23.5.2024
News
M&A
Real estate and construction

Kocián Šolc Balaštík Law Firm advises J&T Bank in CPI PROPERTY GROUP's Hotel Joint Venture and Stake Sale Transaction

KŠB Law Firm is pleased to announce its advisory role in facilitating the recent transaction between CPI PROPERTY GROUP ("CPIPG") and Best Hotel Properties ("BHP") regarding the joint venture and stake sale of a portfolio of eight hotel properties in the Czech Republic.

Under the terms of the agreement, CPIPG has successfully sold a 50% stake in a subsidiary holding the portfolio, totaling approximately €173 million, putting a total value on the portfolio of €347 million. This strategic move marks a significant step for CPIPG in optimizing its portfolio and capitalizing on opportunities within the hospitality sector.

KŠB Law Firm provided comprehensive legal services to J&T Bank throughout the transaction process and facilitating a smooth execution of the financing part of the deal.

The joint venture between CPIPG and BHP represents a significant collaboration in the hospitality sector, leveraging the respective strengths and expertise of both entities. BHP, renowned for its investment and operational prowess in premium and luxury hotel properties across the CEE region, brings valuable insights and resources to the partnership.

Other articles

20.6.2025
News

KŠB advised the seller on the sale of mcePharma to the Brenntag Group

The KŠB team, consisting of Vlastimil Pihera, Jakub Porod, and Dominika Bazalová, provided legal advice to the seller, Mr. Ivan Mikeš, in connection with the sale of 100% of the shares in mcePharma to the international Brenntag Group, a global leader in the distribution of chemicals and ingredients.
18.6.2025
News

KŠB Provided Legal Advisory in the Sale of ARETE Park Rokycany II to the REICO LONG LEASE Fund

Jiří Horník, Jakub Porod, and Yelizaveta Volodina assisted the ARETE group in the sale of the premium logistics complex ARETE Park Rokycany II. The buyer is the REICO LONG LEASE fund, managed by REICO Erste Asset Management. The fund primarily invests in logistics, industrial, retail, office, and other commercial properties, mainly in the Central European region.
17.6.2025
News

KŠB and Smetanova Litomyšl – a partnership with impact

Last weekend, as partners of the Smetanova Litomyšl festival, we had the honour of attending the opening concert of the festival’s 67th edition, featuring the Czech Philharmonic conducted by Jakub Hrůša and the exceptional Norwegian violinist Vilde Frang.