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Kinstellar advises Singapore sovereign wealth fund GIC on its EUR 2.4 billion acquisition of logistics property developer P3

November 2016Kinstellar teams in Bulgaria, the Czech Republic, Romania, Serbia and Slovakia have successfully advised GIC, Singapore’s sovereign wealth fund, on its EUR 2.4 billion acquisition of the European logistics property company P3 Logistic Parks, which is described as the largest European real estate deal this year.

The transaction, which involves a portfolio of over 163 sites primarily in eastern and southern Europe totalling 3.3 million square metres of warehouse space and additional land, is subject to regulatory approvals and is expected to close by the end of 2016.

The Kinstellar team comprised Jan Juroška (Partner) and Rudolf Schichor (Associate) in the Czech Republic; Răzvan Popa (Partner) and Mihaela Poşircă (Managing Associate) in Romania; Selma Mujezinović (Partner) and Andreja Vražalić (Associate) in Serbia; Zuzana Hodoňová (Counsel) and Vladimir Simkovic (Associate) in Slovakia and Antonia Mavrova (Counsel) and Mladen Minev (Managing Associate) in Bulgaria.

Jan Juroška, Partner in Kinstellar’s Prague office who coordinated the transaction for Kinstellar offices, comments: “We are delighted to have been involved in this landmark deal. It has allowed our teams to showcase their impeccable and integrated real estate and M&A skills and knowledge.”

For more information please contact Jan Juroška, Partner, at .

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