Success for KŠB Client: VGP Group Completes Giant Property Deal
The property – 58 modern logistics buildings with 627,000 m2 of leasable area and 90 acres of development land primarily in the vicinity of Prague – was sold to the Prague branch of Point Park Properties. VGP Group sold the property together with its joint venture partner, Tristan Capital Partners. The value of the transaction amounts to EUR 523 million (approximately CZK 14.5 billion). VGP Group will re-invest its part of the proceeds to develop projects in Central Europe and Germany.
“In building our portfolio, it paid off to invest in high-quality legal services. And KŠB was just the law firm to provide top advice. The professionalism of their work was confirmed in the due diligence process, which underscored the quality of the complete portfolio during the sales process,” says Tomas Van Geet, VGP Group’s CCO.
KŠB has advised VGP Group since the developer first launched its operations on the market and has provided legal advice on the acquisitions, development, construction, leases and operations of a substantial part of VGP’s property portfolio.
Other articles
KŠB Provide Insight into the Legal Support for Smetana Litomyšl Music Festival
Our colleagues Sylvie Sobolová and Jana Guričová were interviewed by Jan Januš’s legalweb about the legal support for Smetana Litomyšl, one of the most important music festivals in the Czech Republic.
KŠB Sponsors 19th Annual Student Research and Professional Activities Competition at Charles University’s Faculty of Law
Kocián Šolc Balaštík was once again a partner of the Student Scientific and Professional Activities (SVOČ) competition at Charles University’s Faculty of Law. The awards ceremony for the 19th annual competition took place on June 11, 2026, with students, academics, and competition partners in attendance.
KŠB Attorneys for legalweb: Let’s Keep the Current Flexible Approach to Judicial Recesses
KŠB attorneys Hana Dejlová and Radka Felgrová participated in a legalweb survey discussing whether Czechia should officially introduce judicial recesses and proposed changes to the country’s court system.
