Real Estate
Europe Guide 2024 : Austria
Band 1
Email address
[email protected]Contact number
+43 1 534 37 0About
Provided by Schoenherr
The real estate & construction practice group is highly regarded across CEE/SEE. It enjoys high visibility in the region's largest and most important transactions and development projects. The team advises clients on all legal aspects of their real estate business.
The main focus is advising developers and investors on the acquisition and sale of real estate via asset and share deals, forward purchases and fundings, distressed transactions, including tax structuring and financing; the development and operation of real estate projects, including permitting and building contracts (design, construction and operation), including built-to-suit; lease agreements; sale and leaseback; and claim management. Schoenherr also represents employers and contractors, sellers and purchasers, landlords and tenants as well as other participants in real estate-related litigation and arbitration.
Chambers Review
With its expansive bench strength, the law firm Schoenherr is in a prime position to take on large-scale real estate mandates. The team is highly active on the sale and acquisition of commercial and residential properties including hotels and office complexes as well as entire real estate portfolios across Austria. Property redevelopments and urban development projects also fall within the firm's outstanding offering. Furthermore, clients benefit from the team's experience in real estate project financings. Thanks to its strong office network across the CEE region, Schoenherr is formidably placed to handle cross-border real estate deals. The firm is frequently mandated by real estate investors and property owners as well as prominent Austrian corporates.
Work Highlights
- Schoenherr advised investment platform Slate Asset Management on the acquisition of a portfolio of real estate assets in Austria and Slovakia with a value of EUR90 million.
Strengths
Provided by Chambers
"The lawyers at Schoenherr have comprehensive knowledge and many years of experience in complex matters."
"The team has good negotiation skills, high expertise and a pragmatic approach."
"The department has very good knowledge and you feel very well advised and supported."
"The lawyers at Schoenherr have comprehensive knowledge and many years of experience in complex matters."
"The team has good negotiation skills, high expertise and a pragmatic approach."
"The department has very good knowledge and you feel very well advised and supported."
Notable Practitioners
Reputed for his real estate legal knowledge, Peter Madl holds a wealth of experience in high-end acquisitions, sales of real estate assets, lease agreements and buy-to-let structures.
"Peter Madl is a very experienced and knowledgeable negotiator. We have appreciated his skills in particular in our complex contract negotiations."
Michael Lagler is renowned for his considerable strength in large real estate transactions concerning residential complexes, logistics centres and development projects. He is especially active across the entire CEE region.
"He is an experienced real estate deal maker."
"Michael Lagler is exceptional at understanding his clients' needs and wishes."
Ranked Lawyers at
Schoenherr
Austria
Members
Provided by Schoenherr
Clients
Provided by Schoenherr
ARE / Milestone
Amundi
BVK-Europa I-Immobilienfonds S.C.S
Bank Austria Real Invest Immobilien-Kapitalanlage GmbH
Bena Hubs
Catella Group
Deka Immobilien
Dream Global
ERGO Versicherung AG
Erste Group Immorent AG
GA Capital
GBI AG
Hanse Merkur Grundvermögen
Hyatt International
IC Development GmbH
INVESTER United Benefits GmbH
Motel One GmbH
PFI Port Folio
Prologis
RREEF Investment GmbH
Raiffeisen
SICAV RAIF Teilfonds ROA
Savills Investment GmbH
Slate Asset Management
Swiss Life Kapitalverwaltungsgesellschaft mbH
TRIUVIA (former IVG Institutional Funds GmbH)
UNION
UNIQA
Unger-Unternehmensgruppe
UniCredit Bank Austria AG
Vermehrt Group
Österreichischer Rundfunk – ORF (Austrian Broadcasting)
Industries
Provided by Schoenherr
Banks
Construction & Materials
Energy
Financial Services
Forestry & Paper
Government
Health Care
Insurance
Media
Private Clients / Individuals
Real Estate
Real Estate Finance
Retail
Travel & Leisure
Utilities