The land will become an important part of Niseko’s plans for further development, including potential real estate projects, and will also support the continued operation of the ski lifts and other infrastructure facilities at the resort. Niseko has previously stated that it does not intend to restrict skiing, but rather to encourage and develop it.
“This transaction represents an important step in the modernisation and revitalisation of Bedřichov and we are proud to have been involved in this successful deal,” said Michal Černý, Partner at VGD Corporate Finance. Our plan is to continue to provide strategic advisory services to ensure that similar projects in the future are successful.