ARTICLES LABELLED WITH TAG Kinstellar

TSH Investment, a joint venture between Bulgarian investment companies Trinity Capital AD and Hus Invest EAD, has purchased shopping mall Park Center Sofia  from Revetas Group, for an undisclosed sum.

Revetas Group has announced the sale of Park Center Sofia shopping center to TSH Investment, a joint venture between Trinity Capital AD and HUS Invest AD, for an undisclosed sum. 

Law firm Kinstellar has advised Globalworth on the sale of a logistics portfolio in Romania to WDP, in one of the biggest industrial transactions completed in Romania in the year to date.

Law firm Kinstellar has advised Globalworth on the sale of a part of its logistics portfolio to CTP. The deal was signed in March 2024 and the closing was recorded in the next month.

Kinstellar has advised the hospitality division of the House of Julius Meinl on the completion of the purchase of the Hotel Ambasador, one of the most famous hotels in Bucharest. Operating continuously since 1937, it is an iconic landmark in the city. 

Noerr and Kinstellar have announced that Noerr’s practices in Budapest, Bratislava, Bucharest and Prague are to be transferred to Kinstellar.

Victor Constantinescu, Managing Partner of Kinstellar Bucharest, talked to Property Forum about this year’s environment for property investments in CEE and Romania’s emerging profile as a hub in the region which will generate more development across the economy, including the property and clean energy sectors.

There is increased demand for all categories of property assets in Romania, with office and industrial set to continue their growth streak this year. Property Forum talked to Victor Constantinescu, Managing Partner of Kinstellar’s Bucharest office and Co-Head of the firm-wide Real Estate practice, about the impact of the pandemic on Romania’s real estate market and how the country’s property investment potential can be harnessed in the next years.

The PRS market in the CEE region gathers pace and interest from investors but the majority of activity is currently centred around the Czech Republic and Poland. However, there is a larger number of PRS/BTR projects being announced in the pipeline for delivery over the next few years across the entire region. Colliers, in cooperation with Kinstellar and Greenberg Traurig, publishes a report entitled 'The Private Rental Sector: Has it found a home in CEE?'

Romania has one of the smallest private rental sectors (PRS) in Central and Eastern Europe (CEE), and the domestic market counts a little over 1,000 residential units in construction or planned, according to a report by Colliers in collaboration with Greenberg Traurig and Kinstellar.