Real Estate

Real Estate in the Czech Republic

The pandemic has transformed the Czech real estate market. While the residential and logistics real estate markets strengthened, the retail, tourism, and hotel sectors are among the worst affected. However, interest in investing in real estate has not waned as, in uncertain times, the purchase of real estate represents a safe place to park one’s funds and watch them appreciate. There has been no significant decline in property prices, even in the case of commercial real estate, as some investors had anticipated. The Czech market still lacks enough quality investment opportunities. The clear winner of this situation is the logistics segment. Our Prague office assisted in several transactions in the logistics segment, the largest being the purchase of 130 hectares of land intended for warehouse development, at one of the exits of the western D5 motorway. According to some real estate players, we can also expect increased interest in the industrial segment soon, including sale & leaseback transactions.

The Czech Logistics Sector – Strong Growth in the Face of Adversity

CEE Legal Matters has been reporting on an increased number of deals in the Czech Republic’s logistics sector. We reached out to several Czech real estate lawyers to discuss both the drivers behind the spike in work in the sector and the challenges it faces in the country.

Martin Mendel Appointed Co-Head of Dentons Real Estate Practice in Bratislava

Dentons Managing Counsel Martin Mendel has been appointed Co-Head of the firm’s Real Estate practice in Slovakia. He will lead the real estate team together with Partner Jiri Strzinek.

Jolanta Nowakowska-Zimoch Becomes New Managing Partner of Greenberg Traurig in Poland

Jolanta Nowakowska-Zimoch has been named the new Managing Partner of Greenberg Traurig's Warsaw office. She will be supported by two new Deputy Managing Partners, Rafal Baranowski and Radomil Charzynski.

Environmental, Social and Governance (ESG) - Real Estate & M&A Impacts

What is ESG? ESG refers to the three key factors (environmental, social and governance) when measuring the sustainability and ethical impact of an investment in a business or company and it is commonly used in capital markets and commonly used by investors to evaluate the behavior of the companies, as well as determining their future financial performance.

The Somewhat Surprising Side Effects of the Coronavirus Pandemic in Bulgaria

A year ago, Bulgaria took its first steps into a new world after several months of almost total lockdown following the outbreak of the COVID-19 pandemic.

Turkish Constitutional Court Ruled that Prolonged Preliminary Injunction Violates Right to Property

On April 13, 2021, Turkish Constitutional Court [the “Court”] ruled that the applicant's right to property is violated because his assets have been restricted by a preliminary injunction for 15 years. The judgement emphasized that for a preliminary injunction restricting right to property to be deemed proportionate, proportionality should be established in terms of both the scope and the duration of the injunction.