this noted hotel marks an expansion move for Conseq Realitni into the hospitality sector. This acquisition is significant, reflecting ongoing investment interest in premium hospitality and real estate assets in lucrative markets like Karlovy Vary, known for its touristic appeal. Legal guidance by Reals played an essential role in the completion of this acquisition, ensuring regulatory compliance and strategic alignment with Conseq Realitni's growth objectives.
Sectors
- Real Estate
- Hospitality
Geography
- Czech Republic – The location of the acquired property, EA Hotel Atlantic Palace, is in Karlovy Vary, Czech Republic.
Industry
- Real Estate – The acquisition involves the purchase of a hotel property, indicative of investment in the real estate industry.
- Hospitality – The acquisition of EA Hotel Atlantic Palace directly relates to the hospitality industry, focusing on hotel property.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Conseq Realitni | Bidding Company | Company | A Czech real estate investment firm acquiring the EA Hotel Atlantic Palace. |
| EA Hotel Atlantic Palace | Target Company | Company | A hotel located in Karlovy Vary, which is the subject of the acquisition. |
| Reals | Legal Advisor | Company | The legal advisory firm assisting Conseq Realitni in the acquisition process. |