Commercial Leasing

Commercial Leasing

In course of last 25 years the Czech Republic has experienced substiantial real estate boom in all commercial real estate sectors. During this period hundreds of large office buildings in Prague and over a hundred shopping centers we built, encompassing all regions. Also, a very large number of logistic projects was completed as the Czech Republic has a very advantageous location in the middle of Europe. All this lead to large amount of different tenants coming to the Czech Republic seeking either offices, retails space or warehouse space.

 

Monika Rutland and Michael Novak, gained through their carriers with international law firm an extensive commercial and technical knowhow in regard to commercial leasing and thus rutland & partners is deemed on the Czech legal market to be one of the top real estate leasing firm. Monika and Michael represented within the course of last 25 years hundreds of landlords and tenants in negotiations of most complex lease agreements.

 

They represented, among many other, international clients like Unibail Rodamco, Plaza Centers, Klepierre, Immofinanz, Lordship in their leasing matters in the Czech Republic.

Key contacts

Office Leases

Office leases in the Czech Republic in the larger projects are now also of western standard due to the number of foreign clients. Office leases are usually closed for 5 or more years with early exit possibilities. The cost of fit outs and contributions is always negotiated and therefore representation by a Czech lawyer having experience in standard office leases is absolutely necessary.

 

We can assist you with:

• Due diligence of existing leases and premises
• Drafting and negotiation of Heads of Terms
• Drafting of new leases both for both landlords and tenants
• Lease renewals
• Termination Notices

Retail Leasing

 

Retail leasing is a specialty of rutland & partners. Due to our long term and thorough experience working both with international landlords and local tenants, we understand the leasing requirements of the most sophisticated retail landlords and can assure, both landlord and tenant clients, of quick and favorable negotiation results. We try to avoid lengthy, unproductive negotiations and offer effective solutions to the clients. We can advise clients that are new to the Czech Republic on all standard terms of retail leases in the Czech Republic, including, fit outs, deposits and alterations.

 

Our experience is namely in:

• Due diligence of existing leases and premises
• Drafting and negotiation of lease Heads of Terms
• Representation of landlords in leasing of large shopping centers (Cerny most, Chodov, Metropole, Forum Liberec references)
• and Stop & Shops
• Representation of tenants in leasing of retail premises
• Lease renewals
• Termination Notices

Land and Forest Leases

The land in the Czech Republic is leased for agricultural purposes, forests for wood exploitation. We represent several private clients owning large plots of agricultural land forests in long term rents to wood processing companies or agricultural enterprises.

Production Facilities Leases

We have also assisted clients in leasing of production facilities in the Czech Republic, mainly in the field of engineering and electronics production.