White & Case advises Trinity Bank on acquisition of office portfolio in Prague

Global law firm White & Case LLP has advised Trinity Bank in connection with the acquisition of a 100% stake in the Riverside Karlín office portfolio in Prague from Austrian real estate company CA Immo.

The transaction involved five premium office buildings, including Danube House, Nile House, Mississippi House, Amazon Court and Missouri Park, in one of Prague's most established business districts.

"This transaction highlights the continued attractiveness of prime Czech real estate assets for domestic investors and reflects the ongoing shift in ownership of landmark properties from international institutional investors to strong local market players," said White & Case partner Václav Kubr, who led the Firm's deal team.

"The acquisition of the Riverside Karlín portfolio aligns closely with Trinity Bank's long-term growth and investment strategy and its commitment to investing in high-quality assets with enduring value. I would like to congratulate the bank on securing this exceptional portfolio of office assets in a leading Prague business district through this landmark transaction," said Petr Hudec, partner and head of the Capital Markets practice in Prague at White & Case.

The transaction represents another significant investment by Trinity Bank and further demonstrates the strong interest of Czech investors in high-quality income-generating real estate assets. The acquisition follows regulatory approval by the Czech Competition Authority.

The White & Case team in Prague which advised on the transaction included partners Václav Kubr, Petr Hudec, Ivo Janda and Václav Žaloudek, local partner Mariana Galusová, and associates Lucie Zanášková and Gabriela Blahoudková.

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