Karel Petržela

Associate, Prague

Biography

Overview

Karel Petržela supports institutional investors and financial sponsors, as well as corporate and private equity clients in mergers and acquisitions, joint ventures and portfolio company matters, focusing primarily on regulated sectors and real estate.

As an associate in our EMEA Real Estate and M&A Corporate practice groups qualified in the Czech Republic, Karel has taken part in a number of high-profile transactions, including cross-border transactions, advising on transactional, operational and commercial matters.

Karel is a member of the Royal Institution of Chartered Surveyors (RICS).

Bars and Courts
Czech Bar Association
Education
Cardiff University

School of Law, Cardiff, The United Kingdom

Mgr
Faculty of Law
Charles University

Prague, Czech Republic

Ing
Faculty of Management
University of Economics in Prague

Czech Republic

Languages
Czech
English
French

Experience

Representation of CTP, a leading commercial real estate developer and manager of business parks in Central & Eastern Europe, on the EUR 450 million sale of a Czech logistics portfolio to Deka Immobilien, one of the largest-ever real estate transactions in the Czech Republic, and the largest logistics deal in Europe in 2018.

Representation of LaSalle Investment Management, leading real estate investment management firm investing in value-add real estate across Europe, on their acquisitions of River Garden I and River Garden II/III, prime office buildings in Prague.

Representation of LaSalle Investment Management in connection with EUR 57.8 million acquisition of Palac Andel, mixed-use property in Prague, Czech Republic, from Aberdeen Asset Management Deutschland, the German subsidiary of Aberdeen Standard Investments.

Advising P3 Logistic Parks (P3) and leading global investment company TPG Real Estate (the previous owner of the P3 developer alongside Ivanhoé Cambridge) on the sale of P3 to GIC, a sovereign wealth fund established by the government of Singapore. With a transaction value of EUR 2.4 billion, this represents the largest deal on the European real estate market in 2016, and the largest real estate deal ever in the Czech Republic.

Advising 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. 

Representation of TPG Real Estate, TPG's real-estate platform, in connection with CZK 2.4 billion (EUR 93.3 million) acquisition of industrial real estate assets from Contera, a Czech industrial real estate developer, and in formation of joint venture for future real estate developments.

Representation of Amundi Czech Republic, acting on behalf of its KB realitni fond 2, in connection with the acquisition of Polygon, a modern Class A office building situated in Pankrac office district in Prague, from Mint Investments.

Representation of Klepierre, a pan-European leader in shopping malls, in connection with the disposal of Novodvorska Plaza shopping center in Prague, to Bluehouse Capital, a private equity real estate investment management firm focused in Central and Southeastern Europe.

Representation of REICO investiční společnost České spořitelny, a.s., acting for CSNF, which manages the largest Czech investment fund on the real estate market, on the EUR 164 million acquisition of the Galeria Sloneczna shopping center in Radom, Poland.