DSV Sells Logistics Park in Slovakia to Reico Long Lease
Deal News | Apr 09, 2025 | CEE Legal Matters
Kinstellar has provided legal advisory services to DSV in the execution of a sale and leaseback transaction involving its logistics park located in Senec, Slovakia. The buyer of this transaction, Reico Long Lease, is an open-ended real estate mutual fund administered by Reico Investicni Spolecnost, part of Erste Asset Management. This logistics facility encompasses about 69,600 square meters of gross leasable space and is noted for integrating robust Environmental, Social, and Governance (ESG) features. Lawyers from Kinstellar, including Senior Associate Adam Pichler and Junior Associate Alexandra Milde, guided this transaction. Additionally, Wilsons advised the buying party.
Sectors
- Real Estate
- Logistics and Supply Chain
- Legal Services
Geography
- Slovakia – The logistics park involved in this sale and leaseback transaction is located in Senec, Slovakia.
Industry
- Real Estate – The transaction involves a sale and leaseback of a logistics park, which is a significant real estate asset.
- Logistics and Supply Chain – DSV is a major player in freight forwarding and logistics, highlighting the industry's role in this transaction.
- Legal Services – Kinstellar and Wilsons are law firms providing advisory services, indicating the legal industry's involvement.
Financials
- 69,600 square meters – The logistics park in question spans approximately 69,600 square meters of gross leasable area.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DSV | Seller | Company | DSV is a global transport and logistics company engaged in this sale and leaseback transaction. |
| Reico Long Lease | Buyer | Company | Reico Long Lease is an open-ended real estate mutual fund managed by Reico Investicni Spolecnost, a part of Erste Asset Management. |
| Kinstellar | Legal Advisor to Seller | Company | Kinstellar provided legal advisory services to DSV for the transaction. |
| Wilsons | Legal Advisor to Buyer | Company | Wilsons reportedly advised the buyers in this transaction. |
| Reico Investicni Spolecnost | Manager | Company | Reico Investicni Spolecnost manages the Reico Long Lease fund. |