Kocian Solc Balastik Advises the Largest Czech Real Estate Agency M&M reality in the Sale of 50% of its Shares
October, 2022 - Prague, Czech Republic
KSB Advises the Largest Czech Real Estate Agency M&M reality in the Sale of 50% of its Shares
KSB's team (Dagmar Dubecká, Jakub Porod, Karolina Vosátková, Jan Černohouz and Simona Hornochová) provided legal and tax advice on the sale of a 50% stake in M&M reality holding a.s. The buyer is real estate group EHS, which has under its wings, among others, the Bezrealitky.cz platform, real estate agency Maxima Reality, and the Czech Real Estate Trust.
Both real estate companies intend to expand abroad (next year to Germany and Austria) under the new brand M&M Real Estate Europe. They plan to invest over CZK 3 billion in developing their business in the coming years.
Our advice consisted mainly in preparing and negotiating the transaction documentation, tax structuring, and assistance in competition law, as the transaction was subject to the Czech Competition Authority’s approval.
