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CMS and White & Case Advise on Giant Czech Logistics Sale

CMS and White & Case Advise on Giant Czech Logistics Sale

Czech Republic
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CMS has advised Deka Immobilien GmbH on its EUR 460 million acquisition of a Czech logistics portfolio from the CTP Group.

The portfolio includes 36 modern buildings with a total leasable area of approximately 430,000 square meters. The CTPark Prague North properties are in a conventional logistics location, while the CTPark Teplice and CTPark Plzen industrial parks contain a mix of logistics and light industrial properties. The properties will be added to different funds, with CTPark Prague North added to the open-ended Deka-ImmobilienEuropa fund, CTPark Teplice added to the WestInvest TargetSelect Logistics sector fund aimed at institutional investors, and CTPark Plzen forming the starting portfolio for the new institutional fund Deka Immobilien Fokus Logistik Tschechien.

The CMS team advising Deka included Partners Lukas Hejduk and Libor Prokes, Senior Associate Pavel Srb, Associates Jaroslav Lepka,Tereza Maternova, Michal Samek, Magda Nemcova, Petr Koral, and Ivana Lobotkova, Lawyers Lucie Zanaskova, Chmielova Lenka, Marketa Skvorova, Lukas Reichmann, Pavel Kocian, and Barbora Sevcikova, and Paralegals Andrea Haushalterova, Huyen Vuova and Frantisek Fiala.

The White & Case team advising CTP consisted of Partner Petr Panek, Local Partner Vaclav Kubr, and Associates Karel Petrzela and Marianna Galusova

Czech Republic Knowledge Partner

JŠK, advokátní kancelář, s.r.o. (JŠK) is a medium-sized law firm based in Prague providing a comprehensive range of commercial legal advisory services in the Czech Republic. Our team consists of almost 30 lawyers, five of whom are partners with many years of experience from leading international law firms. We advise local and international clients from banking, insurance and various industry sectors, boast a respected projects practice, and work for the public sector at the federal and municipal level.

Ever since it was founded in 2004, JŠK has striven for the epitome of professionalism, expertise and ethical integrity. We continuously seek to surpass what large global law firms can offer and to give our clients a personal approach. All mandates are equally important to us regardless of size as we guide clients through both complex and seemingly routine matters.

Our clients turn to us for advice when implementing their business plans across all areas of commercial law. We are proud members of PONTES: the CEE lawyers, a unique network of law firms through which we provide services not only in the Czech Republic but also in Austria, Bulgaria, Hungary, Poland, Romania and Slovakia.

Firm's website: http://www.jsk.cz

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