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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

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

For more than 25 years PRK Partners has been providing top tier, comprehensive legal services in all areas of law – always at the highest professional level. The company’s offices in Prague, Ostrava and Bratislava, as well as its specialised teams of legal practitioners and tax advisors, allow PRK Partners to offer solutions to any kind of legal issues, providing an international point of view and in-depth knowledge of the respective local legal system.

The full-service law firm has worked on many of the region’s largest and most complex transactions. The firm puts emphasis on the highest standards of quality, efficiency and flexibility in its advisory services, which are tailored to the specific requirements of each client. 

Our team is composed of professionals with international education and experience. The firm frequently works on a non-exclusive basis with leading international law firms on large cross-border transactions.

PRK Partners is consistently recognised among the top law firms by leading international and domestic directories and ratings agencies and has been honoured with numerous awards: 

• National Law Firm of the Year 2016 by the Chambers Europe Awards, the most prestigious international law firm competition. This is the fifth award PRK Partners has received since the awards were first given; National Law Firm of the Year 2014, 2013 and 2010 and Law Firm of the Year 2012 for Best Client Service.

• 2018 Best Law Firm of the Year in the category of Banking &Finance and the absolute winner in the main category of the Domestic Law Firm of the Year awards organised by epravo.cz under the auspices of the Czech Bar Association three times since the award's inception (in 2016, 2013 and 2011).

• a finalist of the Central European Law Firm of the Year category in The Lawyer European Awards 2018. 

The firm has a strong commitment to corporate social responsibility and pro bono work.

PRK Partners is the exclusive member firm in the Czech Republic for Lex Mundi, the world’s leading network of independent law firms, with in-depth experience in 100+ countries worldwide. In addition, the firm is a member of Celia Alliance, AFI (Association for Foreign Investment) and CVCA (the Czech Private Equity and Venture Capital Association).

Firm's website: www.prkpartners.com

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