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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

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.

Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).

Firm's website: www.prkpartners.com

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