Firms To Watch: Real estate and construction

Noerr s.r.o. has a full-service real estate practice, with Bořivoj Líbal‘s team offering a distinct focus on real estate transactions in the retail, automotive and manufacturing sectors.

Real estate and construction in Czech Republic

Clifford Chance

Clifford Chance is widely-hailed by clients as ‘market leaders in the Czech Republic for real estate.’ The firm's first-rate reputation derives from the expertise of its transactional team in significant domestic and cross-border real estate transactions. It has a strong track record in acquisitions and divestments in a number of sectors, including retail, offices and residential. Emil Holub and Miloš Felgr co-head the team, with Holub being noted for his M&A expertise and Felgr acting on real estate financings. Also recommended are Aneta Disman and Milan Rákosník.

Practice head(s):

Emil Holub; Miloš Felgr

Other key lawyers:

Aneta Disman; Milan Rákosník

Testimonials

‘Diversified team with a palette of skills.’

‘Client-oriented team members with an exceptional “chemistry”, which fits our company environment.’

‘Group of excellent professionals with the best real estate knowledge in the market.’

‘Market leaders in the Czech Republic for real estate. Main area linked to investment sales and acquisitions. Strong leadership involvement in transactions and a diverse and collaborative team.’

‘Emil Holub is recognised as the leading real estate lawyer in the Czech Republic, supported by a strong and diverse senior team.’

‘Knowledge of the subject, team empathy, always within the deadline, perfect value for the money, market standard overview (creating its own market standard).’

‘Aneta Disman – a very intelligent and diligent person having deep knowledge of the subject and extraordinary clients’ care.’

Key clients

Allianz Real Estate Germany GmbH

Atrium European Real Estate

bpd partners

CA Immo

CBRE Global Investors

Corporate Finance House Group

Crestyl

Cromwell Real Estate and Cromwell EREIT

CTP

Dubai World

Erste Group

Europa Capital

Generali Real Estate

Goldman Sachs

GLP

Heimstaden Bostad AB

J&T Real Estate

Kirkbi A/S

Unibail-Rodamco

White Star Real Estate

Work highlights

  • Advising Heimstaden Bostad AB on the acquisition of the RESIDOMO residential portfolio of over 42,000 units.
  • Advising Corporate Finance House Group on acquisition of over CZK 4bn of Churchill Square office from Penta Real Estate.
  • Advising Generali Real Estate on the acquisition of Kotva Department Store in Prague city centre.

CMS

CMS’ sizeable real estate team advises both developers and investors alike on their most complex and significant transactions. In addition to handling major Czech deals, the team is also highlighted for its cross-border expertise, with it acting on many of the largest acquisitions and disposals in the CEE region. It also advises investors on their entrance into the marketplace, as well as advising corporate clients on their leases. Lukáš Hejduk is known for his advice on matters with a nexus to the hospitality sector. He co-heads the practice with Libor Prokéš, who offers construction advice. Also recommended are Michal Samek, Ivana Lobotková and Lucie Smrkovská.

Practice head(s):

Lukáš Hejduk; Libor Prokeš

Testimonials

‘Professional people offering professional legal services in a timely manner and at a reasonable cost.’

‘The people at CMS I have worked with are experts in their field and very professional. Unlike most in the industry, the individuals are good personalities and pleasant to work with.’

‘Professional and pragmatic.’

‘Libor Prokeš, Ivana Lobotková and Michal Samek are all very well versed in the deals they run. They know what they are doing and their client service is at a high level.’

Key clients

VGP European Logistics

Deka Immoblien

Kaupthing

Prologis

Allianz Real Estate

Bluehouse

Revetas

TPG

GLP

Work highlights

  • Advised Kaupthing on the divestment of the biggest consolidated area for logistics/industrial development.

Dentons

The team at Dentons advises clients on a full range of real estate matters and is highlighted for its ‘unrivalled experience and breadth’. On the transactional side, it handles real estate investment transactions and financing matters for developers, investors and financial institutions. The group also assists with construction, asset management and environmental regulatory issues. The trio of Evan Lazar, Jiří Stržínek and Markéta Tvrdá co-head the team, with Lazar serving as co-chair of the global real estate group. Also recommended are ‘outstanding lawyer’ Jana Matisková and real estate finance expert Jan Šolc.

Other key lawyers:

Jana Matisková; Jan Šolc

Testimonials

‘Marketa Tvrda – strongly oriented and focused on customer needs, customer friendly open-minded approach, highly professional.’

‘Very independent in leading the transaction and understanding where they need inputs or key decisions from the client, which smooths the transaction and simplifies the agenda for a business person to stay focused on the commercial aspects of the transaction.’

‘Filip Spina: Responsiveness, efficiency, delivery on time. Finding reasonable solutions acceptable also by the opposite party.’

‘Unrivalled experience and breadth of the Dentons real estate team in the Czech / CEE market. London/global-style of client focus, solution-driven, quality of advice and research.’

‘Jan Solc is a standout individual. He is meticulously detailed, operates at pace, works hard to put the client first and is calm under pressure.’

‘Jana Matiskova – outstanding lawyer and key individual, fantastic work for us on administrative proceedings concerning real estate.’

‘The most competent team in the market. Resourceful with good commercial acumen.’

Key clients

Unibail–Rodamco-Westfield

Skanska

AFI Europe

Crestyl

Heimstaden

Zeitgeist Asset Management

Segro B.V.

Cornerstone

Valeo

Strabag

WIC Prague

Work highlights

  • Advised Unibail-Rodamco-Westfield on agreement to sell Slovakia’s third-largest shopping centre for €450m.
  • Advising Skanska on the sale of the Parkview office building in Prague to Deka Immobilien.
  • Advising AFI Europe on its acquisition of Avenir Business Park.

Kinstellar

Kinstellar‘s team has ‘an abundance of experience’ in the real estate arena. Although it mainly acts for clients on real estate transactions, other drivers of work include restructurings, financings, developments, litigation, leasing mandates and planning and environment issues. It generates mandates from major domestic and international companies on matters connected with hospitality, office, residential and logistics assets. Klára Štepánková leads the team, with clients noting that she brings ‘professionalism, charm, sensitivity to what is required and expertise in staffing exactly the right team for the task.’ Also key are Jan JuroškaMartin Holub and construction specialist Jan Lehký.

Practice head(s):

Klára Štěpánková

Testimonials

‘There is not a legal firm in the Czech Republic that I would consider apart from Kinstellar. Their legal advice is based on an abundance of experience, but also an intelligence that helps focus that experience into specific, pragmatic advice, as well as all-round assistance in actual implementation. They are also a pleasure to deal with at every level, and in 8 years we have never once felt that any person of any level at Kinstellar was a “weak link”, no matter how junior.’

‘Every person at Kinstellar that we have interacted with has been exceptional. We have however been fortunate to have been always looked after by Klara Stepankova as a partner in charge. She has consistently demonstrated professionalism, charm, sensitivity to what is required, and expertise in staffing exactly the right team for the task. Throughout any transaction or engagement, Klara has always been available for any enquiry and has overseen her team with utmost skill and attention, whilst maintaining exactly the right strategic overview to allow the right direction.’

‘We would like to mention Jan Juroska and Martin Holub. Jan for staying completely on top of a huge array of moving parts with a complex acquisition, to the point where it sometimes felt that Jan was leading the transaction for us as a client, but with full confidence from us that all was in perfect control – this feeling was always justified. Martin for also managing and maintaining an extremely impressive control over many moving parts of another transaction always knowing when to bring us in, perfectly translating both the content and the bigger picture.’

Key clients

GLP

Accolade Holding

Českomoravská nemovitostní, a.s.

First Retail Funds managed by Mitiska

AMUNDI Asset Management

PORTIVA and Micronix

7R

BMO Real Estate

Warburg HIH Invest

KKCG

Star Capital Finance

Work highlights

  • Advising GLP on its European expansion with €1bn Goodman CEE portfolio deal.
  • Advising Vinci and Meridiam on the D4 highway PPP project.
  • Advising Accolade Holding on their expansion in the Netherlands and Spain as well as on several Czech projects.

White & Case, s.r.o., advokátní kancelář

White & Case, s.r.o., advokátní kancelář is a strong choice for real estate advice, with its work covering investments, developments and finance transactions. It advised Landesbank Hessen-Thüringen Girozentrale on the acquisition financing of Prague’s Churchill Square office complex; this was the largest office real estate transaction in the Czech investment market in 2020. Elsewhere, the firm also acts for clients on capital markets deals. Petr Pánek, who is dual US and Czech law-qualified, leads the team. He advises on real estate transactions, as well as fund formation mandates. Václav Kubr is known for real estate acquisitions. Associate Marianna Galusová is another key individual.

Practice head(s):

Petr Pánek

Other key lawyers:

Václav Kubr; Marianna Galusová

Testimonials

‘Professional and agile approach.’

‘Proactive, dedicated, helpful.’

 

Key clients

Crestyl

Cromwell

CTP

ECE Projektmanagement

Generali Group

HB Reavis

Helaba

LaSalle

P3 Logistic Parks

Trigea

UniCredit Bank

Work highlights

  • Advised CTP B.V. as issuer on its initial public offering and listing of its shares on Euronext Amsterdam.
  • Advised HB Reavis on the sale of a unique development site for CZK 870m.
  • Advised Landesbank Hessen-Thüringen Girozentrale on the acquisition financing of Churchill Square office complex.

Allen & Overy

Allen & Overy‘s team is adept at handling the entire lifecycle of real estate assets for clients, with its ranging from construction to final sales. It has notable experience of indirect acquisitions, including the use of joint ventures and sophisticated structuring techniques for real estate purchases. Prokop Verner, Jana Vydrová and Petra Myšáková co-head the team, with Myšáková focusing on major financings, while Vydrová advises on M&A. Project finance expert Lucie Siva is another key individual, and counsel Ivan Telecký joined the team in 2022 from Deloitte Legal s.r.o., advokátní kancelář.

Practice head(s):

Prokop Verner; Jana Vydrová; Petra Myšáková

Other key lawyers:

Lucie Siva; Ivan Telecký

Testimonials

‘The team is very professional, knowledgeable, with strong management and negotiations skills.’

‘Good understanding of clients needs. Proactive approach.’

Key clients

Ball Beverage Packaging Czech Republic

GARBE Industrial Real Estate

Albert Česká republika, s.r.o.

Arab National Bank

Accolade Fund SICAV plc

Citigroup Global Markets Limited

J&T IB and Capital Markets, a.s. and J&T BANKA, a.s.

Crestyl real estate, s.r.o.

CZ4 Logimac s.r.o.

Trigema Real Estate Finance a.s.

Work highlights

  • Advised Ball Beverage Packaging Czech Republic on the purchase and construction of a recyclable beverage packaging manufacturing plant.
  • Advised Accolade Fund SICAV plc on its refinancing of up to €120m facilities of its existing indebtedness.
  • Advised Albert Česká republika, s.r.o. in relation to the leaseback transaction of two properties and their subsequent development.

Baker & McKenzie s.r.o., advokátní kancelář

Baker & McKenzie s.r.o., advokátní kancelář's real estate group in Prague is known for its strength in multijurisdictional matters, with it working with practitioners in other offices on cross-border investments and acquisitions. It is also able to act on construction, finance and litigation matters. Associate Marek Disman and Martin Hrodek co-head the team. Disman, who is 'incredibly professional, diligent and hard-working’, has particular expertise in acquisition finance and leaseback transactions.

Practice head(s):

Marek Disman; Martin Hrodek

Testimonials

‘Very reactive and provides simple, good and practical recommendations.’

‘Marek Disman’s reactivity is remarkable.’

‘Marek Disman is incredibly professional, diligent and hard-working. His expertise was invaluable in dealing with a large institutional landlord in the Czech Republic.’

Key clients

Apollo Global Management

International Game Technology plc

Work highlights

  • Assisted International Game Technology plc as tenant with review and negotiation of an office lease agreement.
  • Provided due diligence to Apollo Global Management regarding equity financing of a Czech lottery group’s real estate.

bpv Braun Partners s.r.o.

Advising on a combination of construction and investment matters, bpv Braun Partners s.r.o.‘s team provides real estate advice to blue-chip companies, as well as Czech and regional investors and developers. It advises on the structuring of acquisitions and related financings, development projects and disputes. The co-heads of the practice are Jiří Bárta and Miroslav Dudek, who both support the team’s real estate M&A work. Also recommended are Gabriela Porupková and Pavlína Tejralová.

Practice head(s):

Jiří Bárta; Miroslav Dudek

Testimonials

‘The practice is unique due to the persons who are able to build up and maintain great relationships with their clients and business partners, always deliver a very high quality of work and very much on time, and on top, they think entrepreneurial and handle the legal work accordingly. During the pandemic, they were even more visible than before and sent relevant newsletters to clients and business partners which covered information on legal changes due to the pandemic and pointed out the “to-dos”. It is also good seeing female partners.’

We have been using bpv Braun Partners both for transactions and day-to-day advice for years. Currently, we are about to start another transaction and bpv Braun Partners will assist us again.’

‘We have been working with Miroslav Dudek, Gabriela Špak Porupková and Pavlína Tejralová. Miroslav is a very skilled and experienced lawyer, who knows exactly which issues he should focus on. Gabriela is a really smart real estate lawyer, very practical, pragmatic and experienced. Pavlína is a knowledgeable lawyer, always reliable, helpful and to the point.’

Key clients

Aventicum Real Estate

BVI Fund FROWILPEX

Conseq Realitní

ČEMOS

Embalador

Erste Group Immorent

Galerie Butovice

Generali Investments CEE / Generali Real Estate

Goldbeck Bau

Hornbach

IMMOFINANZ

J&T Real Estate

Mint rezidenční fond SICAV

Motel One

MVGM

OLREDO

P3 Logistic Parks

Patria investiční společnost

PATRIZIA

Petainer Czech Holdings

Pojišťovna Patricie

PDP Property Development Partners

RE Invest

RSBC Real Estate

VIG Fund

PETERKA & PARTNERS

PETERKA & PARTNERS is strong at covering all aspects of a real estate development project, with work ranging from construction to divestment. It also has a notable financing practice, where it acts for banks and borrowers. Ondřej Dušek's practice has an emphasis in construction projects, and he specialises in the acquisition and development of commercial centres and brownfield projects. Dušek co-heads the practice with Pavla Přikrylová Kopečková, who provides restructuring and contracts advice to clients.

Practice head(s):

Ondřej Dušek; Pavla Přikrylová Kopečková

Key clients

Komerční banka, a.s.

Business Link

Safestay

GMD Plast

Skanska Reality

YCE Housing

Imerys

Real.Digital

Epiroc s.r.o.

Novanta

Work highlights

  • Advised Komerční banka, a.s. on financing a major retail development in South Bohemia.
  • Advised Epiroc s.r.o. on the termination of an intended new lease of premises for its headquarters in Prague.
  • Advising Skanska on administrative proceedings and subsequent litigation regarding the challenge of a permit for a residential project.

PRK Partners

PRK Partners is known for its advice to clients in the mining, manufacturing, retail and hospitality industries, with its practitioners offering transactional and regulatory expertise. The firm is also active in leasing and asset management matters, supporting a number of large scale asset managers in their tax and due diligence matters. In addition, construction is another area of focus. Daniel Rosický, Jakub Lichnovský and Roman Pečenka co-head the team. Other key individuals include litigator Rudolf Kožušník, regulatory expert Kristýna Faltýnková and Jana Pekařová, who advises developers.

Practice head(s):

Daniel Rosický; Jakub Lichnovský; Roman Pečenka

Key clients

FINANCIERE B&B Hotels

International Campus Group AG

PALÁC ROKOKO s.r.o.

Komerční banka, a.s.

UniCredit Bank Czech Republic and Slovakia, a.s.

Galerie Butovice s.r.o.

Foot Locker Czech Republic s.r.o.

changing.legal a.s.

KSR Industrial, s.r.o.

Holečková 26, s.r.o.

Work highlights

  • Advised B&B Hotels on the sale and leaseback of its B&B hotel in Prague.
  • Advised International Campus Group on the completion of a first-of-its-kind student campus in Prague.
  • Represented CTP Invest, spol. s r.o in administrative proceedings before the Ministry of Agriculture.

Weinhold Legal

Weinhold Legal's team provides ‘good quality and low cost advice’ to banks, developers, tenants and landlords. It is increasingly active in large-scale development projects, in particular large business hubs, and is also prominent in major transactions. The group has also advised clients on Covid-19 real estate matters. Practice head Pav Younis specialises in handling real estate M&A for multinational investors. Martin Lukáš and Milan Polák are also recommended.

Practice head(s):

Pav Younis

Other key lawyers:

Martin Lukáš; Milan Polák

Testimonials

‘Good quality and low-cost advice’

‘Availability at all times. Reaction time very good.’

Key clients

Bluehouse Capital

Christian Louboutin

Česká pošta

Work highlights

  • Advising Christian Louboutin on the lease of its first store in Prague.
  • Providing day to day portfolio management advice to Bluehouse Capital.
  • Providing legal advice to Česká pošta on its sale of St. Gabriel Monastery.

bnt attorneys-at-law

bnt attorneys-at-law's practice, which is led by Tomáš Běhounek, has expertise in mid-sized real estate deals, leasing matters, finance transactions and litigation. Construction is seen as a key area of strength, with the firm having won several assignments in relation to master planning processes and building law cases. Běhounek's team includes the ‘strong, experienced’ Pavel PravdaJakub Kasl (who was promoted to senior associate in 2021) and associate Jiri Havlik

Practice head(s):

Tomáš Běhounek

Other key lawyers:

Pavel PravdaJakub Kasl; Jiri Havlik

Testimonials

‘Creativity, professionality, communication, organization…’

‘Perfect client care, perfect communication’

‘Mgr Tomas Behounek (partner) – very experienced and focused lawyer, target-oriented Mgr. Jiri Havlik (associate) – very high performance, focused,’

‘We have a long-lasting partnership with BNT, which says it all. BNT are not just suppliers of legal services to us but partners in a broader way.’

‘Tomáš Behounek, Partner – one of the most respected professionals in the industry. Apart from his from legal proficiency, Tomáš is someone you can trust to negotiate your complex contract on your behalf, perfectly handling not only legal but also commercial aspects of the deal/transaction.’

‘Jakub Kasl, associate – despite being “junior” in terms of age, Jakub is a perfect match to Tomáš, handling the case at the operational level. Professional in all aspects, Jakub is able to match his unparalleled attention to detail with overall strategic and business thinking.’

Key clients

J&T INVESTMENTS SICAV

Trigema Real Estate

Zeitgeist Asset Management

100 Towers Holding

Swietelsky

RSBC Group

Geosan Development

DBD Group

RSJ

Metrostav Development

Direct

Monster Energy

Perseus Group

Satpo

V-Invest

Work highlights

  • Advised Metrostav Development on forward sale of 4 residential buildings.
  • Advised J&T INVESTMENTS SICAV on acquisition of 3 logistics halls in Pardubice.
  • Advised TRIGEMA on the acquisition and financing of a large brownfield area “Zlatý Lihovar” in the centre of Prague.

DLA Piper

DLA Piper‘s real estate practice has a strong transactional focus, with the firm acting on local and international portfolios. It also advises clients on construction matters, as well as finance issues. The firm’s roster of clients includes major international businesses, such as Ikea and Pfizer. Team head David Padyšák offers notable construction law support, and he also assists clients with procurement and contract drafting, in addition to acting on major transactions.

Practice head(s):

David Padyšák

Key clients

IKEA Czech Republic

Ingka Centres Holding B.V.

GLP Czech Republic Management/Goodman Czech Republic

ING Bank N.V.

UniCredit Leasing CZ, a.s./UniCredit Group

ModusLink Czech Republic s.r.o./ModusLink Corp

Themis Capital LLP

UBM Development Czechia s.r.o.

Pfizer

Generali Real Estate S.p.A

Metrostav Development Inc.

Bristol-Myers Squibb spol. s. r.o.

Karlin Group

Marriott Hotels International Limited

Work highlights

  • Advising ING Bank N.V. on refinancing of logistic parks portfolio operated by a pan-European logistics platform.
  • Advising IKEA Ceska republika, s.r.o. on the joint operating agreements of two significant retail shopping parks.
  • Advising GLP Czech Republic on high performance due diligence regarding a logistics development project.

Giese & Partner, s.r.o.

Giese & Partner, s.r.o. fields an ‘experienced team, which is reliable, deal-oriented and always available’. It has experience of advising leading domestic and international banking clients on significant financing transactions. Also notable is that the group has been developing its footprint in the industrial and logistics sectors recently, advising both key tenants as well as developers. Markéta Mrázová and Martin Holler co-head the team. Jitka Sytařová is also well regarded for her real estate finance expertise.

Practice head(s):

Markéta Mrázová; Martin Holler

Other key lawyers:

Jitka Sytařová

Testimonials

‘Experienced team, which is reliable, deal-oriented and always available.’

Key clients

Bayerische Landesbank

Deutsche Pfandbriefbank

Landesbank Hessen-Thüringen

Commerzbank

UniCredit Bank Austria

UniCredit Bank Czech Republic and Slovakia

Commerz Real Investmentgesellschaft

Work highlights

  • Advised German banks Deutsche Pfandbriefbank and Helaba on Crestyl’s €130m refinancing of Prague’s Dock In Office Park.
  • Advised Deutsche Pfandbriefbank and Helaba on refinancing of Futurama Business Park located in Prague.
  • Advised Bayerische Landesbank as lender on financing of a prestigious office building in the centre of Prague, Czech Republic.

HAVEL & PARTNERS s.r.o., attorneys at law

HAVEL & PARTNERS s.r.o., attorneys at law's diverse real estate practice covers a mix of investment transactions, development projects, asset management work, planning and zoning and finance transactions. The team has notable expertise in environmental regulations, advising on compliance, as well as representing clients in environmental disputes and permit procedures. Lukáš Syrový and Václav Audes co-head the group, which includes Josef Hlavička.

Practice head(s):

Lukáš Syrový; Václav Audes

Other key lawyers:

Josef Hlavička

Key clients

Panattoni

SEKYRA Group

Accolade s.r.o.

Pražská teplárenská / EP Energy

PUMA

Penta Investments

RSJ Private Equity

AEW

KKCG Real Estate

Coast Capital Partners

D+D Real

FREEPORT / IMPERIAL Holding

Arete

Work highlights

  • Advised Panattoni on the development of a distribution centre for an e-commerce operator in the Czech Republic.
  • Advised Pražská teplárenská a.s. on a spin-off of its assets into five succeeding companies.
  • Provided Sekyra Group advice on the structuring, negotiation, and implementation of joint ventures for the development of real estate projects.

Konecná & Zacha

Konecná & Zacha attracts a varied portfolio of work from clients, which spans acquisitions and sales, development projects, finance transactions and letting, among other matters. Team head Radka Konečná advises on real estate M&A, financing and arbitrations, and is regarded by clients as a ‘first-class solicitor who understands the business side of real estate deals.’ Also recommended are Martina Tatíčková , and Achim Jähnke.

Practice head(s):

Radka Konečná

Testimonials

‘We believe that they are a very good, detail-oriented team, which has the drive to deliver results and they are able to make sure the results really are achieved. They are able to also co-manage our team and they know what’s important and what can be dropped if needed. We really enjoy working with them and they are our preferred legal partner for the majority of areas that we need.’

‘Radka Konecná is our go-to-partner. She is very skilled in negotiations, in determining what are the important elements of transactions, and which risks are bearable. She has a very good sense of business and helps our teams also on that side. For a partner, she is very much hands-on, which from our point of view is very comfortable and it clearly secures the quality of service.’

‘Professional and friendly approach, fast reaction time, smart cooperation.’

‘The team I work with is very focused on the case, and at the same time, thinks about the important context of “out of the box”. I appreciate that.’

‘Konecna & Zacha are a medium-sized practice where the leaders are able to stay in touch with all of the work being undertaken so as to be able to ensure a first-class service. The practice has offices across CEE and so provides a wealth of knowledge on Real Estate issues. They are often able to link different clients to the benefit of all.’

‘Radka Konecna is a first-class solicitor who understands the business side or real estate deals as much as she does the legal side of any deal. This combination means that I get added value to all of my deals.’

‘Radka Konečná is very cooperative and ready-to-help. Being a top expert in the area, she also strives to develop a deep personal relationship with the clients and peers and positive chemistry in cooperation.’

Schoenherr Czech Republic

Schoenherr Czech Republic is known for its transactional advice, leveraging its multijurisdictional office network to act on a number of cross-border matters. Its team is particularly known for its expertise in the automotive sector, but it also has a growing footprint in relation to logistics centre developments. Team head Martin Kubánek focuses on transactional matters, with extensive experience of advising investment funds and developers. Also recommended are associate Viktor Pakosta and Zoltán Pálinkás.

Practice head(s):

Martin Kubánek

Testimonials

‘One of the top law firms in the Czech market. The team consists of experts in various specific fields which would normally correspond to bigger law firms.’

‘Partners and associates at Schoenherr apply a very pragmatic approach to legal problems.’

‘Excellent team with deep knowledge and focused on client needs.’

‘The individual lawyers of the real estate team understand our business and our values so that they can prepare various legal documents more efficiently and there is usually no need for follow up questions.’

‘The individual attorneys understand our industry and our business so that they can prepare various legal documents more efficiently and there is usually no need for follow up questions.’

Key clients

Lidl

DAIMLER

Continental Group

UNIQA Real Estate

Furla

Aludyne

Cooper-Standard

Weidmüller

Magna

Hornbach

Reality Investing

Hyatt Hotels Corporation

Immofinanz

Ventus LLC

Work highlights

  • Advised Covivio on its acquisition of eight luxury hotels from Värde Partners.
  • Advised Dream Industrial Real Estate Investment Trust on the acquisition of 100% of the shares of GPE II Pohořelice (CZ) s.r.o. and DSK Logistik s.r.o..
  • Advised Aludyne on the establishment of a subsidiary and production facility.

Skils s.r.o. advokátní kancelář

Well known for its projects expertise, Skils s.r.o. advokátní kancelář advises clients on large-scale infrastructure and real estate developments. In addition to transactional advice, it provides significant technical construction advice, covering the bid process, contract drafting and various related disputes. Karel Muzikář leads the team. ‘Senior, well-educated lawyer’ Martin Kramar is particularly well known for his expertise in construction disputes. Petr Severa is also recommended.

Practice head(s):

Karel Muzikar

Other key lawyers:

Martin Kramar; Petr Severa

Testimonials

‘Expertise, professionalism, knowledge of the market and the needs of clients.’

‘Karel Muzikár – excellent manager. Martin Kramár – senior, well-educated lawyer.’

Key clients

CEZ Group/CEZ

Ceska sporitelna

Property, Administrative and Delimitation Union of Trade Unions

Czech Government/Road and Motorway Directorate

Squire Patton Boggs s.r.o., advokátní kancelář

Squire Patton Boggs s.r.o., advokátní kancelář acts on a broad range of real estate matters, with particularly significant experience of advising clients in the retail sectors. Also notable is that it has a strong profile among multinational clients, particularly those from the US and UK, such as WPP and Westinghouse. In addition to undertaking transactional and financing work, the firm also assists clients with development projects and commercial leasing issues. It also provides public advocacy support. Radek Janeček works with ‘exceptional attorney’ Lenka Nová, who has a niche specialism in preservation and restoration law, and procurement expert Markéta Topinková.

Practice head(s):

Radek Janeček

Other key lawyers:

Markéta Topinková; Lenka Nová

Testimonials

‘Very good industry knowledge, availability and communication with clients.’

‘The team I have been working with has made themselves available to discuss and raise issues and risks that we need to consider. They were thorough and communicated very well throughout the process.’

‘Radek Janeček is firmly in charge of the Prague office, an experienced lawyer and very well connected in the local market. He is responsive and a professional coordinator, ensuring we always get high-quality support.

‘Extraordinary professionalism, preparation and prompt response.’

‘This is a very responsive team. Efficient use of different levels/rates of lawyers.’

‘Lenka Nova is an exceptional attorney. Knowledgeable in her craft and extremely responsive.’

Key clients

Czech Council of Shopping Centers

Decathlon

Elixír do škol, z. ú.

Galerie Šantovka s.r.o.

Galerie Teplice s.r.o.

ING Real Estate Development

International School of Prague

Lordship Real Estate

Low & Bonar

Manthellan a.s.

Office Park Šantovka s.r.o.

Prague Port, s.r.o.

Red Hat/Red Hat Czech s.r.o.

Redstone Real Estate

SOLTEX obchodní a.s.

TEDDY Group and its local subsidiaries

The Vlček Family Foundation

VN 57 s.r.o.

WPP Group

Work highlights

  • Assisting five of the biggest owners of shopping centres in the Czech Republic with the creation of an association to represent their interests.
  • Advising Galerie Šantovka on its Covid-19 response, including negotiating with tenants and providing advice on state relief programs.
  • Providing WPP with legal advice in connection with the development of the Prague campus for its agencies.

Z/C/H Legal

Z/C/H Legal is a strong choice for advice on acquisitions, developments, construction agreements and real estate litigation. A distinguishing feature of the practice is its strength in retail sector transactions and leasing,  Transactions make up a significant portion of the team’s advice, with it acting on behalf of a mix of developers and local municipalities. Radek Hladky and Jiri Ctibor co-head the group. David Pavlicek and Lukáš Žáček both offer key development expertise.

Practice head(s):

Radek Hladky; Jiri Ctibor

Other key lawyers:

David Pavlicek; Lukáš Žáček

Testimonials

‘The firm covers all needed areas from a business point of view, so they can provide a complex service from A to Z, which is very important for us. You do not need to ask for different specialisations, as they are able to cover all of them. Even on international matters, they can always give proper advice directly or with their international partners.’

‘We work mostly with the partner of the company Mr Ctibor, who is really professional. He can give advice by thinking as if he was in your shoes. This is very important for the final decisions we have to make in the end.’

‘We have been cooperating with them for a really long time and we can confirm their qualities, especially as a matter of course, we take not only their high level of expertise but also the client approach combined with great flexibility in cases where it is really needed.’

Key clients

Impuls Leasing Austria

Bawag Leasing & Fleet

TREI Real Estate Czech Republic, Tengelmann Unternehmensgruppe

Intersport

Schachermayer

Bakker

Captain Candy

GOOD T ROOM, s.r.o.

act Randa Havel Legal

The real estate team at act Randa Havel Legal, which is noted for its ‘strong technical knowledge,’ has particular experience of acquisitions, construction agreements and planning matters. It is particularly known for its international clientele, in particular real estate investors, for whom it offers cross-border transactional support. Martin Řanda and Tomáš Slabý co-head the team. Slabý is particularly regarded as an ‘expert in the area of construction.’

Practice head(s):

Martin Řanda; Tomáš Slabý

Other key lawyers:

Bohumír Židek

Testimonials

‘I would specifically recommend this team for its strong technical knowledge. This is a huge advantage and something we really value. The team demonstrated dedication, flexibility and availability. It really is first-class cooperation.’

‘Martin Řanda’s extensive experience makes him very knowledgeable on how to assist us and our business. He has a very practical approach and is a real specialist in this area. Tomáš Slabý, a Partner, is an expert in the area of construction and he is able to make things happen quickly and smoothly. Bohumír Židek, a senior associate, is calm, confident and able to describe complex things in a simple manner.’

Key clients

AFI Europe Group

FCC Group

Nemomax Investment Fund

Bertsch Energy GmbH & Co KG

City of Prague

Pražské služby, a.s.

Orkla Foods Česko a Slovensko, a.s.

The city of Toušov

JUFA Group

Západočeská univerzita v Plzni

Work highlights

  • Acting for City of Prague on the reconstruction and an additional construction of the historical landmark Industrial Palace building.
  • Providing Nemomax Investment Fund with legal assistance in connection with a number of key projects.
  • Providing Pražské služby, a.s. with comprehensive legal services in multiple real estate transactions.

Bird & Bird s.r.o. advokátní kancelář

Bird & Bird s.r.o. advokátní kancelář is able to provide a broad range of real estate advice to its clients, including property management, construction and restructuring. It is also active in leasing deals, advising clients in sectors such as IT, financial services and energy. Ivan Sagál leads the team. Filip Hron is a key name for construction and mediation matters.

Practice head(s):

Ivan Sagál

Other key lawyers:

Filip Hron

Key clients

Lighthouse Group

Eversheds Sutherland, advokátní kancelář, s.r.o.

The real estate team at Eversheds Sutherland, advokátní kancelář, s.r.o. acts for clients in the hospitality, logistics and energy sectors, among others. It is experienced in acting on development projects, financings and transactions, and it works on cross-border matters with practitioners in the firm’s Slovak office. Dominika Veselá, who leads the team, advises on a range of transactions. Rudolf Kristian offers continuous support.

Practice head(s):

Dominika Veselá

Other key lawyers:

Rudolf Kristian

Key clients

Expandia

Conseq

Nadační fond Dům Ronalda McDonalda

BONVER GROUP

Raiffeisen investiční společnost a.s.

Work highlights

  • Provided advice to Nadační fond Dům Ronalda McDonalda on the construction of the first Czech Ronald McDonald House.
  • Provided comprehensive legal advice to Conseq open-end real estate fund on the acquisition of the Poděbradská Retail Park in Prague
  • Provided comprehensive legal advice to Conseq open-end real estate fund on the acquisition of Centrum Karviná.

Glatzová & Co., s.r.o.

Glatzová & Co., s.r.o., which is particularly highly regarded for its permitting and development-related advice, has a strong profile among clients in the logistics, industrial and leisure sectors. It also has a broad transactional practice. Erik Kolan leads the team, specialising in heritage related planning cases. Also key are Martin Dančišin and associate Tomáš Kessler.

Practice head(s):

Erik Kolan

Testimonials

‘Glatzova offers great legal knowledge and client service for very reasonable legal fees.’

‘Erik Kolan is an experienced lawyer, who leads us through a complicated development process and always finds a solution when we need one.’

 

Key clients

Landia Management

Kovošrot Group s.r.o.

Mendel Plaza, a.s.

PH Real a.s.

Pražská energetika a.s.

Obchodní areál Vídeňská – from the Vegatour Group

Centropol Trading, s.r.o.

Discovery Group

Volksbank Raiffeisenbank Nordoberpfalz eG pobočka Cheb

Verdion GmbH

SPROF a.s.

Miroslav Bouška

B&K Nemovitostní investice a.s.

Raeder & Falge, s.r.o.

Bohemia Properties a. s

Landia Management

Kovošrot Group s.r.o.

Mendel Plaza, a.s.

PH Real a.s.

Pražská energetika a.s.

Obchodní areál Vídeňská – from the Vegatour Group

Centropol Trading, s.r.o.

Discovery Group

Volksbank Raiffeisenbank Nordoberpfalz eG pobočka Cheb

Verdion GmbH

SPROF a.s.

Miroslav Bouška

B&K Nemovitostní investice a.s.

Raeder & Falge, s.r.o.

Bohemia Properties a. s

Work highlights

  • Advised Verdion GmbH on the development process of a logistics centre near the Prague airport for the UPS Logistics Group.
  • Advised Bohemia Properties on the sale of land in Prague to Daramis and setting up a joint venture in the aftermath.
  • Advised Kovošrot Group on the sale of its Prague site to Accolade and several other sites as well.

Kocián Šolc Balaštík

Kocián Šolc Balaštík is particularly known for its work in the hotel industry, with it advising many top hotel developers, and it also has a growing footprint in the e-commerce, warehousing and logistics industries. Recent work included single asset and portfolio transactions, real estate financings and refinancings, and advice on lease agreements. ‘Very clever and highly educated lawyer’ Jiří Horník co-heads the team with Václav RovenskýMartin Krejčí is also recommended.

Practice head(s):

Jiří Horník; Václav Rovenský

Other key lawyers:

Martin Krejčí

Testimonials

‘We especially appreciate that the firm is big enough to provide professional legal services in various areas, but at the same time, people in the firm communicate with each other and we are receiving complex legal advice. The teams consist of partners, senior attorneys as well as junior lawyers. They are well organized and effective, and the legal documents are prepared and delivered on a very high level.’

‘We would like to highlight Martin Krejčí. He is an exceptional lawyer, very pragmatic and focused. Not only does he have great legal knowledge, but he also understands how business works. We cooperate with Martin for many years and he has already successfully guided us in various transactions including financing as well as through setting up a corporate structure and implementing processes. Also, Jirí Horník is a well-experienced lawyer in real estate deals, extremely focused on details and proper execution. He provides legal services professionally and on time.’

‘Jiri Hornik. Very punctual. Stays on the subject. Unlike many other lawyers I’ve dealt with, he does not drag issues out, but on the contrary, pushes them to a conclusion. Clearly the best lawyer I have worked with in the Czech Republic.’

‘KSb law office offers complete legal services connected to real estate. Their services are effective and business-oriented. The team’s strength is in due diligence and the structuring of the transaction, as well as the purchase agreement’s negotiation. We appreciate great legal quality with attention to detail.’

‘We highly recommend working with Mr Jiri Hornik, an experienced real estate lawyer. We value the high legal quality advice, friendly approach. Jiri can handle big acquisitions, difficult matters and meet all deadlines with ease.’

‘Strong knowledge of local legal environment, business-oriented approach, ability to find a solution in complicated matters. Jiri Hornik – outcome delivered on time, reasonable price.’

‘Jiri Hornik is a very clever and highly educated lawyer with perfect communication skills and customer approach.’

‘Jiri Hornik: calming influence in a difficult project. Firm, unselfish and collaboration-oriented.’

Key clients

Arete Group

J&T Banka

J&T Real Estate

Focus Fund

European Union Agency for the Space Programme

IHI Towers

VGP Group

JTH Group

MS INVEST Group

YIT Group

Work highlights

  • Advised Arete Group on the sale of its logistic park portfolio to the Australian Cromwell fund for €113m.
  • Advised J&T Banka on the acquisition of its brand new eight-storey headquarters in Prague.
  • Leading the consortium for the preparation, launch and evaluation of tenders for The European Geostationary Navigation Overlay Service.

Taylor Wessing Czech Republic

Taylor Wessing Czech Republic's real estate team is sought after for advice on cross-border real estate transactions, with the firm having a focus on the CEE/SEE region. Construction projects and finance transactions are other key areas of strength for the group, which generates mandates from property investors and financial institutions. Jakub Adam and Erwin Hanslik co-head the practice.

Practice head(s):

Jakub Adam; Erwin Hanslik

Key clients

S+B Plan & Bau Prag spol. s r.o.

IWG group

ECE Projektmanagement

UBM Development Czechia s.r.o.

Leonardo Hotels

Work highlights

  • Advising S+B Plan & Bau on the development and leasing of two A-class office buildings in Prague.
  • Advising IWG group on the development and operation of several office centres in the Czech Republic.
  • Providing ESCES spol. s r. o. comprehensive legal advice regarding a sale of its warehouse and logistics centre.

CERHA HEMPEL Kališ & Partners

CERHA HEMPEL Kališ & Partners' real estate work is handled by the M&A and restructuring team, which is jointly led by Petr Kališ and Lukáš Srbecký. The group's workload includes real estate acquisitions, development projects and real estate financing. It acts for clients such as developers, investors, agents and other significant tenants.

Practice head(s):

Petr Kališ; Lukáš Srbecký

Testimonials

‘We appreciate their knowledge of various types of real estate and cooperation with real estate experts. They have a broad team with a great combination of senior experienced lawyers and very competent paralegals. They are very focused on detail, which is essential in distressed deals we dealt with them.’

‘We are especially satisfied with the work of Mr Lukáš Srbecký, who helps us both in due diligence and deal negotiations (legal set-up) and he is very valuable in both fields. We appreciate also the availability of partners, especially Mr Kališ, who steps in the process, whenever it is needed. He always provides insight based on his vast experience.’

‘Lawyers at CERHA HEMPEL are very active in collaboration with experts and provide great assistance to us in focusing on the important aspects of the case. The ability of lawyers at CERHA HEMPEL to collaborate with experts and understand the technical specifics of cases in detail are exceptional.’

Key clients

XXX Lutz KG

SES Spar European Shopping Centers GmbH

Vienna House Diplomat Prague RE s.r.o.

Tchibo Praha, spol. s r.o.

SALINI IMPREGILO SPA

Carclo Technical Plastics – Brno, s.r.o.

Audemars Piguet

FCC Česká republika s.r.o.

SAFINA, a.s.

ŽĎAS, a.s.

EWAP spol. s r.o.

SBS Ecoclean GmbH

MEDIN, a.s.

TOS Hostivař s.r.o.

THQ Nordic GmbH

STATICAL s.r.o.

WESTCASTLE BIDCO LIMITED

Work highlights

  • Advised XXX Lutz KG on the process of its spin-off and merger.
  • Provided Vienna House Diplomat Prague RE s.r.o. with broad advisory services regarding the strategic use of the hotel premises.
  • Provided legal advice to EWAP spol. s r.o. as a recipient of financial leasing of industrial real estate related to a capital markets option.

Deloitte Legal s.r.o., advokátní kancelář

Though it offers expertise in standard real estate deals, Deloitte Legal s.r.o., advokátní kancelář‘s strength is in environmental law. The team’s water law strength is noteworthy, and it offers sustainability and administrative advice on construction projects. The team also advises on standard transactions and tax matters. Martin Bohuslav and Olga Kaizar co-lead the team.

Practice head(s):

Martin Bohuslav; Olga Kaizar

Testimonials

‘High expert level, personal approach, very competitive proposals, very credible practice.’

‘Again high level of expertise and experience, in combination with a personal approach. I valued as well their creative approach in non-standard situations. Especially the teams led by Martin Bohuslav and Olga Kaizar.’

Key clients

egoé 519 a.s.

FTMO holding a.s.

CASPER CONSULTING a.s.

Olomoucký kraj

Statutární město Mladá Boleslav

The European Commission

Sekyra Group, a.s.

UNICAPITAL N.V., odštěpný závod

CRISTAL PALACE a.s.

Město Český Krumlov

Work highlights

  • Provided the European Commission with comprehensive analysis of the recently passed Building act reform.
  • Providing Sekyra Group, a.s. with complex legal advisory related to two large Real Estate development projects in Prague.
  • Providing egoé 519 a.s. with complex legal advisory in relation to the split up of the group.

DELTA legal

DELTA legal‘s real estate team advises on major transactions in the market, as well as construction projects, leases and disputes. It also has expertise in water law, the environmental aspects of developments, sustainability and administrative law. The group, which is led by Pavel Fára, garners praise from clients for its ‘high level of negotiation skills, availability 24/7 and personal approach to each transaction.’  Libor Vacek and Veronika Chrobok are key individuals.

Practice head(s):

Pavel Fára

Other key lawyers:

Libor Vacek; Veronika Chrobok

Testimonials

‘Personal approach, complex services supporting the transaction, very effective reflection of DD findings into transaction documentation.’

‘High level of negotiation skills, availability 24/7, personal approach to each transaction and flexible finding of solutions during drafting sessions with a counterparty.’

‘Delta Legal takes our preferences and liability into account throughout the entire cooperation and focuses on key legal issues rather than burying us in petty details. They deliver the work on time and quickly react to our requests.’

‘We appreciate a fully dedicated, stable team on all our work. It saves time to work with the same, well-informed group of professionals long-term. Pavel Fára, partner – exceptional commercial-wise, great overall knowledge of the market and ability to come up with solutions even in cases when things do not go the ideal way. Libor Vacek, partner – financial law expert, always thinking one step ahead. Veronika Chrobok, senior associate – youngest of the team, yet already an exceptionally good coordinator of transactional work and a diligent lawyer who truly cares.’

‘Pleasant and friendly approach, which is always very professional.’

‘Absolutely unique communication with team members, ability to process assignments quickly and with high quality. Advanced use of the online environment for communication between client and legal service provider.’

‘Veronika Chrobok – highly professional communication, emphasis on detail – greatly appreciated in case of legal services.’

‘Detailed knowledge of existing market standards’

Key clients

CTP Invest

Trigea nemovitostní fond, SICAV

INVESTIKA, investiční společnost

Komerční banka, a.s.

Aventin group

Galerie Louvre, s.r.o.

Q property

John Crane

Autosalon Klokočka

Czech National Trust

Optimalvit

Arcibiskupství pražské

Work highlights

  • Advised Investika on the acquisition of a majority share in a holding company owning the office building Szyperska 14 in Poznan, Poland.
  • Advised CTP Invest on the acquisition and leaseback of the company owning Petainer plastics production and neighbouring plots of land.
  • Assisted Investika in sale-and-leaseback acquisition of data centre site at Technology Centre Pisek.

INVICTA law

The team at INVICTA law has top-notch permitting and development expertise. It is heavily involved in commercial development planning, as well as acquisitions and disposals. Martin Mládek, Milan Prieložný and Kamila Janoušková co-head the practice.

Practice head(s):

Martin Mládek; Milan Prieložný; Kamila Janoušková

Testimonials

‘I am aware that Invicta law firm is strongly focused on work in the field of construction law and commercial law. I think, precisely because of the narrow focus of their work, that as a result, they are experts in these areas of law. They also use the single case system, which significantly speeds up and improves work on individual cases and enables work from home and over long distances.’

‘Cooperation with Milan Prieložný has always been great. He excels mainly in the ability to communicate with clients and explain legal issues so that everyone understands it. He can also quickly analyze the main problem of the case and find a quick and effective solution.’

‘We trust Invicta primarily because of our long-term cooperation, but also because their work is always done precisely and in a short period of time. We also appreciate their way of invoicing and the use of modern technologies. For example, there is no need to send paper documents to the office at all, and they also provide excellent services remotely.’

‘Martin is great at finding new and innovative solutions to problematic situations. However, the same applies to the other two leading lawyers, Kamila Janoušková and Milan Prieložný. There is always great cooperation and communication with Milan Prieložný if we need to solve procedural issues or possible court proceedings. Kamila Janoušková wonderfully manages large transactions and acquisitions.’

‘Martin Mládek and Milan Prieložný are able to understand clients’ needs and come up with win-win solutions.’

‘The most important and valuable feature is their comprehensive approach and thoroughness while we use their services in the preparation of various legal documents related to development and real estate acquisitions. We appreciate their straightforwardness, certain setting of deadlines and most of all their time flexibility.’

Key clients

JRD s.r.o.

Retail group a.s.

City Project Company s.r.o.

V Invest Development s.r.o.

Metrostav Development a.s.

DANDREET a.s.

DI International, s.r.o.

EP Real Estate, a.s.

SVOBODA & WILLIAMS s.r.o.

Atlantis Development s.r.o.

Millenium Technologies a.s.

Bielskie Przedsiebiorstwo Budownictwa Przemyslowego, organizační složka

PSN s.r.o.

APOGEO, s.r.o.

Work highlights

  • Advised JRD group on extensive corporate transformation and major acquisitions.
  • Advised Retail group a.s. on the acquisition of a retail park in value of €5m.
  • Advised on two important transactions for V Invest Development s.r.o.

UEPA advokáti s.r.o.

Noted for its significant experience of the hotel and hospitality industries, UEPA advokáti s.r.o.'s group is able to provide its clients with construction, transactional and dispute resolution support. The team is well-placed to handle domestic and cross-border work, with practitioners being able to provide legal services in Czech Slovak, English and German. Andreas Ueltzhöffer, Lars Magnus Klett and Lucie Hladěnová co-head the practice.

Practice head(s):

Andreas Ueltzhöffer; Lars Magnus Klett; Lucie Hladěnová

Testimonials

‘The team has a German background and knowledge of German law. With its headquarters in Prague and many years of practice and experience in Czech law, UEPA is a valuable partner for international business in the Czech Republic.’

‘Very reliable partner with short availability and very deep specialist knowledge.’

Key clients

KEMPER

CUBESPACE

CRESTYL

KiK textil a Non Food spol. s r.o.

Engel & Völkers Commercial

NH Hotel Prague City and NH Hotel Collection Prague

Lindner Hotel Group

Swietelsky

Soprema S.p.A.

Neways Electronics

Plaschka

mdexx

Work highlights

  • Advised CRESTYL on drafting and negotiating the general contractor contract for a future office building.
  • Advised CUBESPACE on several real estate projects in different parts of Germany.
  • Advised on 15 different transactions regarding real estate brokered by Engel & Völkers.