Czech Republic

Czech Republic

​Recent work highlights

Construction and development

  • Advised Arca Capital and Nova Real Estate on joint venture development and forward purchase of logistic assets with Panattoni Europe, major developer of industrial premises, and establishment of a joint venture for development logistics assets in Poland.
  • Advised Flow East in entering into a contract for works for a major mixeduse development project being constructed in Václavské náměstí in centre of Prague. Including property draft contract for lender for the construction company and negotiation of the contract with the final bidder.
  • Advised CSPP Group on the construction contracts for Retail Park Písek project, including support of the client during the tender for the construction company, negotiating the turn-key construction contracts and the construction processes.

Investment and disposal

  • Advised Deka Immobilien on its €460m acquisition of a Czech logistics portfolio from the CTP Group. The portfolio includes 36 modern buildings with a total leasable area of approximately 430,000m². This was the biggest transaction on the real estate market in 2018.
  • Advised Allianz and VGP on the acquisition of several new logistics properties in Austria, Romania and Spain. CMS Prague was responsible for delivering the work streams on the SPA and coordinating the remaining work streams with colleagues from Germany, Luxembourg, Austria, Spain, Romania, Italy and Netherlands.
  • Advised REICO on the acquisition of an office building in Prague.
  • Advised Deka Immobilien on the acquisition of the prestigious site “The Park” in Prague. “The Park” is a state-of-the-art complex consisting of 12 office buildings built between 2003 and 2008 in an attractive campus-style formation. It was the largest ever office transaction in the Czech Republic.
  • Advised Deka Immobilien on the sale of 27,500m² Lighthouse office towers to Star Capital. The property situated on the banks of Vltava comprises two separate standalone buildings joined at underground parking level.
  • Advised Karimpol on the sale of the Greenline building in Prague. Building with 15,500m² is in the heart of the Pankrác business district and the value of the deal is estimated to approx. €500m. The Greenline is home to tenants such as SCS Software, Huawei Technologies, Nordic Telecom 5G a Kia Motors Czech.

Managers and occupiers

  • Advised multiple clients, including Deka Immobilien, Goodman, Redside and Standard Life Aberdeen, on leasing matters related to their property portfolio in the Czech Republic.


  • Advised Raiffeisen Bank International on a successful financing, in connection with the cross-border acquisition of a logistics portfolio by the Czech head-quartered logistics giant, P3, from CA Immobilien Anlagen AG.
  • Advised UniCredit on the financing of the acquisition of 80,000m² Waltrovka office complex in Prague. The buildings are leased to a range of tenants including Johnson & Johnson, Oracle, Sberbank, Strabag, Amrest, and Astra Zeneca. This was the largest real estate deal in the Czech Republic in H1, 2019.
  • Advised Bluehouse Capital on the (re)financing of its investment in Centrum Karviná s.r.o., which operates a shopping mall in Karviná, provided by Česká spořitelna, a.s.


Facts and figures

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Located in Prague

2 real estate partners and 13 lawyers

Languages: Czech, English and German

Key contacts

Lukáš Hejduk
Lukáš Hejduk
Head of Real Estate, CEE
T +420 296 798 892
Libor Prokeš
Libor Prokeš
T +420 296 798 832