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Deal Date: 08-11-2016 Practice Area: Real Estate
Deal Title: Sale of P3 Logistic Parks to GIC Industry: Real Estate Investment & Services
Description:
White and Case LLP advised P3 Logistic Parks and leading global investment company TPG Real Estate on the sale of P3 to GIC, a sovereign wealth fund established by the government of Singapore. With a transaction value of EUR2.4 billion (nearly 65 billion Czech crowns), this represented the largest deal on the European real estate market in 2016 (to that date), and the largest real estate deal to date in the Czech Republic.
Financial Center: Prague Value: 1000.01-5000.00
Advised Party: Seller Law Firm
Real Estate Jurisdiction Czech Republic Purchaser Jurisdiction Singapore
Classification: Real Estate Acquisitions and Disposals Warehouses
Lawyer Petr Panek