JŠK has provided legal advice to Raiffeisenbank a.s. in connection with the refinancing of three fully leased office buildings in Prague owned by the CIMEX Group. The transaction covered Vyšehrad Garden and Vista House in the Pankrác business district, as well as Garden Eleven at Kubánské náměstí.

Vyšehrad Garden comprises 3,900 m² of office space, while Vista House offers 7,500 m² across five floors of modern, flexible offices in one of Prague’s most sought-after business locations. Garden Eleven adds nearly 10,000 m² of office space to the refinanced portfolio.

The CIMEX Groupis one of the largest private real estate investors in the Czech Republic. Its portfolio includes hotels, office buildings, and residential developments, among them the country’s largest hotel chain, OREA Hotels & Resorts with 20 hotels, 13 office buildings, several residential properties, and the historic St. Gabriel Monastery. The refinancing will further strengthen the long-term stability of CIMEX’s portfolio and support the continued growth of its Prague office projects.

Raiffeisenbank a.s., a leading Czech bank and a member of the European banking group Raiffeisen Bank International, is among the fastest-growing financial institutions in the country. With a long-standing tradition, innovative solutions, and a client-focused approach, it delivers first-class banking and investment services to individuals and businesses alike.

The legal team advising Raiffeisenbank was led by partners Daniel Pospíšil and Roman Šťastný, with the support of associate Filip Vraspír. “More than 20,000 m² of office space, hundreds of lease agreements, the trust our client placed in us, and the constructive cooperation of the counterparty – all of these elements were key to the successful closing of this transaction, which we are proud to have supported,” commented partner Daniel Pospíšil.

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