3 November 2020
Clifford Chance Prague is delighted to win epravo's Law Firm of the Year award for 2020 in the category of Real Estate, after receiving the same award for 2019.
Although the market was not as active as the year before due to the coronavirus pandemic, the Prague Real Estate practice continued to work intensively on a number of significant transactions.
The Real Estate team, for example, acted for Generali Real Estate on the acquisition of the iconic Kotva shopping center or IBC office building in Prague.
The team also represented Heimstaden Bostad on the acquisition of RESIDOMO's residential portfolio which amounts to EUR 1.3 billion. This was the largest real estate transaction in the Czech Republic to date and included more than 42,000 apartments. Christian Fladeland, the company's CIO, stated about the cooperation: "The Clifford Chance team has really exceeded our expectations in every aspect."
Emil Holub, Head of Real Estate in Prague comments: "It is pleasing that we are receiving recognition locally from epravo.cz for the second time in a row, which underscores our top tier rankings in the international directories. The award is a testament to our fantastic client base – without whom we would not get this award – and to the incomparable strength of our team."