Real Estate

PRK Partners is a full service business law firm with an especially strong real estate practice. PRK Partners’ real estate team has built its reputation by providing timely and efficient solutions. Our clients rely on us because we can provide valuable advice throughout the entire cycle of property acquisition, development, operation and sale. Our real estate team works closely with all our other leading practice groups to ensure our clients receive comprehensive and knowledgeable advice on all matters that arise on any real estate project.

Property Purchase

Independent title review*
Corporate review of property holding company*
Purchase contracts and kadastral transfers
Escrow settlement services

*Acquisition due diligenc

Site Assembly and Preparation

Future (conditional) purchase contracts
Coordination and settlement of multiple acquisitions
Property surveys and studies
Greenfield development
Brownfield remediation and development
Infrastructure delivery

Project Structuring

Shareholders’ agreements, joint venture structures and
co-development agreements
Formation and corporate governance of project/property SPVs
Corporate maintenance services
Tax structuring support
Exit planning and preparation

Planning

Project planning and consultation
EIA applications and hearings
EU and state incentives
Energy supply planning
Government relations and public matters

Permits

Zoning (Land use) application assistance and review
Construction permit application and review
Occupancy and use permit issuance advice
Appeals and judicial review of decisions and opinions

Construction

Tender planning and execution
Application assistance and review
Construction agreements (including FIDIC)
Dispute mediation and representation
(including arbitration proceedings)
Payment and performance bonds and guarantees, including handling of bond replacement procedures

Property Operation

Building cooperative (Condominium) formation and governance
Property management, service and supply agreements
Easement and encumbrance creation
Shared facility arrangements

Leasing

Shopping center leases and guarantees
Commercial leases
Industrial site leases
Sale and lease-back structures
Operational leases (hotels and other facility management arrangements)

Retail Sales

Customized full service sales and property transfer registration programs for volume retail sellers of residential property

Financing

Bank loans
Preparation and registration of security instruments
IPOs and bonds
Rent securitization

Dispositions

Information memorandum preparation and certification
Physical data room assembly and management
Project sale
Forward sale agreements
Exit structuring and settlement

Notable Experience — sample list

Advised on a joint venture between the City of Brno and a French investor in connection with the construction of a water treatment facility and other water distribution infrastructure that the EBRD had agreed to finance.
Assisted KSR International on all aspects of a brown-field investment in the Opava region, including the handling of the acquisition, permitting and construction
Represented a leading international auto parts manufacturer in a green-field investment that resulted in the construction of two major new facilities in our region
Legal advice relating to various leases for H&M’s newly-opened retail spaces in both the Czech Republic and Slovakia
Assisted Pinnacle, a leading Czech developer, on the financing and construction of two large warehousing/logistics projects in the Czech Republic - Northpoint D8 Distribution Park (150,000m2) and Southpoint D1 Distribution Park (170,000m2).
Helped Komercni Banka in structuring security for EUR 20 million in financing for a real estate project.