Legal advice to IKEA Centres on the sale of a shopping park to the real estate fund Pradera

As a local advising partner, we have been involved in a cross-border transaction worth EUR 900 million, in which a total of 25 shopping parks in the surroundings of the IKEA stores in eight European countries were sold. IKEA Centres, which belongs to the IKEA Group, a global furniture giant, has used our advisory legal services in the sale of the shopping park located in Zličín, Prague. The real estate fund Pradera European Retail Parks SCSp has become the new owner of all shopping parks.

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