Fio Realitni: Acquisition of Prague's Stara Celnice by Czech Fund
Deal News | Apr 30, 2025 | CEE Legal Matters
Dentons has successfully guided Fio Realitni Fond SICAV through its recent acquisition of Stara Celnice, an office and retail complex located in Prague. The Czech fund purchased the complex from BVK EuropaImmobilienSpezialfonds, a German pension fund, with legal advice provided by the Wilsons law firm. The acquisition underscores Fio Realitni Fond's strategic investment in prime location properties. The legal team from Dentons that facilitated this acquisition included Partner Monika Kajankova, Associate Jan Sedlak, and Junior Associate Hana Uricarova.
Sectors
- Real Estate
- Legal Services
Geography
- Czech Republic – The location of the Stara Celnice complex is in Prague, Czech Republic, making it a relevant geography for the transaction.
- Germany – BVK EuropaImmobilienSpezialfonds, the seller, is a German pension fund, adding Germany as a related geography.
Industry
- Real Estate – The acquisition of the Stara Celnice complex, which includes office and retail spaces, is a direct investment in the real estate sector.
- Legal Services – Dentons and Wilsons provided legal advisory services, highlighting the role of legal firms in mergers and acquisitions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fio Realitni Fond SICAV | Bidding Company | Company | A Czech investment fund that acquired the Stara Celnice complex. |
| BVK EuropaImmobilienSpezialfonds | Selling Company | Company | A German pension fund that sold the Stara Celnice complex. |
| Stara Celnice | Target Company | Company | The office and retail complex located in Prague, Czech Republic. |
| Dentons | Legal Advisor | Company | An international law firm that advised Fio Realitni Fond on the acquisition. |
| Wilsons | Legal Advisor | Company | Provided legal counsel to BVK EuropaImmobilienSpezialfonds in the transaction. |
| Monika Kajankova | Partner | Person | A partner at Dentons who was part of the legal team for the acquisition. |
| Jan Sedlak | Associate | Person | An associate at Dentons who was part of the legal team for the acquisition. |
| Hana Uricarova | Junior Associate | Person | A junior associate at Dentons who was part of the legal team for the acquisition. |