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Kinstellar has successfully advised Zhejiang Huajie Investment Development Group on the leasing of 25,000 m2 of logistics space at the Panattoni Park Prague Airport II near Pavlov in the Czech Republic. The deal has been reported as one of the biggest leasing transactions in the Czech Republic so far this year.
The park is being developed by Panattoni for a Logistics fund managed by AEW. The area is close to the Prague Airport and directly adjacent to the D6 motorway. Huajie plans to set up a logistics hub for online retailers both from China and Central and Eastern Europe at its new location.
The Kinstellar team was led by Klára Štěpánková (Partner and head of the firm-wide real estate sector) and also included Rita Ran Pang and Martin Holub (both Associates).
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