UniCredit Supports Waltrovka Office Project Financing
Deal News | Apr 11, 2025 | CEE Legal Matters
CMS has provided legal guidance to UniCredit Bank Austria and UniCredit Bank Czech Republic and Slovakia concerning financing arrangements for Manova Partners' Waltrovka office project in Prague. The Waltrovka development was initially undertaken by Penta Real Estate. CMS's advisory team was led by Prague-based Partner Petra Mysakova, including Associate Vladimir Zemanik, Lawyer Matej Eberle, and Germany-based Partner Thomas de la Motte. Meanwhile, Dentons delivered advisory services to Manova Partners.
Sectors
- Real Estate Development
- Banking & Finance
- Legal Services
Geography
- Czech Republic – The Waltrovka office project is located in Prague, making the Czech Republic the primary geographical focus.
- Austria – UniCredit Bank Austria is involved in the financing, highlighting Austria's connection to the transaction.
- Germany – A member of the CMS advisory team is Germany-based, indicating a geographical link to Germany.
Industry
- Real Estate Development – The article discusses the financing of a real estate development project in Prague, emphasizing its importance in the sector.
- Banking & Finance – The article highlights UniCredit Bank's involvement in financing, showcasing the role of financial institutions in real estate development.
- Legal Services – CMS and Dentons are legal advisors featured in this transaction, underscoring the role of legal services in facilitating financial deals.
Financials
- – The article discusses the financing of the Waltrovka office project, but does not specify the financial terms.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| UniCredit Bank Austria | Financer | Company | A significant financer in the Waltrovka office project. |
| UniCredit Bank Czech Republic and Slovakia | Financer | Company | Part of the UniCredit group involved in financing the project. |
| CMS | Legal Advisor | Company | Provided legal advisory services for UniCredit Bank in the transaction. |
| Manova Partners | Developer | Company | The entity undertaking the Waltrovka office project development. |
| Dentons | Legal Advisor | Company | Advised Manova Partners on the transaction. |
| Penta Real Estate | Original Developer | Company | Initially undertook the Waltrovka development. |
| Petra Mysakova | Partner | Person | Prague-based CMS Partner leading the advisory team. |
| Vladimir Zemanik | Associate | Person | CMS Associate involved in the legal advisory team. |
| Matej Eberle | Lawyer | Person | CMS Lawyer part of the team advising on the project. |
| Thomas de la Motte | Partner | Person | Germany-based CMS Partner in the advisory team. |