The international law firm Salans advised ORCO Property Group on the sale by its subsidiary of the Radio Free Europe/Hagibor Office Building in Prague to a subsidiary of the L88 Companies (www.l88llc.com), an American owned business. The transaction value was approximately USD 94 million.
The Salans team advising ORCO Property Group was led by Stewart M. Middleman, Head of Cross-Border Transactions for Salans’ Global Real Estate Group. He was supported by a team of 5 GREG cross-border property lawyers.
Evan Z. Lazar, Co-Chairman of Salans’ Global Real Estate Group commented: “We are pleased to again assist our long-term client, ORCO, with closing successful transactions.”
