Real Estate
Europe Guide 2024 : Central & Eastern Europe
Band 2
Email address
[email protected]Contact number
+44 20 7367 3000About
Provided by CMS
We’ve been here advising global corporations and investors in CEE for over 25 years. With more than 100 real estate lawyers across 15 full-service offices in CEE (more than any other international law firm), we understand the business landscape of the region inside out.
We take pride in providing consistent legal advice across borders, coordinated from your home market. Whether you are in the retail, residential, hotels, infrastructure, care home, office, logistics, renewable energy or student accommodation sectors, we have the specialists to help.
Our multi-jurisdictional teams adhere to the same templates, processes and standards, including project management. This means we can deploy specialist teams to advise you immediately, irrespective of where the real estate assets are. We will guide you through tax, planning, debt financing, construction and management issues in addition to your traditional real estate portfolio and property management work.
In the course of 2017 our practice went through substantial changes. In the UK, CMS merged with the law firms Nabarro and Olswang on 1 May 2017, creating a new firm that is the sixth largest in the UK by revenue. The CMS Real Estate and Construction practice is the largest real estate specialist team in Europe and one of the biggest worldwide.
Chambers Review
CMS offers a wide-ranging practice, assisting clients across the region with international portfolio transactions as well as significant investments in the sector. The law firm offers expertise spanning CEE, including a top-tier team in Hungary and additional prowess in Poland, the Czech Republic, Bosnia, Croatia, Bulgaria and Romania. Core clients for CMS include major developers and investors. The law firm is particularly active in the logistics sector but also assists with transactions involving retail and residential.
Work Highlights
- CMS advised PIMCO Prime Real Estate on its acquisition of eight newly developed logistic properties in CEE, valued at EUR70 million.
Strengths
Provided by Chambers
"The firm engages with us for each situation, understanding where we want to be and want to go."
"We like them being a global firm and appreciate the level of internal communication. We have a main point of contact responsible for us everywhere in the region."
"Across territories, we had at our disposal members throughout the hierarchy, with associates and other junior members, mid-level members such as managing associates, through to partners. It is clear that CMS is a well-oiled machine."
"The firm engages with us for each situation, understanding where we want to be and want to go."
"We like them being a global firm and appreciate the level of internal communication. We have a main point of contact responsible for us everywhere in the region."
"Across territories, we had at our disposal members throughout the hierarchy, with associates and other junior members, mid-level members such as managing associates, through to partners. It is clear that CMS is a well-oiled machine."
Notable Practitioners
Lukáš Hejduk undertakes pan-CEE transactions and developments on behalf of international investors and real estate funds from his base in Prague.
"He is a great lawyer who always try to do things the right way, even if it is not the easiest, and always comes up with a scenario which looks simple but was hard work."
Ranked Lawyers at
CMS
Central & Eastern Europe
Members
Provided by CMS
Clients
Provided by CMS
Invesco, Allianz, Deutsch Pfandbriefbank, Erste, OTP
PGIM, FM Logistics, DEKA Immobilien, Futureal, Panattoni
Pradera, Prologis, Bluehouse, Futureal, UNION Investment