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Our acquisitions and real estate development team, led by David Urbanec and Václav Mánek, provided legal advisory to Sekyra Group in the creation of the legal framework for a joint venture development between Sekyra Group and Penta Real Estate. The joint venture concerns the construction of residential and commercial premises within one of the phases of the northern part of the unique Smíchov City project — currently the largest construction project in the history of modern Prague, which is set to fundamentally transform the city’s western riverside. Our assistance included structuring the project, drafting and negotiating transaction documentation, and ensuring a successful closing.