Kocian Solc Balastik has advised real estate investment fund Nemomax on its first EU growth prospectus.
According to KSB, “with fund capital of almost CZK 1 billion, the investment fund focuses on investments in real estate projects in the Czech Republic, mainly in the residential housing sector, and is managed by Avant, a leading Czech investment company. The issuer will use the issue to finance its acquisition and development activities.”
Recent Nemomax projects include VIVA Lipno (apartment houses on the banks of Lipno Lake), VIVA Vrchlabi (58 apartment units in the city of Vrchlabí), and family houses in Cimice and Bakovo.
The KSB team included Partners Vlastimil Pihera and Josef Kriz.