Schoenherr advised Blackstone on the acquisition of CT Real
Estate / CONTERA Parks, a portfolio of ten logistics parks, for
approx. EUR 470m from TPG Real Estate and Contera.
In addition to assisting with the negotiation of the purchase
agreement with the sellers, Schoenherr provided extensive advice on
the commercial and real estate law aspects of the transaction,
including legal due diligence of the portfolio.
"We were thrilled to support Blackstone on this major
transaction, which is one of the largest real estate transactions
this year in the Czech and Slovak markets as well as the wider CEE
region," said partner Vladimír Čí~ek,
who co-led the legal team.
Blackstone is the world's largest alternative asset manager
with more than USD 1.1tn in assets under management. Its global
investment strategies focus on real estate, private equity,
infrastructure, life sciences, growth equity, credit, real assets,
secondaries and hedge funds.
Established in 1992, TPG is a leading global alternative asset
manager with USD 239bln in assets under management.
Contera, founded in 2009, is a developer and an investment group
focusing on commercial properties in the Czech Republic and
Slovakia.
The Schoenherr team advising on the transaction was co-led by
Vladimír Čí~ek (partner) and Jiří
Marek (senior attorney at law), and further consisted of Petr
Korál (senior attorney at law), Jan Kupčík
(senior attorney at law), Otakar Fiala (counsel), Sebastian `peta
(attorney at law), Kristýna Zmatlíková
(attorney at law), Pavel Bederka (attorney at law), Kateřina
Lehečková (attorney at law), Natálie
Dubská (associate), Karolína Hlavinková
(associate), Alea Procházka (associate), Soňa
Hekelová (partner), Zuzana Hnátová (counsel),
Michal Lučivjanský (partner), Peter Devínsky
(counsel), Ján Farbiak (attorney at law), Tomáa
`ilhánek (attorney at law), Marek Fuchs (associate),
Matúa Vajči (associate), Taťána
Adamová (associate) and Maria Gabriella Manzone
(associate).
The buyer was represented by Simpson Thacher & Bartlett LLP (as
lead counsel), while the sellers were represented by White&Case
and Talers.
PRESS RELEASE
27 December 2024
Schoenherr Advises Blackstone On EUR 470m Acquisition Of CT Real Estate/CONTERA Parks Logistics Parks Portfolio From TPG Real Estate And Contera
Schoenherr Attorneys at Law
Contributor
We are a full-service law firm with a footprint in Central and Eastern Europe providing local and international companies stellar advice. As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.
Schoenherr advised Blackstone on the acquisition of CT Real Estate / CONTERA Parks, a portfolio of ten logistics parks, for approx. EUR 470m from TPG Real Estate and Contera.