Hilton Prague Secures New Ownership in PPF Real Estate Deal
Deal News | Mar 04, 2025 | CEE Legal Matters
In a noteworthy acquisition within the real estate and hospitality sectors, PPF Real Estate has acquired Hilton Prague, the Czech Republic's largest hotel. Legal advisory for this significant transaction was provided by BBH and CMS, two prominent law firms. BBH's team was led by Partners Petr Precechtel and Andrea Adamcova, with the collaboration of Senior Associates and Junior Associates including Jan Krejci, Adam Necas, Adam Krejci, and Mikulas Zacpal, as well as Trainee Marek Pieklo. The CMS legal team assisting the acquisition comprised Partners Helen Rodwell and Lukas Hejduk, along with Consultant David Cranfield, Counsel Lukas Valusek, and a supporting team of Senior Associate and Associates including Pavel Kocian, Stepan Havranek, and Lukas Reichmann. This transaction marks a significant development in the Czech hospitality market, reflecting robust investment interests in the region.
Sectors
- Real Estate
- Hospitality
- Legal Advisory
Geography
- Czech Republic – Hilton Prague, the subject of the acquisition, is located in the Czech Republic, making the country a central geographic focus.
Industry
- Real Estate – The article discusses the acquisition of a significant asset in the real estate industry, Hilton Prague, by PPF Real Estate.
- Hospitality – Hilton Prague is a large hotel, making the hospitality industry a relevant context for the transaction.
- Legal Advisory – The involvement of law firms BBH and CMS highlights the role of legal advisory services in M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hilton Prague | Target Company | Company | The hotel acquired in the transaction, it is the largest hotel in the Czech Republic. |
| PPF Real Estate | Acquirer | Company | The real estate investment company that acquired Hilton Prague. |
| BBH | Legal Advisor | Company | One of the law firms that provided legal support during the acquisition process. |
| CMS | Legal Advisor | Company | Another law firm involved in providing legal advice for the transaction. |