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Clifford Chance advises The Charnwood Company on the sale of Eastgate Park in Prague

27 October 2021

Clifford Chance advises The Charnwood Company on the sale of Eastgate Park in Prague

Clifford Chance Prague has provided legal advice to The Charnwood Company, a Prague based owner, developer, investor and asset manager of institutional real estate, in relation to the disposal of Eastgate Park.

The 39,000-square-meter last-mile logistics facility, situated in an established industrial zone surrounding in Prague's district Štěrboholy, was acquired by Hines Global Income Trust, real estate investment trust with $2.3 billion portfolio and industrial assets in the United States, Netherlands, United Kingdom, Poland, Germany, Spain and now in the Czech Republic.

The Clifford Chance team was led by Real Estate Partner Emil Holub and Counsel Milan Rákosník, who were mainly supported by Associate Josef Lysoněk.

Clifford Chance has recently also advised on three award-winning transactions. These transactions were awarded at CEE Deal of the Year Awards 2020 hosted by CEE Legal Matters. You can read more about it here.