INDUSTRY
Real Estate
& Construction
PRK is well established in the real-estate and construction sector. Our real estate team, comprised of over 30 practitioners, regularly helps major developers, landlords and banks. We benefit from being a local firm that understands the regulations affecting the industry in our region.
We believe in working with our clients throughout the entire lifecycle of real-estate projects. This commitment delivers results. We advise on matters relating to development, land use and permissions, commercial leasing and asset management, infrastructure, construction, environmental regulations, financing and sale. Our industry knowledge in real estate extends beyond our dedicated real estate lawyers to the experts in our Finance department, who can help with securing project and development financing.
References
We advised Raiffeisenlandesbank Niederösterreich-Wien AG on the financing of a real-estate portfolio comprising the companies CTP Teplice I, CTP Property II, CTP Brno III, CTP Brno IV and CTP Invest IX.
Assisted Holcim (now LafargeHolcim) in connection with the divestment of their Czech operations to Cemex, including a cement plant, 17 ready-mix concrete sites and four aggregates sites. The transaction forms part of a series of transactions also involving Holcim's acquisition of Cemex's operations in Western Germany and Cemex's acquisition of certain assets of Holcim in Spain. In this connection we also represented the Holcim group in merger approval proceedings before the Czech antitrust authority.
We provide ongoing legal advice to Komerční banka on its financing of an extensive residential development project in Prague known as the British Quarter, consisting of an extensive residential complex and related infrastructure. The project is being carried out by FINEP HOLDING and Ungelt Services.
We advised Galerie Butovice, a Czech company from Cromwell Property Group, a leading Australian property investment and funds management group, with respect to the construction and long-term lease of a new three-storey retail building in Prague to be fully let to Kika, a member of Steinhoff group, the second largest furniture retailer in the world.
Our law firm provided comprehensive legal advice to the SATPO development group on the acquisition of a large residential portfolio in Prague's Písnice housing estate. SATPO is working closely with the WOOD & Company investment group on this exceptional project. This is the largest residential real estate transaction in the Czech Republic to date in 2026. The subject of this extensive acquisition from the CIB GROUP investment group comprised 16 apartment buildings with 760 residential units and land plots in close proximity to the planned Písnice metro station on Line D, offering extraordinary potential for the future revitalisation and development of the entire locality. Our legal support encompassed complete transactional services. We assisted the client from the initial due diligence phase and competition law analysis through the preparation of the complete transactional documentation and the securing of acquisition financing, to setting up the joint venture structure with WOOD & Company and structuring the newly established WOOD & Company City – OPF fund, which is the new owner of the project. This complex transaction was successfully carried out by a large team of our experts under the leadership of partner Robert Němec. The joint venture structure was prepared by partner Martin Kříž. Tomáš Bureš, Michaela Ericssonova, Kateřina Hájková, Martina Javorová, Petra Kerndlová, Filip Šilhavý and Tereza Veselá also played significant roles in the transaction and due diligence.