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Clifford Chance advises on acquisition of Churchill Square office complex


Clifford Chance advises on acquisition of Churchill Square office complex
18 December 2020
Clifford Chance advises on acquisition of Churchill Square office complex
Clifford Chance Real Estate team advised Corporate Finance House Group (CFH) in a joint venture with Českomoravská Nemovitostní (ČMN) on acquisition of Churchill Square office from Penta Real Estate. The value of over CZK 4 billion made this the largest Real Estate office transaction of 2020 in the Czech Republic.
Churchill Square office complex is located near the Prague main train station. The brownfield area near the main train station transformed rapidly since 2017 when Penta Real Estate started with a construction of two office buildings and when SUDOP started with the development of residential building one year later. One of the office buildings is currently a headquarters of Deloitte and a main part of the second one is occupied by Fortuna Entertainment Group. Also, number of services and re ....

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