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Czech law firm, BBH has represented Kaprain in strategic acquisition

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Posted: 22nd November 2023 by
Courtney Evans
Last updated 25th November 2024
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Kaprain's ambitious project aims to transform the area into a vibrant new district, a focal point of Prague 9, incorporating a mix of civic, public, commercial, and residential spaces

BBH, the distinguished Czech law firm, has represented the Czech investment group Kaprain in its strategic acquisition of a 5.3 ha brownfield site in Libeň, a district in Prague 9, from Howden ČKD Compressors. The significant site, which is positioned near the O2 arena—a key sports and events hub and the home ground of the Sparta Praha ice-hockey team—presents a prime location for Kaprain's visionary development plans.

Kaprain's ambitious project aims to transform the area into a vibrant new district, a focal point of Prague 9, incorporating a mix of civic, public, commercial, and residential spaces. The development is set to infuse the locale with dynamic growth and enhanced urban offerings.

In structuring the deal and drafting of the transaction documentation, careful consideration and advice were given on the related issues of financing of the transaction, insurance, as well as the future development of the site.

Throughout the property sale, Colliers and PRK offered their expertise to Howden.

The Logo for BBH, legal advisor to Kaprain

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About the Author

Courtney Evans
Courtney studied English Literature and Creative Writing at University and is the Editorial Assistant for Lawyer Monthly, Finance Monthly and CEO Today writing articles for all three publications. Courtney is an experienced writer who enjoys researching for the articles. When she’s not working, Courtney can be found planning her next budget friendly trip and trying to tick off new experiences on her ever-growing bucket list.
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