DELTA legal provided legal advice to CTP Invest in the “sale and leaseback” of REUS’s industrial complex in Pilsen.
Major industrial real estate developer CTP Invest acquired an industrial park strategically situated in Pilsen from REUS, a leading European supplier of complex forwarding and binding services. REUS will continue its activities in the industrial park following the sale.
The transfer of the industrial complex was a combined share and asset deal. DELTA legal conducted thorough due diligence before the acquisition and negotiated the contractual documentation.
CTP Invest is one of the most significant developers and high-tech business park owners in Central and Eastern Europe with a total rentable area of 5 million square metres.
“We greatly appreciate the opportunity to assist CTP Invest with yet another strategic deal in the field of industrial properties,” said partner Pavel Fára. “Sale and leaseback proved to be the ideal solution, bringing long-term benefits and satisfaction for both parties.”
Partners Libor Vacek and Jiří Absolon and attorneys Renata Hurychová, Henrieta Hovanová, Irena Doležalová Sokolíková and Lukáš Koukal also took part in the transaction.