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Interlaw’s Czech Firm Advises on CZK 1 billion acquisition

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Interlaw’s partner firm in the Czech Republic, DELTA legal, has advised INVESTIKA Real Estate Fund (IRF) on its acquisition of a manufacturing and logistics centre near Wroclaw, Poland in a transaction valued at almost CZK 1 billion.

The team at DELTA legal included Pavel Fára, Libor Vacek, Veronika Chrobok, Henrieta Hovanová and Jiří Absolon, who were responsible for the Czech part of the transaction, including the legal audit of the target company. DELTA legal used its extensive experience in cross-border advisory services and was also involved in IRF’s entry into the Polish market and in a number of other cross-border transactions.

IRF is the biggest non-bank retail real estate fund on the Czech and Slovak market. It focuses on investing in commercial real estate with reliable long-term tenants across Europe.

Václav Kovář, Portfolio Manager of IRF, said: “The DELTA legal team was a reliable partner in this acquisition, as it has been repeatedly in other cross-border transactions."