Kinstellar to continue operation of Noerr’s CEE practice in 4 countries

04
Apr
2024
News - Kinstellar to continue operation of Noerr’s CEE practice in 4 countries #CEE #Kinstellar #law firm #M&A #Noerr

by Property Forum | Career

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


Noerr and Kinstellar have agreed to transfer these practices after the details of the integration are fully worked out. Several important operational and technical aspects, including investments in IT systems, and leasehold premises are being worked out and the deal will be completed after all necessary regulatory consents and internal approvals have been obtained.  

"The transfer of the Noerr business in Budapest, Bratislava, Bucharest and Prague to Kinstellar, and the full integration of the Noerr business in these markets into Kinstellar, will bring even higher quality and broader service to clients and significantly increased strength to Kinstellar. It will enhance the opportunities and career potential of the Kinstellar and Noerr teams in CEE. In particular, the significantly increased German language advisory capabilities and the deep connections with German and other continental European clients, coupled with the experience of the Noerr team in these markets, will perfectly complement and enhance Kinstellar’s existing strength in these markets and beyond," the announcement reads.

Noerr and Kinstellar will also cooperate on a non-exclusive basis to serve their clients across these jurisdictions following the closing of the transaction. 

Jason Mogg, Kinstellar Senior Partner at Kinstellar says: “This is an exciting chapter in Kinstellar’s journey. We will be welcoming the Noerr teams in Budapest, Bratislava, Bucharest and Prague and this enhances Kinstellar’s strength and capabilities and diversifies our expertise and clientele. Kinstellar and Noerr share similar values and culture which will make the integration very smooth. Both firms are highly regarded for their commitment, teamwork approach, strong work ethic and their excellent service to clients. We are confident that this project will benefit the Noerr team in these cities, all our people, and most importantly, our clients.’’




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  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

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  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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