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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Czech Republic > Real estate and construction > Law firm and leading lawyer rankings

Editorial

Index of tables

  1. Real estate and construction
  2. Hall of Fame
  3. Leading individuals
  4. Next generation lawyers

Hall of Fame

  1. 1

Leading individuals

  1. 1

Next generation lawyers

  1. 1

Who Represents Who

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CMS handles high-profile real estate and construction transactions, as well as asset management and leasing matters. The team advised Deka Immobilien on the €360m acquisition of The Park, an office complex in Prague, and acted for Pradera on the Czech and Polish aspects of its €900m acquisition of 25 retail parks in eight European countries from Ikea. Senior associate Lucie Smrkovská heads the leasing team; head of real estate and construction Lukáš Hejduk ‘provides top-notch service by combining a very good balance of legal, negotiation and interpersonal skills’. Lukáš Janíček, who heads the projects and construction team, is also recommended. The department’s already ‘deep bench’ was further bolstered by the arrival of counsel Libor Prokeš and senior associate Pavel Srb from Wolf Theiss in 2017.

Clifford Chance’s ‘very talented, business-orientated’ team provides ‘accurate and prompt responses’ on notable real estate transactions. It advised CBRE Global Investors

on the €650m sale of its retail portfolio in the CEE region to CPI Property Group, and is also advising CBRE Global Investors Germany on the €230m acquisition and refinancing of shopping centre OC Letňany. Emil Holub has ‘wide-ranging expertise’, and Miloš Felgr is noted for real estate finance.

Dentons handles acquisitions, disposals, financings, asset management, environmental law and property litigation. The team advised CPI Property Group on its acquisition and refinancing of a portfolio of 11 retail properties from CBRE Global Investors, including six major shopping centres in the Czech Republic, Hungary, Poland and Romania. The team also advised Starwood Capital Group on its sale of The Park, an office complex in Prague, to Deka Immobilien. Jiří Stržínek and Michal Hink jointly head the team in Prague. Head of CEE real estate Stewart Middleman, co-chair of the global real estate group Evan Lazar and counsel Markéta Tvrdá are also recommended.

Kinstellarunderstands client needs’, and is regularly engaged on complex real estate transactions. Headline work included advising M7 Real Estate on the acquisition of a portfolio of 11 logistic warehouses, and advising Deutsche EuroShop on its €374m acquisition of Olympia Shopping Centre in Brno. It also advised GIC on its €2.4bn acquisition of European logistics property company P3 Logistic Parks. Klára Štěpánková heads the real estate team, Kamil Blažek heads the infrastructure and projects group and Jan Juroška is ‘agreat negotiator’.

White & Case (Europe) LLP is ‘strong’ in real estate deals and financing matters, and advised P3 Logistic Parks and TPG Real Estate on the €2.4bn sale of P3 Logistic Parks to GIC. It also advised Red Group on the sale of two industrial projects to a group of Czech private investors led by Accolade. LaSalle Investment Management, M7 Real Estate and York Capital Management are also key clients. The ‘unflappable’ Václav Kubr ‘makes the deals happen’ and pays ‘superb attention to detail’; Ladislav Chundela is also recommended. The ‘brilliant’ Petr Pánek heads the team.

Wilsons handles a range of high-profile real estate instructions. It advised Tesco on the €230m sale of its Letňany shopping centre in Prague, acted for Caerus Investment Management (UK) on its €30m purchase of phase III of the Futurama Business Park building, and assisted CEE Property Development Portfolio 2 with its €20m sale of Gallery Myšák in Prague to Koh-i-noor. Bryan Wilson and Martin Bendik lead the team. Alan Španvirt is also recommended.

Allen & Overy’s ‘business-oriented’ team has ‘deep market knowledge’. Highlights included advising Cromwell Property Group on the €128m sale of a portfolio of industrial assets to M7 Real Estate, and assisting IAD Investments with its disposal of River Garden I, an office building in Prague. The team is jointly led by Prokop Verner and senior associate Magda Pokorná.

bpv Braun Partners s.r.o. advised Corpus Sireo on its purchase of the Oasis Florenc building in Prague through its Luxembourg investment fund Dereif Immobilien, and acted for Hornbach Baumarkt Group on the construction and launch of a new greenfield site in Prague. Jiří Bárta heads the team, which was bolstered by the arrival of Gabriela Porupková from Schoenherr Czech Republic.

Baker & McKenzie s.r.o., advokátní kancelář is praised for its ‘solution-orientated’ approach. Department head David Šimonek, who has ‘vast experience’, acted for CTP Group in a dispute concerning a supplemental building permit relating to the construction of a warehouse and industrial premises, and is also advising the client on a related civil dispute against the Municipality of Hradec Králové.

At PRK Partners, Roman Pečenka advised Cromwell Property Group on the construction and lease of a retail building in Prague. Gleeds Česká republika, Asental Land and Václav Havel Library are also clients. The ‘exceptional’ team of ‘great problem-solvers’ includes department head Daniel Rosický, who ‘maintains a good overview of projects’, the ‘professional’ Jakub Lichnovský, Václav Bílý and Jan Kohout.

Peterka & Partners has been advising Waystone on the development of an industrial park as a brownfield project; Skanska Reality and Skanska Property are also clients. Team head Ondrej Dusek and Pavla Kopečková Přikrylová are recommended.

Schoenherr Czech Republicconsiders not only the legal issues but the commercial ones’. It advised VIG Fund on its acquisition of two mixed-use buildings in Prague from Markland Holdings. The ‘proactive’ Martin Kubánek and the ‘goal-oriented’ Gabriela Porupková jointly lead the team.

Weil, Gotshal & Manges s.r.o. advokátní kancelář is noted for its expertise in construction and infrastructure projects, and also handles contentious construction cases. The team is representing the Road and Motorway Directorate of the Czech Republic in disputes concerning the quality and pricing of the D47 motorway. Karel Muzikar and Petr Severa head the team.

Weinhold Legal acts for Grandi Stazioni on a PPP project involving the regeneration of railway stations, including Prague’s main railway station, and is also advising the client on lease agreement claims. Pav Younis leads the team.

Achour & Partners advokátní kancelář, s.r.o. handles headline real estate mandates for public and private sector clients, and is advising Prague Public Transport, acting in a joint venture, on land acquisitions and the construction of buildings relating to the development of the D-line as part of Prague’s metro system. It is also advising the Municipality of Prague-Lysolaje on the sale of property for the development of a €52m housing project. Gabriel Achour heads the team. Tereza Fröhlichová joined bnt attorneys-at-law.

bnt attorneys-at-law regularly handles mid-size real estate deals, and advised Cimex Invest on the acquisition of a hotel in Prague from Austrian investors. Team head Tomáš Běhounek and Pavel Pravda are ‘responsive’. Tereza Fröhlichová recently joined from Achour & Partners advokátní kancelář, s.r.o..

DLA Piper Czech Republic LLP delivers ‘impressive, commercial client service’, and was instructed by Passerinvest Group on several acquisitions. The team also advised CCZ on its sale of a brownfield site in Žižkov to Central Group. Jakub Adam and Miroslav Dubovský head the practice.

Giese & Partner, s.r.o. is ‘strong’ in real estate financing mandates, and is particularly active in acting for German banking and financial institutions. Jitka Sytařová acted for the co-lenders, Landesbank Hessen-Thüringen and Deutsche Pfandbriefbank, on the €177m refinancing of an existing bank loan and on a new development financing of industrial park CTPark Bor. Martin Holler, Markéta Mrázová and Ernst Giese are also noted.

Havel & Partners s.r.o., attorneys at law advises Puma on lease agreements across CEE, and acted for Sekyra Group on the establishment of joint ventures for the development of real estate projects. Lukáš Syrový and Martin Fučík lead the team, and Josef Hlavička is also recommended.

rutland ježek, advokátní kancelář s.r.o. handles commercial real estate transactions and industrial development projects. Monika Rutland and Mojmír Ježek head the team. Michael Novák, who handles leasing issues, is also recommended.

At Squire Patton Boggs s.r.o., advokátní kancelář, team head Jeffrey McGehee led advice for Walton Street Capital on the sale of the BH Centrum complex in Prague to Aventicum Capital Management. Radek Janeček assisted Redstone Real Estate with the acquisition of Turimo, the sole owner of the Galleries Louvre building in Prague.

Z/C/H Legal is ‘experienced’ in retail and leasing transactions, and advised Raffeisen Impuls Leasing Austria on several projects. Intersport and Schachermayer are also clients. Radek Hladky and the ‘business-orientated’ Jiri Ctibor are recommended.

At Balcar, Polanský & Spol, team head Ludmila Neustupná advised Microsoft on sublease amendments, and assisted AVX Czech Republic with amending several construction agreements for a new industrial hall. Skanska Reality is also a key client.

Bird & Bird s.r.o. advokátní kancelář provides ‘excellent service’, and advises developers, construction companies, investors and funds that are active on real estate projects. Senior associate Daniela Opletalová heads the team.

Dvořák Hager & Partners’ ‘detailed knowledge of the real estate market’ is praised by clients. The team has been advising Asental Group on the reconstruction of a large non-residential building complex, and was instructed by Expandia Group on lease agreements and tenant negotiations. Stanislav Servus heads the team, which includes ‘excellent negotiator’ Lukáš Zahrádka.

With ‘extensive know-how’, Glatzová & Co., s.r.o. has been acting for Eltodo on the reconstruction, operation and sale of a five-star hotel, and advised Flow East Group on zoning and heritage proceedings relating to the development of an office building in Prague. Martin Dančišin heads the team.

Kocián Šolc Balaštík advised VGP on complex leasing arrangements in connection with the warehouse facilities in a logistic park in Jeneč to 4PX, and acted for YIT Stavoon on its acquisition of a residential project in Prague’s Košíře quarter. Jiří Horník, Václav Rovenský and Martin Krejčí are noted.

The ‘excellent’ team at Konecná & Zacha is noted for its transactional and real estate finance expertise. Radka Konečná heads the team, which welcomed Achim Jähnke from Dvořák Hager & Partners in 2017.

Randa Havel Legal is noted for its expertise in construction, energy, industrial and infrastructure projects, and advised Zdroj pitné vody Káraný on securing the exemption of a large number of properties from forest protection regulations. Martin Řanda heads the real estate group, and Jan Havel leads the construction team. Tomáš Rydvan has ‘a good sense of commerciality’.

Taylor Wessing Czech Republic handles commercial real estate transactions and construction projects, and advised Lamada on its acquisition of the assets of two Czech agriculture companies. Team head Erwin Hanslik and Markéta Cvrčková are noted.

At Wolf Theiss, Petr Syrovátko advised the Czech branch of H&M on various lease agreements relating to the expansion of its retail network in the Czech Republic. Jan Myška heads the team. Libor Prokeš and Pavel Srb joined CMS.

Ambruz & Dark Deloitte Legal s.r.o., advokátní kancelář handles real estate M&A, leases and relocations, as well as planning and construction-related projects, procedures, permits and disputes. Martin Bohuslav heads the team.

Badokh has been advising Yanfeng on the acquisition and development of real estate to expand its manufacturing capacity. ‘Deal-oriented’ senior associate Ondřej Hampl leads the team; Jakub Dostál is ‘a very good negotiator and communicator’.

CHSH Kalis & Partners s.r.o. advised Värde Partners on the refinancing of a mortgage loan secured by hotel properties in Prague relating to the acquisition of a hotel chain. Pavel Široký leads the team.

Delta legal advised Investika investiční společnost on its acquisition of Pekařská Office Park from CTP Invest. Pavel Fára and Libor Vacek lead the team.

UEPA advokáti s.r.o. is praised for its ‘international background’, and advised Crestyl on the second phase of the Dock office park in Prague. KiK is also a key client. Andreas Ueltzhöffer and ‘first-rate’ senior counsel Petr Jakubec are recommended.

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Legal Developments in Czech Republic for Real estate and construction

  • Energy Performance Certificates

    Starting from 1 January 2013 the amendment to Act No. 406/2000 Coll., on Energy Management, as amended, has increased, to a significant extent, the obligations of developers, building owners, associations of housing unit owners and housing unit owners as well (i.e. owners of flats and non-residential premises) relating to the issue of so-called energy performance certificates. This instrument, which was first introduced in 2009 for new constructions or large scale reconstructions, should provide simple and transparent information about the energy consumption of a building by classifying it in a respective energy performance class, such asweknowit in the case of electrical appliances.
    - Alfery

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