Segro Expands Czech Footprint with New Logistics Park Acquisition
Deal News | May 29, 2025 | CEE Legal Matters
Dentons, a prominent international law firm, has successfully advised Segro European Logistics Partnership (SELP) on acquiring a logistics park in Sazava, located near Prague, from the UDI Group. This strategic move significantly boosts SELP's presence in the Czech Republic, augmenting its total leasable space by nearly 30% to exceed 215,000 square meters. The Segro Logistics Park Prague, Sazava covers an area of nearly 13 hectares, comprising four high-quality warehouse buildings offering a leasable area of 46,500 square meters. Dentons, having an illustrious track record in logistics and real estate transactions, has previously assisted in significant deals such as advising P3 Logistic Parks on entering the UK market via acquiring assets from Segro. The legal team from Dentons involved in this most recent transaction included key figures such as Jiri Strzinek, Marketa Tvrda, and other associates, reflecting the firm's robust expertise and international presence.
Sectors
- Real Estate
- Logistics
- Legal Services
Geography
- Czech Republic – The logistics park acquisition is located in Sazava near Prague, significantly impacting and expanding Segro's footprint in the Czech market.
- Europe – As part of Segro European Logistics Partnership, the deal is part of broader European logistics strategy.
Industry
- Real Estate – The acquisition of a logistics park is a real estate transaction involving warehousing facilities, impacting the real estate sector significantly.
- Logistics – The focus on logistics parks highlights the logistics industry's growth and the strategic importance of acquiring logistical assets.
- Legal Services – Dentons' advisory role in the acquisition underscores the importance of legal services in facilitating such transactions.
Financials
- 215,000 square meters – Total leasable space of Segro in Czech Republic after acquisition.
- 46,500 square meters – Leasable area of Segro Logistics Park Prague, Sazava.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Dentons | Legal Advisor | Company | An international law firm providing legal advisory services for the transaction. |
| Segro European Logistics Partnership (SELP) | Target Company | Company | The logistics company expanding its footprint through this acquisition. |
| UDI Group | Selling Company | Company | The owner of the logistics park sold to SELP. |
| Jiri Strzinek | Co-Managing Partner, Dentons Czech Republic | Person | Co-Managing Partner involved in the transaction. |
| Marketa Tvrda | Partner, Dentons | Person | Partner at Dentons involved in advising on the deal. |