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Real Estate

Czech Republic

Our Prague Real Estate and Construction team consists of highly experienced specialists with an in-depth knowledge of the local business environment and of the current market developments. Lukáš Hejduk heads the real estate team of nine lawyers that have achieved a strong reputation among both foreign investors and Czech sector players.

We offer the benefit of long-standing experience in the real estate market, having advised on some of the biggest logistics, office and retail transactions in Central and South Eastern Europe to date.

In an increasingly active property market, we can advise you on complex cross-border property portfolio sales and acquisitions across the region and we can provide industry-specific advice such as leasing agenda, construction and development projects and construction litigation. Whether you are in the logistics, retail, office, residential, hotels, infrastructure, renewable energy or student accommodation sectors, we have the specialists to help.

These lawyers are incredibly approachable and willing to help. They take the time to go through the process with you, making you feel that you are in good hands.
Chambers

Through decades of experience of doing deals across Europe, our multi-jurisdictional teams adhere to the same templates, processes and standards, including project management. This means we can deploy specialist teams to advise you immediately, irrespective of where the real estate assets are. If you are launching or operating a real estate fund or setting up a real estate related joint venture, our funds and corporate experts can give you country-specific support. This approach allows us to guide your tax, planning, debt financing, construction and management issues in addition to your traditional real estate portfolio and property management work.

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1 July 2020
Sign­ing with e-sig­na­ture in CEE
This guide fo­cuses on the most im­port­ant leg­al areas where elec­tron­ic sig­na­tures are usu­ally used: em­ploy­ment law, com­mer­cial con­tracts, real es­tate law, cor­por­ate law and bank­ing and fin­ance con­tracts. This guide ad­di­tion­ally in­cludes help­ful at-a-glance
06 April 2020
CMS Ex­pert Guide to COV­ID-19 im­pact on con­struc­tion in­dustry
As the en­tire eco­nomy has been hit hard by the out­break of the COV­ID-19, also the con­struc­tion in­dustry is cur­rently fa­cing dra­mat­ic and dis­rupt­ive chal­lenges re­gard­ing fin­an­cial pres­sure, la­bour short­ages and sup­ply chain is­sues. In or­der to help our cli­ents, we have pro­duced a fre­quently up­dated, com­par­at­ive guide over the im­pact the COV­ID-19 has on the con­struc­tion sec­tor across vari­ous jur­is­dic­tions.
07 August 2020
Treaty claims for can­celled or mod­i­fied in­fra­struc­ture pro­jects in the...
A re­cent IC­SID tribunal has denied an in­vestor’s claim con­cern­ing the de­vel­op­ment of an air­port pro­ject in Latvia. The in­vestor was un­able to pro­ceed with the con­struc­tion of its pro­ject due to nu­mer­ous...
20 April 2020
CEE Green­field Guide
This guide to in­vest­ment in the Cent­ral and East­ern European (“CEE”) re­gion is in­ten­ded to help po­ten­tial in­vestors un­der­stand what in­cent­ives are avail­able when in­vest­ing in the lead­ing coun­tries in CEE. It also sets out in­form­a­tion about the pro­cess for
31 March 2020
CMS Ex­pert Guide to COV­ID-19 im­pact on lease agree­ments
COV­ID-19 is dom­in­at­ing the glob­al news and af­fect­ing all areas of busi­ness life. For both land­lords and ten­ants, the ques­tion arises as to the im­pact of the COV­ID-19 pan­dem­ic on their lease re­la­tion­ships. In this guide you will find a use­ful over­view of the im­pact COV­ID-19 has on leases across vari­ous jur­is­dic­tions. Please note that this com­par­at­ive ana­lys­is is based on our cur­rent eval­u­ation and is a sub­ject to fur­ther up­dates and amend­ments.
10 July 2020
Czech Cham­ber of Depu­ties ab­ol­ishes prop­erty ac­quis­i­tion tax
On 8 Ju­ly 2020, the Czech Cham­ber of Depu­ties ap­proved a gov­ern­ment­al pro­pos­al to ab­ol­ish the 4% tax on real es­tate ac­quis­i­tions. At the same time, the Cham­ber voted to main­tain tax de­duc­tions for new...
3 October 2019
CMS an­nounces new CEE Real Es­tate Head
In­ter­na­tion­al law firm CMS is pleased to an­nounce that part­ner Lu­kas Hej­duk has been ap­poin­ted Head of the CMS CEE Real Es­tate group*, re­pla­cing Wo­j­ciech Koczara after a five-year term. Read more about Lukas' ap­point­ment here.
24 April 2018
CMS Ex­pert Guide to com­mer­cial real es­tate law and rules
Are you look­ing for in­form­a­tion on com­mer­cial real es­tate law and rules? This CMS Ex­pert Guide provides you with everything you need to know.
26 June 2020
Call for ap­plic­a­tions for sub­sidy un­der the “Cov­id-Rent” pro­gramme
As we have re­por­ted pre­vi­ously the Czech gov­ern­ment on 18 May pro­posed a rent-sup­port pro­gramme for re­tail busi­nesses whose op­er­a­tions were banned due to coronavir­us-re­lated meas­ures (between 13 March...
April 2019
Stu­dent Ac­com­mod­a­tion in CEE: the next big thing?
27 September 2011
CMS Ex­pert Guide to green lease law and reg­u­la­tion in Europe
Are you look­ing for leg­al in­form­a­tion on green leases? This CMS Ex­pert Guide provides you with everything you need to know.
05 June 2020
Ad­vance pay­ment bonds: “step­ping down” pro­vi­sions and more guid­ance on...
Last month we re­por­ted on a TCC de­cision which con­sidered the re­quire­ments for mak­ing and re­ject­ing a de­mand un­der an ad­vance pay­ment bond sub­ject to the URDG. Very sim­il­ar is­sues have now been con­sidered...