Weinhold Legal participated in the successful completion of the acquisition of the B&B Hotel in Prague's Florenc district, executed by investment company Amundi Czech Republic, acting on behalf of qualified invest fund, Amundi Realitní fond KB3. The hotel will become part of a transformational project that aims to turn the area into a modern and lucrative space in the coming years.
Amundi Czech Republic has long focused on acquisitions of commercial real estate in the Czech Republic and Western Europe. This transaction, in line with the fund's investment strategy, confirms the continued growth of interest in the hotel market in the Czech Republic, which has stabilized after the pandemic and is beginning to show a positive trend.
“We are pleased to have provided legal support for this important transaction and to have contributed to the further development of this location. Collaborating on such projects allows us to leverage our experience in real estate transactions,” said Václav Štraser, Managing Associate at Weinhold Legal.
The legal support for this transaction was provided by the Weinhold Legal team, consisting of Martin Lukáš, Václav Štraser, and Lenka Němečková