Nitya Vashishtha, Author at Legal Desire Media and Insights https://legaldesire.com/author/nitya/ Latest Legal Industry News and Insights Tue, 03 Dec 2024 08:00:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://legaldesire.com/wp-content/uploads/2018/11/cropped-cropped-cropped-favicon-1-32x32.jpg Nitya Vashishtha, Author at Legal Desire Media and Insights https://legaldesire.com/author/nitya/ 32 32 Herbert Smith Freehills advises Cool Japan Fund on investment in UK tour operator https://legaldesire.com/herbert-smith-freehills-advises-cool-japan-fund-on-investment-in-uk-tour-operator/ Tue, 03 Dec 2024 08:00:46 +0000 https://legaldesire.com/?p=85409 Leading international law firm Herbert Smith Freehills has advised Cool Japan Fund, Inc. (CJF) on its investment in the UK’s Inside Travel Group, alongside Piper Private Equity LLP, a UK-based private equity fund. Already the UK’s leading Japan travel specialist, Inside Travel will use CJF’s support to further growth in high-end travellers visiting Japan from […]

The post Herbert Smith Freehills advises Cool Japan Fund on investment in UK tour operator appeared first on Legal Desire Media and Insights.

]]>
Leading international law firm Herbert Smith Freehills has advised Cool Japan Fund, Inc. (CJF) on its investment in the UK’s Inside Travel Group, alongside Piper Private Equity LLP, a UK-based private equity fund.

Already the UK’s leading Japan travel specialist, Inside Travel will use CJF’s support to further growth in high-end travellers visiting Japan from the UK, US and Australia.

“This successful UK travel company began after a graduation trip to Japan by its founders in the 1990s,” said Herbert Smith Freehills Tokyo partner Joseph Fisher. “Over 20 years, they have built their passion for Japan and Asia into becoming the region’s leading specialist tour operator.”

Established in 2013, CJF currently has US$1.4 billion in assets under management in sectors such as food, clothing and housewares, leisure, local and traditional products, education, and tourism.

“Public-private fund CJF was set up to expand overseas demand for products and services unique to the Japanese lifestyle and culture,” said Herbert Smith Freehills London partner Dylan Doran Kennett. “It’s been a pleasure to support its investment in the burgeoning travel sector.”

CJF was advised from Tokyo by Joseph Fisher with associate Alexander Chuprunov, from London by partner Dylan Doran Kennett, senior associate Tom Watkins and associates William Beynon and Sabry Salama, and from Sydney by partner Damien Roberts.

The post Herbert Smith Freehills advises Cool Japan Fund on investment in UK tour operator appeared first on Legal Desire Media and Insights.

]]>
Freshfields advises QIA on its investment in Audi’s F1 project https://legaldesire.com/freshfields-advises-qia-on-its-investment-in-audis-f1-project/ Tue, 03 Dec 2024 07:59:31 +0000 https://legaldesire.com/?p=85407 Global law firm Freshfields has advised Qatar Investment Authority (‘QIA’), the sovereign wealth fund of the State of Qatar, on its acquisition of a significant minority stake in Sauber Holding AG, the future Formula 1 factory team of German car manufacturer Audi AG. With this strategic investment, QIA will enter the project as a long-term […]

The post Freshfields advises QIA on its investment in Audi’s F1 project appeared first on Legal Desire Media and Insights.

]]>
Global law firm Freshfields has advised Qatar Investment Authority (‘QIA’), the sovereign wealth fund of the State of Qatar, on its acquisition of a significant minority stake in Sauber Holding AG, the future Formula 1 factory team of German car manufacturer Audi AG.

With this strategic investment, QIA will enter the project as a long-term investor and partner. QIA’s investment will provide a substantial capital injection and further pave the way for increasing infrastructure and team buildout, positioning the team for long-term success in the Formula 1.

QIA was established in 2005 to protect and grow Qatar’s financial assets, and to help diversify the economy. It is a global investment organization with investments spanning all major global markets, asset classes, sectors and geographies. Audi will officially enter Formula 1 with a factory team with the change of the technical regulations in 2026.

The transaction is subject to customary regulatory approvals.​

The Freshfields team was led by Partner Ralph Kogge (Corporate/M&A, Munich) and also included:

  • Partners: Helmut Bergmann (Antitrust & Competition, Berlin), Giles Pratt (Commercial/IP/IT, London), Stephen Hewes (Corporate/M&A, London)
  • Counsel: Judit Gajdics (Corporate/M&A, Munich), Mariusz Motyka-Mojkowski (Antitrust & Competition, Berlin), Martin Rehberg (Tax, Munich)
  • Principal Associates: Sandra Jung (Corporate/M&A, Munich), Moritz Lehmann (Tax, Munich)
  • Associates: Charlotte Schings (Corporate/M&A, Munich), Caroline Guichoux, Christopher Sickinger (both Antitrust & Competition, Berlin), Tochukwu Egenti, Jaymie Younger (both Commercial/IP/IT, London)
  • Senior Transaction Lawyer: Franz Dahl (Hamburg)

Inhouse the transaction was advised by Michael Schweppe.

The post Freshfields advises QIA on its investment in Audi’s F1 project appeared first on Legal Desire Media and Insights.

]]>
02 December 2024 Baker McKenzie Advises ATB Therapeutics on EUR 54 million Series A Financing https://legaldesire.com/02-december-2024-baker-mckenzie-advises-atb-therapeutics-on-eur-54-million-series-a-financing/ Tue, 03 Dec 2024 07:58:35 +0000 https://legaldesire.com/?p=85405 Baker McKenzie has advised ATB Therapeutics SA, a Belgian next-generation antibody company, on the successful closing of a EUR 54 million Series A financing. With this financing, ATB Therapeutics will advance the development of oncology and immunology drug candidates based on its patented ATBioFarm platform. The financing was led by EQT Life Sciences, alongside the […]

The post 02 December 2024 Baker McKenzie Advises ATB Therapeutics on EUR 54 million Series A Financing appeared first on Legal Desire Media and Insights.

]]>
Baker McKenzie has advised ATB Therapeutics SA, a Belgian next-generation antibody company, on the successful closing of a EUR 54 million Series A financing. With this financing, ATB Therapeutics will advance the development of oncology and immunology drug candidates based on its patented ATBioFarm platform. The financing was led by EQT Life Sciences, alongside the wider syndicate of investors including, among other, V-Bio Ventures, the Belgian Wealth Sovereign Fund SFPIM, VIVES Partners, Wallonie Entreprendre and Sambrinvest.

“Thanks to our team of specialized corporate/M&A and life sciences lawyers, we were able to contribute on the legal side to the success of this Series A financing round of ATB Therapeutics. This will further expand the potential of the ATBioFarm platform and make transformative therapies available to patients worldwide”, commented Younes Sebbarh, leading the Baker McKenzie team.

Founded in 2018, ATB Therapeutics is a biotechnology company based in Marche-en-Famenne, Belgium, specializing in the discovery and development of novel antibody therapies. Utilizing a proprietary technology platform based on plant-based molecular farming, ATB Therapeutics aims to deliver targeted solutions for oncology and autoimmune diseases through innovative next-generation antibody therapies.

Baker McKenzie’s Corporate Finance and Life Sciences regularly advise pharma and biotech companies, as well as financial and strategic investors on cross border and transformational transactions in the life sciences field. Most recently, Baker McKenzie advised, inter alia, AgomAb Therapeutics on its USD 100 million Series C and USD 89 million Series D financing, Numab Therapeutics in a CHF 100 million cross-over financing, Denmark-based Chr. Hansen Holding on the acquisition of Jennewein Biotechnologie, Ariceum Therapeutics on the acquisition of UK based biotechnology company Theragnostics Ltd., on the extension of Ariceum Therapeutics’ Series A financing to EUR 47.75 million, Seamless Therapeutics on a USD 12.5 million financing and in-licensing from TU Dresden; Allecra Therapeutics on an exclusive licence and supply agreement with ADVANZ PHARMA, MODAG on a strategic collaboration with Teva; Chord Therapeutics in its sale to Merck KGaA and EQT Life Sciences (formerly LSP) as lead investor in a EUR 20 million Series A equity financing of Innovative Molecules.

The post 02 December 2024 Baker McKenzie Advises ATB Therapeutics on EUR 54 million Series A Financing appeared first on Legal Desire Media and Insights.

]]>
A&O Shearman advises on Republic of Honduras’ USD700 million inaugural sustainable bond offering https://legaldesire.com/ao-shearman-advises-on-republic-of-honduras-usd700-million-inaugural-sustainable-bond-offering/ Tue, 03 Dec 2024 07:56:43 +0000 https://legaldesire.com/?p=85403 A&O Shearman advised the initial purchasers in connection with the Republic of Honduras’ first ever sustainable bond offering, a Rule 144A and Regulation S inaugural offering of USD700 million 8.625% Notes due 2034. The transaction marked the return of the Central American nation to global debt markets following a four-year hiatus. The Republic of Honduras […]

The post A&O Shearman advises on Republic of Honduras’ USD700 million inaugural sustainable bond offering appeared first on Legal Desire Media and Insights.

]]>
A&O Shearman advised the initial purchasers in connection with the Republic of Honduras’ first ever sustainable bond offering, a Rule 144A and Regulation S inaugural offering of USD700 million 8.625% Notes due 2034. The transaction marked the return of the Central American nation to global debt markets following a four-year hiatus.

The Republic of Honduras intends to allocate an amount representing between 3% to 9% of the net proceeds of the issuance to eligible green expenditures and a range between 91% to 97% of the net proceeds of the issuance to eligible social expenditures under its Green, Social and Sustainable Bond Framework.

A&O Shearman continues to be at the forefront of the growth in the sustainable bonds market. Earlier this year, we advised the initial purchaser and sustainability structuring agent in connection with the Republic of Guatemala’s inaugural offering of sustainable notes, the initial purchasers in connection with COFIDE’s inaugural offering of social notes, ENGIE Chile in connection with its green senior notes, the Republic of Chile in connection with several offerings of thematic bonds, and the underwriters in connection with the Republic of Peru’s offering of and exchange offer for thematic bonds.

The A&O Shearman team was led by capital markets partner Alejandro Gordano, and included tax partner Lorenz Haselberger, international arbitration Patrick Pearsall, capital markets associate Gonzalo Robles, and visiting attorneys Moises Gonzalez, Regina Odar and Delfina Meccia, and tax associate Daniel Kachmar.

The post A&O Shearman advises on Republic of Honduras’ USD700 million inaugural sustainable bond offering appeared first on Legal Desire Media and Insights.

]]>
Atenor advised by A&O Shearman on PwC Luxembourg headquarters in Cloche d’Or https://legaldesire.com/atenor-advised-by-ao-shearman-on-pwc-luxembourg-headquarters-in-cloche-dor/ Tue, 03 Dec 2024 07:55:56 +0000 https://legaldesire.com/?p=85401 We have advised Atenor on a EUR213million green loan financing for an iconic development in Luxembourg’s Cloche d’Or district. The future headquarters of PwC Luxembourg, a sustainable 34,500m² campus, reflect a strong commitment to driving environmentally responsible investments. The financing was secured through a syndicate of lenders, including Banque Internationale à Luxembourg (BIL Corporate Finance), […]

The post Atenor advised by A&O Shearman on PwC Luxembourg headquarters in Cloche d’Or appeared first on Legal Desire Media and Insights.

]]>
We have advised Atenor on a EUR213million green loan financing for an iconic development in Luxembourg’s Cloche d’Or district. The future headquarters of PwC Luxembourg, a sustainable 34,500m² campus, reflect a strong commitment to driving environmentally responsible investments.

The financing was secured through a syndicate of lenders, including Banque Internationale à Luxembourg (BIL Corporate Finance), Caisse d’Épargne et de Prévoyance Hauts de France, Belfius Banque SA/NV, Banque et Caisse d’Épargne de l’État, Luxembourg, and KBC Bank N.V/S.A.

Andreas Hommel, lead partner, comments: “This project is not only a significant development in Luxembourg’s capital, but also sends a powerful message about the importance of sustainable and environmentally responsible investments. We are delighted to have played a role in this transaction and would like to thank our client for their trust and collaboration.”

The cross-border team was led from Luxembourg by real estate finance partner Andreas Hommel, counsel Sandy Mammola-Fémelat and associate Philippe Storck, in collaboration with the A&O Shearman team in Belgium, including partner Filip Tanghe, counsel Julie Vander Donckt as well as associates Polina Vorobyova and Pierre Thuysbaert. Real estate and corporate law support were provided by real estate and corporate counsels Philippe Eicher and Pol Theisen. Tax advice was provided by tax partner Franz Kerger as well as associates Benjamin Dahan and Catherine Elvinger.

The post Atenor advised by A&O Shearman on PwC Luxembourg headquarters in Cloche d’Or appeared first on Legal Desire Media and Insights.

]]>
DLA Piper advises Merlin Entertainments on global Mojang partnership for immersive Minecraft attractions https://legaldesire.com/dla-piper-advises-merlin-entertainments-on-global-mojang-partnership-for-immersive-minecraft-attractions/ Tue, 03 Dec 2024 07:55:02 +0000 https://legaldesire.com/?p=85399 Global law firm DLA Piper has advised Merlin Entertainments (Merlin), a world leader in branded entertainment destinations, on its strategic international “Adventures Made Real” partnership with Mojang Studios. The partnership will see Mojang Studios’ popular Minecraft franchise brought to life through permanent real-life themed experiences. The multi-format, multi-territory agreement will see Merlin invest in excess […]

The post DLA Piper advises Merlin Entertainments on global Mojang partnership for immersive Minecraft attractions appeared first on Legal Desire Media and Insights.

]]>
Global law firm DLA Piper has advised Merlin Entertainments (Merlin), a world leader in branded entertainment destinations, on its strategic international “Adventures Made Real” partnership with Mojang Studios. The partnership will see Mojang Studios’ popular Minecraft franchise brought to life through permanent real-life themed experiences.

The multi-format, multi-territory agreement will see Merlin invest in excess of GBP85 million into the first two attractions, launching in the US and the UK between 2026 and 2027. In the longer-term, Merlin plans to expand the experiences to other global destinations. Merlin’s first global partnership with a gaming brand, the deal marks the latest milestone in the group’s strategy to work with leading IP and brands across its estate.

DLA Piper partner Duncan Calow and senior associate Ally Clark, of the firm’s Media, Sports and Entertainment group, advised Merlin on Intellectual Property and Media considerations.

The Merlin in-house team was led by: Jonathan Lewis, Global IP Director; Christine Dure-Smith, Senior Contracts Director; and Natahsa Breeze, Legal Director.

Duncan Calow comments: “Congratulations to our clients Merlin on this exciting project and milestone, as they bring gaming into their long list of successful collaborations with brands for the first time. The huge and continued success of the Minecraft franchise is well documented, and to see that IP continue to expand into new and creative avenues will be an exciting venture for both parties.”

The post DLA Piper advises Merlin Entertainments on global Mojang partnership for immersive Minecraft attractions appeared first on Legal Desire Media and Insights.

]]>
DLA Piper advises Fimubac in MX$2 billion securitization https://legaldesire.com/dla-piper-advises-fimubac-in-mx2-billion-securitization/ Tue, 03 Dec 2024 07:54:27 +0000 https://legaldesire.com/?p=85397 DLA Piper advised Fimubac, S.A. de C.V., SOFOM, ENR, a non-regulated multiple purpose financial company providing credit, financial leasing and financial factoring, in raising MX$2 billion two billion pesos with the issuance of a long-term bond on the Institutional Stock Exchange. The securitization was implemented through a public offering of trust certificates issued by a special […]

The post DLA Piper advises Fimubac in MX$2 billion securitization appeared first on Legal Desire Media and Insights.

]]>
DLA Piper advised Fimubac, S.A. de C.V., SOFOM, ENR, a non-regulated multiple purpose financial company providing credit, financial leasing and financial factoring, in raising MX$2 billion two billion pesos with the issuance of a long-term bond on the Institutional Stock Exchange. The securitization was implemented through a public offering of trust certificates issued by a special purpose vehicle trust and placed in the Bolsa Institucional de Valores (BIVA).

The DLA Piper team was led by partner Álvaro Sarmiento and included associate Iker Gonzalez Luna (both in Mexico City). DLA Piper in Latin America’s team offers full-service business legal counsel to domestic and multinational companies with interests in and operations throughout the region.  Our integrated approach to serving clients combines local knowledge with the resources of the DLA Piper global platform.  With more than 400 lawyers practicing throughout Argentina, Brazil, Chile, Mexico, Peru, and Puerto Rico, in addition to our US-based cross-border attorneys, our teams serve clients throughout the LatAm region, Iberian Peninsula, and around the globe.  DLA Piper’s global platform of 90+ offices in more than 40 countries enables us to meet our clients’ legal and business needs, whether they are based in Latin America or wish to do business there.

The post DLA Piper advises Fimubac in MX$2 billion securitization appeared first on Legal Desire Media and Insights.

]]>
Dentons Hong Kong advised SDICS International Asset Management on the formation of Public OFC fund with target fund-raising size up to million under GBA Cross-boundary Wealth Management Connect https://legaldesire.com/dentons-hong-kong-advised-sdics-international-asset-management-on-the-formation-of-public-ofc-fund-with-target-fund-raising-size-up-to-million-under-gba-cross-boundary-wealth-management-connect/ Tue, 03 Dec 2024 07:53:43 +0000 https://legaldesire.com/?p=85395 Launched in September 2021, the Cross-boundary Wealth Management Connect Scheme in the Greater Bay Area (Cross-boundary WMC) is one of the key initiatives under the mutual market access schemes between the capital markets of Hong Kong, Macao and the Mainland and allows eligible Mainland, Hong Kong and Macao residents in the Greater Bay Area to […]

The post Dentons Hong Kong advised SDICS International Asset Management on the formation of Public OFC fund with target fund-raising size up to million under GBA Cross-boundary Wealth Management Connect appeared first on Legal Desire Media and Insights.

]]>
Launched in September 2021, the Cross-boundary Wealth Management Connect Scheme in the Greater Bay Area (Cross-boundary WMC) is one of the key initiatives under the mutual market access schemes between the capital markets of Hong Kong, Macao and the Mainland and allows eligible Mainland, Hong Kong and Macao residents in the Greater Bay Area to invest in wealth management products distributed by financial institutions in each other’s market through a closed-loop funds flow channel established between their respective systems. In January 2024, enhancement measures for the Cross-boundary WMC were announced to refine the eligibility criteria of Mainland investors, expand the scope of participating institutions to include eligible securities firms, expand the scope of eligible products, increase the individual investor quota and further enhance the promotion and sales arrangements, after which the Cross-boundary WMC now officially enters the 2.0 era (Cross-boundary WMC 2.0). On 1 November 2024, a qualified participant list was released (2024 List), setting out the first batch new market entrant, since then substantial securities firms in Hong Kong are rushing to launch the 1st market product under the Cross-boundary WMC 2.0. According to the 2024 List, SDICS International Asset Management (Hong Kong) Limited in Hong Kong (SDICS International) and SDIC Securities Co., Ltd. in mainland China (SDIC Securities) are among the first batch obtaining approval for Cross-boundary WMC 2.0, respectively from the Securities and Futures Commission in Hong Kong (SFC) and the authorities in mainland China.

We have advised SDICS International as the fund manager on its public fund product under this Cross-boundary WMC 2.0, particularly the formation of SDICSI (Hong Kong) Open-ended Fund Company, a Hong Kong public open-ended fund company, along with its initial sub-fund, SDICSI USD Money Market Fund (Fund). We have led the deal and assisted our clients in answering multiple rounds of enquires with SFC regarding this new product, after which the Fund was conditionally registered and authorized by the SFC on 17 October 2024 and is launched on 2 December 2024 and will be recognized under the Cross-boundary WMC 2.0.

SDICS International is a group affiliate of SDIC Securities and is licensed under the SFC to provide various financial services, including asset management services. Established in August 2006, SDIC Securities is a fully licensed comprehensive securities firm, ranking among the best in China. Headquartered in Shenzhen, it has 50 branches in Beijing, Shanghai, Guangzhou, Shantou, Foshan and others, along with 310 securities sales offices in 29 provincial-level administrative regions. As of 31 December 2023, SDIC Securities had total assets of RMB254.844 billion and net assets of RMB49.484 billion. The dual qualification of SDICS International and SDIC Securities according to the 2024 List will support operation of Southbound Cross-boundary WMC of the Fund within the client’s own group.

The Dentons Hong Kong team, which advised on Hong Kong law in such Fund formation, was led by investment funds partner Charles Yim, along with managing associate Ivan Tsang, associates Kelvin Wong, Tracy Lei, trainee solicitor Sunny Liu, and legal assistants Yeung Man Fung, Alison Chan and Helen Hu.

The post Dentons Hong Kong advised SDICS International Asset Management on the formation of Public OFC fund with target fund-raising size up to million under GBA Cross-boundary Wealth Management Connect appeared first on Legal Desire Media and Insights.

]]>
Dentons advises CEC Bank on the update of its Medium-Term Note (MTN) Program followed by a €300 million Senior Non-Preferred Eligible Notes issuance https://legaldesire.com/dentons-advises-cec-bank-on-the-update-of-its-medium-term-note-mtn-program-followed-by-a-e300-million-senior-non-preferred-eligible-notes-issuance/ Tue, 03 Dec 2024 07:53:01 +0000 https://legaldesire.com/?p=85393 Global law firm Dentons has advised CEC Bank on the update of its existing MTN Program followed by the raising of €300 million through a new issue of Senior Non-Preferred Eligible Notes intended to qualify as MREL instruments. Erste Group Bank A.G. and ING Bank N.V. served as Joint Bookrunners and Co-Arrangers, and BT Capital […]

The post Dentons advises CEC Bank on the update of its Medium-Term Note (MTN) Program followed by a €300 million Senior Non-Preferred Eligible Notes issuance appeared first on Legal Desire Media and Insights.

]]>
Global law firm Dentons has advised CEC Bank on the update of its existing MTN Program followed by the raising of €300 million through a new issue of Senior Non-Preferred Eligible Notes intended to qualify as MREL instruments. Erste Group Bank A.G. and ING Bank N.V. served as Joint Bookrunners and Co-Arrangers, and BT Capital Partners acted as Co-Manager.

Dentons also advised CEC Bank on the establishment of its MTN Program in December 2022 whose limit has now been increased from with a total amount of €600 million to €1.5 billion, also offering drawdown options in RON, EUR, and USD.

Bucharest-based partner Loredana Chitu, Head of the Capital Markets practice in Romania, led the cross-border Dentons team advising the issuer, working closely with Frankfurt-based partner Oliver Dreher, Head of the Debt Capital Markets (DCM) practice in Germany, as well as associate Alin Roca and paralegal Bogdan Galatanu in Bucharest, and Philippa Münnich-Winter (Senior Associate), Nadja Reiß (Associate) and Sven Henneke (Project Manager Legal) in Frankfurt.

“As long-standing advisors to CEC Bank since their very first issuance, we are proud to be by their side throughout this remarkable journey in the international debt capital markets. We extend our heartfelt congratulations to the dedicated and talented CEC Bank team on this latest successful bond issuance, and we thank the joint bookrunners, managers, and their counsel for the collaboration on this significant achievement!,” said Loredana Chitu.

“This transaction demonstrates Dentons’ capability in navigating intricate cross-border capital markets matters, demonstrating the exceptional synergy of our multi-jurisdictional teams and their knowledge across key regions”, added Oliver Dreher.

The post Dentons advises CEC Bank on the update of its Medium-Term Note (MTN) Program followed by a €300 million Senior Non-Preferred Eligible Notes issuance appeared first on Legal Desire Media and Insights.

]]>
Dentons advised YIT on Joint Venture with RSJ Investments to develop Brno residential project https://legaldesire.com/dentons-advised-yit-on-joint-venture-with-rsj-investments-to-develop-brno-residential-project/ Tue, 03 Dec 2024 07:52:19 +0000 https://legaldesire.com/?p=85391 Global law firm Dentons advised YIT, a Finnish construction and development company, on the establishment of a joint venture with Czech investor group RSJ Investments based on a co-partnership model, with YIT and RSJ Investments each owning 50 percent. The joint venture’s goal is to develop a significant residential project in the Židenice area of […]

The post Dentons advised YIT on Joint Venture with RSJ Investments to develop Brno residential project appeared first on Legal Desire Media and Insights.

]]>
Global law firm Dentons advised YIT, a Finnish construction and development company, on the establishment of a joint venture with Czech investor group RSJ Investments based on a co-partnership model, with YIT and RSJ Investments each owning 50 percent.

The joint venture’s goal is to develop a significant residential project in the Židenice area of Brno, the Czech Republic’s second-largest city.

Dentons advised on the creation of the joint venture as well as on the acquisition of a land plot, on which a residential complex will be constructed in several stages. The project will feature more than 750 apartments as well as several commercial spaces. The construction should begin in June 2025 and the completion of the entire project is expected in mid-2031. The estimated market value of the apartments is over €200 million.

Partner Markéta Tvrdá led the team, which was composed of Associate Jan Sedlák and Junior Associate Kateřina Bugnerová.

Markéta Tvrdá commented: “Our team advised YIT on its previous partnerships with RSJ for several residential development projects in Prague, including Lappi Tornio and Vesi Hostivař. We are pleased to have assisted YIT in expanding beyond Prague to seize opportunities in residential and commercial real estate development in Brno and the region where the demand for quality housing is rapidly growing.”

The post Dentons advised YIT on Joint Venture with RSJ Investments to develop Brno residential project appeared first on Legal Desire Media and Insights.

]]>