News & Awards
28th November 2025

Clifford Chance Prague Association advises Česká spořitelna in connection with financing of Hagibor Kappa

Clifford Chance Prague Association has advised Česká spořitelna, a major Czech bank, in connection with the financing of the latest residential phase of Crestyl’s Hagibor project – building Kappa. Our team provided comprehensive legal support throughout the transaction, covering both financing and due diligence aspects of the deal.

Hagibor Kappa is the fifth residential building in the Hagibor development. The project, set to be completed at the end of 2027, will feature over 250 residential units for sale, alongside retail space on the ground floor. Situated just a few steps from the Želivského metro station, the development benefits from outstanding connectivity and a prime urban location. The project continues Crestyl’s vision of creating vibrant, mixed-use neighbourhoods that blend city living with nature.

Crestyl is recognised as a market leader in the development of multipurpose residential, retail, and commercial properties. The company has been operating on the Czech real estate market for more than twenty years and is currently actively developing several sites all over the Czech Republic. Across all its projects, Crestyl focuses on high-quality architecture, refined design, and premium materials to create spaces that elevate everyday living for residents and visitors alike.

The Clifford Chance team was led by partner Milan Rákosník and managing partner Miloš Felgr, who were further supported by junior associates Ondřej Šteco, Dominik Čtvrtníček and Šimon Pavlas.

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