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KSB Advises J&T Bank on Financing CPI Property Group Hotel Portfolio Joint Venture

KSB Advises J&T Bank on Financing CPI Property Group Hotel Portfolio Joint Venture

Czech Republic
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Kocian Solc Balastik has advised J&T Bank on the financing aspects of a joint venture between the CPI Property Group and Best Hotel Properties, which purchased a 50% stake in a EUR 347 million portfolio of eight hotel properties.

Best Hotel Properties manages, administers, and invests in hotels.

The CPI Property Group is an owner of income-generating real estate in Central and Eastern Europe.

J&T Banka has been offering services and consultancy since 1998, including multigenerational asset and succession management, investment advisory, securities trading, asset administration, and structuring.

According to KSB, "CPIPG has successfully sold a 50% stake in a subsidiary holding the portfolio, totaling approximately EUR 173 million, putting a total value on the portfolio of EUR 347 million."

The KSB team included Partner Martin Krejci, Counsel Ivo Prusa, and Associate Tomas Travnicek.

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PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

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