Kinstellar has advised CSOB on financing a portfolio of rooftop solar power plants for CPI Property Group in the Czech Republic via a green loan.
CPI Property Group is a European real estate owner. In the Czech Republic, it is the largest owner of office properties, a major retail space landlord, and a provider of rental housing. According to Kinstellar, "the planned construction of the solar power plants, with a total installed capacity of 17.43 megawatts, will cover a significant portion of CPIPG's energy consumption."
Earlier in 2024, Kinstellar advised S Immo on its acquisition of a EUR 450+ million Czech property portfolio from CPI (as reported by CEE Legal Matters on May 22, 2024).
The Kinstellar team included Partner Klara Stepankova, Counsel Michal Forytek, Managing Associate Vaclav Kment, Senior Associate Matej Vecera, Associate Artom Gnedin, and Junior Associates Dominik Ctvrtnicek and Paul Valka.
