Acquisition of development project in Prague 1.

6. 3. 2018

In August 2016, INVICTA together with its client, an eminent Czech developer, started negotiations with respect on purchase of development project in the city center of Prague 1. After more than a year and half, we are very pleased to announce that this demanding transaction worth more than EUR 4 million was successfully finished and our client is now the owner of company entitled to build a significant residential project. Legal advice in this matter involved not only drafting of the acquisition documentations but also complex legal services concerning dealing with the competent public authorities and all other parties to administrative proceedings.