Heimstaden, the third largest provider of rental housing in Europe and the market leader in rental housing in the Czech Republic, is expanding its investment team with Michal Hink. He comes from the international law firm Dentons and in Heimstaden he will act as Head of Legal for all investment activities across Europe. The Heimstaden investment team thus acquired one of the leading Czech experts in legal advice on the purchase and sale of real estate with twenty years of experience.
Heimstaden now owns approximately 114,000 apartments in 7 European countries and is constantly expanding its portfolio. This is also confirmed by successfully completed transactions managed from Prague. “In the last six months, we have managed to buy 4,000 apartments in Berlin, two projects for the construction of almost one and a half thousand rental apartments in Warsaw, and in March we announced the acquisition of 230 apartments in Pilsen. We want to continue in this direction. Within 5 years, we would like to buy another 5,000 newly built apartments in Central Europe, and now we are looking for suitable opportunities for investment and construction, mainly in regional cities and Prague. Of course, we are interested in all markets in the region, including those where we are not yet. Michal Hink has been at the forefront of legal advice in complex real estate transactions for many years. And we are very happy that he decided to join us. He will cover legal advice in Heimstaden in Central Europe, Germany and Scandinavia, as well as in other markets where we are and will be active. We want to build a larger legal team around it, which would be in charge of our future acquisitions across Europe, ”says Stanislav Kubáček, head of the Heimstaden acquisition team for Germany and Central and Eastern Europe.
“Heimstaden and Dentons already have a common history and both companies know each other from previous transactions not only in the Czech Republic, but in the entire region of Central Europe. Heimstaden has huge potential and investment appetite, moreover, in the market segment that is currently experiencing a big boom and will undoubtedly continue to rise in the coming years.
I am honored to be able to contribute to Heimstaden’s current success through the newly built internal legal team and help it expand into other European countries, ”says Michal Hink.
Until now, Michal Hink has been the lead partner of Dentons for the Czech Republic and the co-leader of the working group for real estate law. In his practice, he focuses mainly on real estate law and related issues of financing and commercial law. Since 2009, he has been regularly listed in the prestigious Chambers Europe ranking as one of the leading lawyers in the field of real estate law in the Czech Republic.
Michal Hink has 20 years of experience in advising on large-scale real estate acquisitions and sales and development projects in the Czech Republic, Slovakia and other Central and Eastern European countries worth a total of several billion euros. During his career so far, he has advised clients from institutional investors in a wide range of legal services, ie from the purchase of real estate, their development, leases and asset management to the issues of the subsequent sale of projects. Michal Hink has extensive experience in consulting not only in the segment of residential projects, but also in logistics and industrial real estate, office buildings and shopping centers.
