Real Estate
Europe Guide 2024 : Austria
Band 3
Email address
[email protected]Contact number
+43 1 514 350About
Provided by CERHA HEMPEL
The CERHA HEMPEL real estate team handles this multi-faceted area of law through every stage of a project.
Beginning with the acquisition of land, we support our clients in everything from project development, negotiating and drafting financing agreements, preparing planning and construction agreements, to residential and commercial leases.
Our core areas of expertise include handling landlord-tenant disputes and construction litigation, as well as assisting with claims management.
CERHA HEMPEL has outstanding contacts with the major market players, including investors, property developers and agents, as well as architects and civil engineers.
This also enables us to offer our clients project management services.
A particular strength of our Real Estate practice lies in cross-border transactions in the Central and Eastern European (CEE) region. Our in-depth understanding of the unique complexities and nuances of the CEE real estate market, combined with our extensive regional network, enables us to provide exceptional service and support to our clients in their international ventures.
Chambers Review
CERHA HEMPEL houses a respected real estate practice, often advising domestic and international investors, retailers and technology companies as well as start-ups. The team offers particular expertise in the sale and acquisition of real estate properties throughout Austria including residential complexes, manufacturing facilities, hotels and logistics centres. Forward purchase transactions and lease agreements as well as management contracts in relation to hotel operations are also handled by the firm. CERHA HEMPEL also has expertise in development projects and M&A transactions involving expansive real estate portfolios. Due to its reach across the CEE region, the firm is particularly well placed to handle cross-border mandates.
Work Highlights
- CERHA HEMPEL advised CA Immo on the sale of its Austrian headquarters to Peek & Cloppenburg's real estate investment arm, Horn.
Strengths
Provided by Chambers
"The team's collective knowledge and experience ensure that all aspects of our legal needs are expertly addressed."
"The real estate team at CERHA HEMPEL has a business-centric view to the law."
"The client service is exceptional. The team is not only responsive and attentive but also anticipates our needs, ensuring a seamless legal support experience."
"Their dedication to client satisfaction is evident in their proactive approach and the personalised solutions they provide."
"The team's collective knowledge and experience ensure that all aspects of our legal needs are expertly addressed."
"The real estate team at CERHA HEMPEL has a business-centric view to the law."
"The client service is exceptional. The team is not only responsive and attentive but also anticipates our needs, ensuring a seamless legal support experience."
"Their dedication to client satisfaction is evident in their proactive approach and the personalised solutions they provide."
Notable Practitioners
Mark Krenn often advises investors on the sale and acquisition of real estate assets as well as forward funding transactions.
"Mark is an excellent contract negotiator and brings clarity even to complex matters with an outstanding commercial awareness."
"Mark is a true expert in his domain - he knows the market players and has vast legal knowledge."
"He always tackles a project with the commercial goal in mind, is a strong negotiator and is always very well prepared."