Peter Korbacka Advances Berlin Project with CZK 3B Bond

Deal News | Jul 10, 2025 | CEE Legal Matters

KSB has advised J&T in launching a CZK 3 billion bond program funded under a prospectus approved by the Czech National Bank. The proceeds are aimed at financing the 4 Ensembles project, a real estate development in Berlin's Mitte district. This project is undertaken by a Czech company part-owned by Peter Korbacka. The legal advisory team from KSB consisted of Partners Martin Krejci, Vlastimil Pihera, and Senior Lawyer Josef Kriz, underscoring the firm's involvement in pivotal financial transactions supporting cross-border European real estate investments.

Sectors

Real Estate Development
Financial Services
Legal Advisory

Geography

Czech Republic – The involvement of the Czech National Bank and the Czech company highlight the Czech Republic's central role in the transaction.
Germany – The real estate development project is located in Berlin, Germany, marking it as a key geographical area for the project.

Industry

Real Estate Development – The article primarily discusses a real estate development project in Berlin, highlighting the industry's significance in the European real estate market.
Financial Services – The issuance of bonds and involvement of financial advisors aligns the content with the financial services sector.
Legal Advisory – KSB's advisory role in the bond issuance reflects the importance of legal advisory services in structuring international finance deals.

Financials

CZK 3 billion – The value of the bond program to finance the Berlin real estate project.

Participants

Name	Role	Type	Description
KSB	Legal Advisor	Company	KSB provided legal advice on the bond issuance.
J&T	Issuer	Company	J&T is issuing the bonds in support of the Berlin real estate project.
Czech National Bank	Regulator	Government	Approved the base prospectus for the bond program.
Peter Korbacka	Part Owner	Person	Partially owns the Czech company responsible for the Berlin project.