Petr Pánek | White & Case LLP International Law Firm, Global Law Practice
Petr Panek
Petr Panek

Petr Pánek

Partner, Prague

“Pragmatic, in tune with our business and very helpful, and gives a speedy response.”

Chamber Europe 2013

Overview

Petr Pánek is head of the Firm's Central & Eastern Europe Real Estate Practice and leads the M&A Practice in the Czech Republic.

He advises clients on a number of issues relating to financial and real estate transactions. He concentrates on M&A, real estate deals, fund formation, financial restructurings, dispute resolution and regulatory matters associated with collective investments, including investment funds.

Petr's range of experience, combined with his focus on real estate transactions and his knowledge of both the regional and local markets, helps him to successfully lead clients through complex cross-border and domestic transactions.

Petr has represented international investors in numerous significant M&A projects within the Czech Republic and across Central & Eastern Europe, primarily working with clients active in real estate, banking and financing, energy & natural resources, insurance and manufacturing. His clients include ABB, Allianz, CEZ, Honeywell, HSBC, Michelin, New World Resources, Unipetrol / PKN Orlen and W.W. Grainger.

Petr has developed detailed knowledge of all aspects of real estate transactions. He has advised leading domestic and international institutional investors regarding the structuring of real estate related investments, and has helped them to establish their relevant investment funds.

He also advises clients on investment-related issues, and day-to-day legal issues arising from their real estate portfolios in the Czech Republic and across Central & Eastern Europe. His clients include the Crestyl Group, ECE Projektmanagement GmbH & Co. KG, the Erste Group, Generali Immobiliare, Klepierre, PPF Investments, Pointpark Properties (TPG Capital), Prologis and Unicredit.

In the area of fund formation, Petr has represented the Erste Group, Genesis Capital, PPF Group, ING, Hendersons Fund, HSBC, and REICO, the first open-ended real estate fund in the Czech Republic.

Petr also advises major European financial institutions and institutional investors in restructuring and insolvency related matters. He is currently advising a number of banks on their exposure to certain real estate groups.

Bars and Courts

  • Czech Bar Association
  • New York State Bar

Education

  • LLM, Columbia University School of Law, New York, USA
  • Georgetown University Law Center, Washington, DC, USA
  • Mgr, (J.D. equivalent), Charles University, Faculty of Law, Prague, Czech Republic

Languages

  • Czech
  • English

Experience

Pointpark Properties, 2014

Petr led the team that represented the TPG Capital and Ivanhoe Cambridge portfolio company PointPark Properties (P3), owner, developer and manager of European logistics properties, in the €523 million purchase of a Czech logistics portfolio from two funds advised by Tristan Capital Partners and VGP. The value of this acquisition makes it one of the largest single logistics transactions in Europe in the past ten years, and the largest ever deal of its type in the Czech Republic.

New World Resources Plc (NWR), 2013

Petr worked as part of the international team that represented NWR in its comprehensive, cross-border balance sheet restructuring. This complex transaction involved a UK scheme of arrangement, as well as a rights issue and placing on the London, Warsaw and Prague Stock Exchanges. The deal won "2014 Industrial Goods and Basic Resources Deal of the Year" at M&A Advisor's Turnaround Awards.

Prologis, 2014

Petr led the team that represented Prologis, the leading global owner, operator and developer of industrial real estate, in the acquisition of an industrial/ warehouse portfolio in the Czech Republic, Slovakia and Poland, from funds managed by a global real estate investment management firm.

Credit Agricole Corporate and Investment Bank, 2014

Petr advised Credit Agricole Corporate and Investment Bank (CACIB) in a complex portfolio debt restructuring concerning three investment assets of ORCO PROPERTY GROUP – a commercial building in Prague, a production plant near Olomouc and department stores in Bratislava, Slovakia.

Generali PPF Holding B.V., 2014

Petr leads the team that is representing Generali PPF Holding B.V. on its real estate acquisition program in the Czech Republic. Most recently, he represented Generali in the acquisition of PALAC KRIZIK a.s., which owns a complex of office buildings located in Prague, Czech Republic, from two French investors.

ProLogis, 2013

He led the team that represented ProLogis, the second largest operator of logistics parks in the world, in a number of inter-related real estate disputes. Our work has included the successfully defence of this global giant before the Superior Court, in relation to the ownership title of a large industrial site designed for the construction of a logistics park, where the land was claimed by the insolvency trustee of a bankrupt company.

New World Resources, 2013

Petr was part of the core partner team that represented New World Resources Plc in the disposal of OKK Koksovny, a.s. to the METALIMEX group for €95 million.

City of Prague, 2012

Petr led the team that advised the City of Prague in connection with the largest single public construction contract and the biggest single infrastructure project in the Czech Republic. This related to the construction of 'Tunnel Blanka', the longest vehicular tunnel in the Czech Republic and the longest city tunnel in Europe. The value of this transaction was more than €1.7 billion (approximately CZK 40 billion).

Speaking Engagements

"Distressed sales – are they happening or just dreaming?", 2014: Global Real Estate Institute's New Europe conference in Warsaw, Poland, (Panel session leader)

Awards & Recognition

Leading Lawyer: Real Estate – Czech Republic, Chambers Europe 2014

Chambers Europe, 2014

"[Petr Pánek] …is a lawyer you want on your side rather than against you."

Chambers Europe, 2013

"Pragmatic, in tune with our business and very helpful, and gives a speedy response."

Chambers Europe, 2012

"Diplomatic, flexible and constantly able to deliver."

Chambers Europe, 2011

"Outstanding experience and quality of advice."