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White & Case and Schoenherr Advise on TPG Real Estate's EUR 470 Million Sale of Czech and Slovak Logistics Parks to Blackstone

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White & Case has advised TPG Real Estate on the EUR 470 million sale of CT Real Estate to funds managed by Blackstone. Schoenherr, working with Simpson Thacher & Bartlett, advised Blackstone. Talers reportedly advised TPG Real Estate as well.

Blackstone is an alternative asset manager with more than USD 1.1 trillion in assets under management.

Established in 1992, TPG is an alternative asset manager with USD 239 billion in assets under management.

CTRE is a portfolio of ten logistics parks located in the Czech Republic and Slovakia. According to White & Case, CTRE’s portfolio, which initially began in 2019 with a EUR 90 million investment in partnership with local landlord Contera, has since quadrupled to approximately 500,000 square meters of strategically located logistics facilities. 

The White & Case team included Partners Petr Panek, Vaclav Kubr, and Jan Linda, Local Partner Karel Petrzela, Counsels Magda Olysarova and Vladimir Ivanco, and Associates Barbora Vaculova and Katerina Hudeckova.

The Schoenherr team included Partners Vladimir Cizek, Sona Hekelova, and Michal Lucivjansky, Counsels Otakar Fiala, Zuzana Hnatova, and Peter Devinsky, Senior Attorneys at Law Jiri Marek, Petr Koral, and Jan Kupcik, Attorneys at Law Sebastian Speta, Kristyna Zmatlikova, Pavel Bederka, Katerina Leheckova, Natalie Dubska, Karolina Hlavinkova, Ales Prochazka, Jan Farbiak, and Tomas Silhanek, and Associates Marek Fuchs, Matus Vajci, Tatana Adamova, and Maria Gabriella Manzone.

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.

Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).

Firm's website: www.prkpartners.com

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