Global law firm White & Case LLP has advised CTP, a leading commercial real estate developer and manager of business parks in Central & Eastern Europe, on the €450 million sale of a Czech logistics portfolio to Deka Immobilien, the largest German institutional investor.
The portfolio consists of 36 A-Class buildings in prime locations in West Bohemia and the Prague region that are fully occupied by more than 50 established tenants. It is one of the largest-ever real estate transactions in the Czech Republic, and the largest logistics deal in Europe during 2018 to date.
The White & Case team in Prague which advised on the transaction was led by partner Petr Pánek and local partner Václav Kubr, with support from associates Karel Petržela, Marianna Galusová, Kamila Daňková and Petra Zůnová.
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