Sale of P3 to GIC
Barbora advised P3 Logistic Parks (P3) and leading global investment company TPG Real Estate (the previous owner of the P3 developer alongside Ivanhoé Cambridge) on the sale of P3 to GIC, a sovereign wealth fund established by the government of Singapore. With a transaction value of EUR 2.4 billion, this represents the largest deal on the European real estate market in 2016, and the largest real estate deal ever in the Czech Republic.
EUR 1.9 billion financing of the CTP Group - the largest real estate financing in the CEE region
Barbora advised Erste Group Bank AG, Česká spořitelna, a.s., UniCredit S.p.A., UniCredit Bank Czech Republic and Slovakia, a.s., Société Générale S.A. and Komerční banka, a.s., as mandated lead arrangers, in connection with legal due diligence carried out for the purposes of refinancing the existing financial indebtedness of property companies within CTP Group, one of the largest industrial developers in the CEE region. At the amount of EUR 1.9 billion, this is one of the largest real estate financings in the CEE region.
CTP – sale of a Czech logistics portfolio to Deka Immobilien
Barbora represented CTP, a leading commercial real estate developer and manager of business parks in Central & Eastern Europe, in connection with the EUR 450 million sale of a Czech logistics portfolio to Deka Immobilien. This represents one of the largest-ever real estate transactions in the Czech Republic, and the largest logistics deal in Europe in 2018.
TPG Real Estate – acquisition of industrial real estate assets from Contera
Barbora represented TPG Real Estate, TPG's real-estate platform, in connection with the CZK 2.4 billion (EUR 93.3 million) acquisition of industrial real estate assets from Contera, a Czech industrial real estate developer, and in the formation of a joint venture for future real estate development.
