bpv BRAUN PARTNERS advised J&T REAL ESTATE CZ, a.s. on negotiating the lease of the Red Court office project in Prague – Karlín. Legal services included preparation and negotiation of lease documentation.
The exclusive tenant of the building, which was designed by the renowned CMC architects studio inspired by the atmosphere and history of the site, is the industrial-technology holding Czechoslovak Group (CSG), which will concentrate its Prague employees here.
The real estate team consisting of partner Miroslav Dudek and senior associate Pavlina Tejralová provided legal advice.
The building with 8 above-ground and 3 underground floors offers over 7,000 sqm of space, including a generous roof terrace, a bike room or showers – exactly according to the current trends in Karlin. In addition, it has been certified Leed Gold, the second highest award of the Leed standard, which assesses the environmental impact and sustainability of buildings.
J&T Real Estate is a developer dedicated to real estate projects that are interesting and extraordinary in their vision and architecture. They strive to implement solutions with superior utility value for local citizens, tenants and the surrounding environment. The emphasis is on design, materials and execution. All of this has made their projects – which include the Rustonka office complex or the Kampa residence – long-term profitable investments for more than a decade.
The long prepared and hotly debated law was passed a few days ago by the Lower chamber in its third reading without opposition and will most likely come into force on 1 July 2023.
bpv BRAUN PARTNERS advised its client, IMMOFINANZ, on the acquisition of 53 retail properties from CPI Property Group (CPIPG).
The Government approved an amendment to Act No. 334/1992 Coll., on the Protection of the Agricultural Land Fund, which strengthens the protection of agricultural land.
