Clifford Chance

Clifford Chance advises KKCG REG on the disposal of Bořislavka Centrum

Clifford Chance has advised KKCG Real Estate Group (KKCG REG) on the sale of Bořislavka Centrum, a multi-purpose complex designed by the renowned Czech architectural studio AFA, to the ČS nemovitostní fond, the oldest and the largest real estate fund in the Czech Republic managed by REICO investiční společnost České spořitelny, a.s. (REICO IS ČS).

Bořislavka Centrum is a new complex of four interconnected buildings located on Evropská street in the Prague 6 district with strategic placement between the city centre and Václav Havel International Airport. It includes office and retail premises with a leasable area of over 40,000 square meters. The office part is now mainly occupied by companies from KKCG group, such as KKCG, Sazka, MND Group, Allwyn, KKCG Technology or KKCG REG, that will still occupy the buildings and will be using the premises as tenants.

The facility is environmentally friendly, featuring intelligent management systems that control energy consumption and exchange of air. It has won the Best of Realty's "Environmental Project of the Year" amongst other prestigious real estate awards.

KKCG Real Estate Group is a member of KKCG Group founded in 2012. Its main focus is on residential and commercial development and facility management. Besides Bořislavka Centrum, the firm's recent projects include the construction of fifty low-energy houses built in Šárecká valley and residential project top‘ rezidence Pomezí.

The Clifford Chance team was led by Prague's Real Estate Partner Emil Holub and by Counsel Aneta Disman, both primarily supported by Junior Lawyer Ondřej Dolenský.