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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Austria > Real estate > Law firm and leading lawyer rankings

Editorial

Index of tables

  1. Real estate
  2. Leading individuals
  3. Next generation lawyers

Who Represents Who

Find out which law firms are representing which Real estate clients in Austria using The Legal 500's new comprehensive database of law firm/client relationships. Instantly search over 925,000 relationships, including over 83,000 Fortune 500, 46,000 FTSE350 and 13,000 DAX 30 relationships globally. Access is free for in-house lawyers, and by subscription for law firms. For more information, contact david.burgess@legal500.com.

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DSC Doralt Seist Csoklich RechtsanwÀlte GmbH provides assistance with a broad range of contentious and non-contentious matters and focuses on domestic and cross-border transactional work. Frequent instructions include advising listed property companies and investment funds on forward purchase agreements, share and asset deals alongside real estate financing. Wilfried Seist is the main contact.

Particularly rated for its ‘analytical competence’, Schoenherr (Schönherr RechtsanwĂ€lte)’s ‘very good’ practice draws on a wealth of expertise acting for investors and development companies on the full spectrum of real estate work. Managing partner Michael Lagler, who co-heads the team with Peter Madl, advised Deka Immobilien on the acquisition of DC Tower 1 in Vienna, the tallest hotel and office building in Austria, from a UniCredit Bank Austria subsidiary. Counsel Arabella Eichinger is recommended.

Wolf Theiss’ ‘very professional’ and sizeable team is frequently involved in the market’s most significant transactions, having substantial domestic and cross-border capabilities and the ability to call on colleagues in the firm’s solid corporate, finance and construction practices. ‘Convincing negotiator’ and ‘pragmatic’ team head Peter Oberlechner, who attracts praise for his ‘extensive experience’ and ‘strategic approach’, advised Union Investment Real Estate on the purchase of the office project development QBC 3 as a forward deal. Counsel Birgit Kraml and Karl Binder are recommended. Gabriele Etzl joined Jank Weiler Operenyi in November 2017.

CHSH Cerha Hempel Spiegelfeld Hlawati’s broad offering includes advice on sales and acquisitions, project developments, financing agreements alongside residential and commercial lease matters. Team head Peter Vcelouch advised Lidl Austria on several real estate development projects and acquisitions, while Manfred Ton assisted IC Development with its sale of the Denk Drei office complex in Vienna to ARE Austrian Real Estate. The ‘sharp-minded’ Mark Krenn is recommended.

Dorda is ‘highly recommended’ for transactional work. Recent highlights include advising S IMMO on the sale of the OMV headquarters in Vienna to Deka Immobilien, and acting for the portfolio management company Amundi Real Estate in its purchase of two AccorHotels from UBM Development. Klaus Pfeiffer and ‘good negotiator’ and team head Stefan Artner assisted ARE Austrian Real Estate with the forward purchase of office project Denk Drei.

‘Knowing real estate law like the back of its hand’, Vavrovsky Heine Marth RechtsanwĂ€lte’s ‘strong, dedicated and proactive’ team is well equipped to guide its clients, notably national and international real estate funds, through the entire real estate life cycle and focuses on transactional support. Practice head Christian Marth is a ‘real estate whiz’ as well as an ‘eloquent communicator’ and ‘keeps clients’ goals in mind’. Other key individuals include the ‘experienced and reliable’ Nikolaus Vavrovsky and the ‘analytical and professional’ Daniela Kager, who is ‘most pleasant to work with’.

Baker McKenzie ‱ Diwok Hermann Petsche RechtsanwĂ€lte LLP & Co KG utilises its strong retail sector know-how to advise tenants alongside investors and developers on various real estate matters including lease agreements, but also has deep urban development expertise. ‘Experienced, pragmatic and focused’ team head Stephan GrĂ¶ĂŸ advised Michael Kors on lease agreements and assisted Kerbler with the sale of Seeparkcampus West in Seestadt Aspern to ERSTE Immobilien.

With transactional work at its core, Binder Grösswang advised Corestate Capital on the sale of a student residence in Vienna, and assisted Leasinvest Real Estate with the purchase of shopping mall Frunpark Asten. In other work, Tibor Fabian, who co-heads the team with Markus Uitz, advised Starbucks Coffee on rent and lease matters.

CMS works in close co-operation with the firm’s construction team and has a strong profile for transactional and lease agreement work, advising construction firms, property investors and developers as well as hotel operators and owners, among others. Johannes Hysek advised Allianz Real Estate Estate Germany on the purchase of office project The Icon Vienna. Nikolaus Weselik is another key member of the team.

Noted for its quick ‘response times’, Eisenberger & Herzog is best known for its transactional expertise but also handles project development work. Michael Strenitz, who co-heads the team with ‘great negotiator’ Alric Ofenheimer, advised investor group Pecik on the development and sale of various luxury apartments in Vienna. Clemens LanschĂŒtzer is ‘dedicated’.

Recommended for ‘large and complicated transactions’, Freshfields Bruckhaus Deringer frequently acts for investors, developers, retailers and property companies. Highlights included advising Immobilien Holding on the sale of its real estate portfolio to a group of investors, and assisting UniCredit Bank Austria with its sale of a non-core real estate portfolio consisting of approximately 80 assets in various international tender proceedings. The recommended Thomas Zottl and counsel Felix Neuwirther co-head the team.

Nemetschke Huber Koloseus Attorneys at Law is well versed in advising developers, funds and investors on real estate development matters and transactions: in recent work, Alexandra Huber advised developer C&P Immobilien on the development and purchase of a residential building. Alfred Nemetschke is another key member of the team.

Arnold Rechtsanwaelte GmbH handles real estate transactions, development projects and leasing contracts with real estate development company Signa among its long-term clients. Florian Arnold is the main contact.

DLA Piper Weiss-Tessbach acts for a broad range of clients including investment firms, developers and property management companies in transactions, lease agreements and litigation. Oskar Winkler heads the team.

Having specialist expertise in the retail sector, Graf & Pitkowitz covers transactions and contract work while also representing clients in litigation such as landlord and tenant disputes. ‘Confident negotiator’ and practice co-head Martin Förster advised Regus on lease contracts with landlords and lease renewals, among other work. Co-head Nikolaus Pitkowitz is ‘patient and efficient’ and ‘never gives up’.

Graf Patsch Taucher RechtsanwÀlte is particularly active in the hotel and residential property sectors, where it predominantly advises on lease agreements and transactions. Team head Alexander Patsch advised Bierwirth & Kluth on leasing matters pertaining to a hotel building near Vienna International Airport.

Saxinger, Chalupsky & Partners (SCWP Schindhelm) is experienced in advising private and institutional real estate investors and developers on transactions and project development work. The team assisted Immofinanz with the acquisition of a real estate portfolio in Hungary and Romania. Immanuel Gerstner is the key contact.

Bock Fuchs Nonhoff RechtsanwÀlte OG covers a broad range of real estate work, including transactions, development projects and leases. The team advised Deka Immobilien Investment on the sale of the A1 Telekom Austria site in Vienna to a subsidiary of Reitenburg. Johannes Fuchs and Gerhard Bock are recommended.

Brand RechtsanwÀlte GmbH is dedicated to residential and commercial real estate transactions, landlord and tenant matters as well as development and contentious work. Gabriele Brand-Ogris and Birgit Harasser are the key contacts.

KWR Karasek Wietrzyk RechtsanwÀlte GmbH frequently advises on residential and office property transactions. Paul Schmidinger heads the team.

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Press releases

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Legal Developments in Austria

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • AUSTRIAN DATA PROTECTION AUTHORITY ISSUED THE "BLACK LIST"

    Processing operations subject to the requirement of a data protection impact assessment.
    - Dorda
  • Rien ne va plus!

     
    - Dorda
  • DORDA advises on the acquisition of Austrian office properties Denk Drei

    Stefan Artner , Partner and Head of the Real Estate Practice Group, and real estate attorney Klaus Pfeiffer of DORDA advised Austrian Real Estate Development GmbH ( ARE , a subsidiary of Bundesimmobilien-Gesellschaft, the Austrian privatization agency) on the acquisition of the Denk Drei office properties from IC Development . The successful closing of the forward purchase transaction took place on April 30, 2018. The parties have agreed not to disclose the purchase price.
    - Dorda
  • Austrian "White List"

    Exceptions from the OBLIGATION TO CARRY OUT A data protection impact assessment
    - Dorda
  • Stop! Wait! Move! – No longer Stamp Duty for Residential Homes

    On 12 October 2017, right in a last minute attempt to win undecided voters for one of the political parties, the leaving members of parliament enacted a new tax law. While fundamental changes to the Austrian Tenancy Law had been vividly discussed between the socialist and the conservative parties in recent years, the new law on the abolition of stamp duty falls completely short of what could have been achieved.
    - Dorda
  • European Court of Human Rights: Employers have limited rights to monitor employee communications at

    A landmark decision was issued yesterday (Judgement Bărbulescu v. Romania), a source of debate in the media , in which the European Court of Human Rights clarified the restrictions on monitoring employees in the workplace.
  • Potential Hurdle for Acquisitions in Hungary by Non-EU and Non-EEA Investors

    The Hungarian Ministry of the Interior recently submitted a legislative proposal to the Hungarian Government to amend the Act on Hungarian National Security Services (the " Proposal "). The Proposal suggests an amendment pursuant to which investors from non-EU and non-EEA countries who wish to invest in Hungary would have to obtain prior permission from the minister responsible for national security (the " Minister .
  • EU: High-Level Expert Group on Sustainable Finance delivers early recommendations

    On 13 July 2017, the High-Level Expert Group (" HLEG ") on Sustainable Finance published its interim report (" Interim Report ") setting out concrete steps to create a financial system that supports sustainable investments. This Legal Insight is part of our dedicated newsletter series on the European Capital Markets Union (" CMU "). Background The growing awareness of environmental challenges and sustainability risks as well as the adoption of the UN 2030 Agenda and the conclusion of the Paris Climate Agreement by the EU in 2015 call for an EU strategy on sustainable finance. Establishing an EU strategy on sustainable finance is a priority action of the CMU. In December 2016, the HLEG was established to advise on the development of such an EU strategy . The recently published HLEG Interim Report was recently presented in a public hearing on sustainable finance on 18 July 2017. At the same time, the HLEG presented an online questionnaire on the Interim Report aimed at obtaining targeted feedback until 20 September 2017, which would be reflected in the final report of the HLEG scheduled for publication by the end of 2017.
  • Serbian Competition Authority Steps Up Antritrust Enforcement

    The Serbian Commission for Protection of Competition (the " Commissio n") recently intensified its antitrust activities before the new Administrative Act came into effect. In one week alone the Commission initiated four antitrust cases and conducted two dawn raids. 1. What/who will be on the Commission's radar?
  • First Annual Privacy Shield Review to take place in September 2017

    One of the core principles of the EU-US Privacy Shield (" Privacy Shield ") is its Joint Review mechanism, which obliges the European Commission, the US Department of Commerce and the Federal Trade Commission to jointly review the functioning of the Privacy Shield on an annual basis, together with its national security and law enforcement aspects. The very first Joint Review is scheduled for September 2017. This first review is considered especially important, as it will be the first opportunity for US and EU regulators to closely analyse the operation of the Privacy Shield, address possible concerns about its functioning, and seek to ensure that the Privacy Shield continues to be a valid legal basis for transfers of personal data from the EU to the US.

Press Releases in Austria

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
  • fwp extends its expertise by appointing a new junior partner from its own ranks

    Vienna, September 2018. Motivated and energetic - this is how the new junior partner of Fellner Wratzfeld & Partner (fwp) presents himself. One of Austria’s leading law firms acclaims Clemens Gabriel’s new status as attorney-at-law registered since 19 September 2018.
  • fwp strengthens areas of competence by appointing a new junior partner from its own ranks.

    Vienna, September 2018. Fellner Wratzfeld & Partner (fwp) adds valuable competence and expertise to the team by promoting Michael Froner to junior partner.
  • Slovakia: Schoenherr advises AlbĂ©a on the acquisition of Scandolara Slovakia

    Schoenherr Bratislava has advised the Albéa group ("Albéa") on the acquisition of 100 % of the shares in SCANDOLARA TUB-EST, s.r.o. ("Scandolara"), a Slovak subsidiary of the Italian Scandolara Group, which produces laminate tubes. read more...
  • Schoenherr assists Republic of Austria in offer to HETA-creditors

    On Friday, 2 September 2016, the Austrian Finance Minister has given the green light to finance a public offer by KÀrntner Ausgleichszahlungs-Fonds (KAF) to HETA creditors pursuant to § 2a of the Austrian Financial Market Stability Act. The offer will implement the Memorandum of Understanding (MoU) concluded in May 2016 between the Austrian Minister of Finance and a significant number of creditors of debt instruments issued by HETA ASSET RESOLUTION AG (HETA) that are subject to a regional law deficiency guarantee. The offer will be published by KAF on Tuesday, 6 September 2016.  read more...
  • Austria: Schoenherr advises banking consortium on issuance of EUR 500 million mortgage covered bond

    Schoenherr advised an international banking consortium comprising Commerzbank Ak-tiengesellschaft (technical lead), Barclays Bank plc, Crédit Agricole CIB and CaixaBank SA as Joint Lead Managers on the successful issuance of a EUR 500 million fixed-rate mortgage covered bond ( Pfandbrief ) by Vienna-based Erste Group Bank AG (closing date: 9 September 2015). The bond was placed with institutional investors and listed on the Second Regulated Market of the Vienna Stock Exchange.  read more...
  • Austria: JUVE confirms Schoenherr's leading role in Austrian legal market and among corporate/M&A pr

    JUVE, the premier German-language legal business publication, ranks Schoenherr as the  leading law firm in Austria  and recognises the firm's Corporate/M&A practice for being at the very  apex of the country's transactional practitioners . In the newly-released 2015 edition of its annual 150-page handbook on corporate law firms in Austria, JUVE identifies Schoenherr as having generated the highest revenues among the country’s 15 largest law firms, thanks not least to Schoenherr's advisory role in a large selection of the headline transactions and restructurings during 2014/15.  read more...
  • Austria: Schoenherr advises Allianz Capital Partners on its first acquisition of wind parks in Austr

    Schoenherr advised Allianz Capital Partners (ACP) on its acquisition of four wind parks in the Austrian state of Lower Austria from ImWind, one of the country’s largest wind farm operators, with a portfolio of 320 MW in operation. read more...
  • Austria: Schoenherr advises UNION Investment on prominent real estate transactions in Vienna

    Schoenherr has advised UNION Investment Real Estate GmbH, one of Europe's leading property investment management companies, on several prominent real estate acquisitions that the Hamburg-based group has made in Vienna. In addition to space2move, Schoenherr has also advised UNION Investment. read more...
  • Austria: Schoenherr advises Cimpress on its acquisition of Austria's Druck.at

    Schoenherr advised Cimpress N.V., a world leader in mass customization, on its acquisition of Druck.at, one of the leading web-to-print businesses in Austria. The transaction, which was announced on 18 March 2015, closed on 17 April 2015 following the successful achievement of various closing conditions including Austrian antitrust clearance. The acquisition supports Cimpress’ strategy of building a software-enabled operational platform that aggregates and optimizes the supply chain and production of mass customized products such as signage, printing, apparel and promotional products. read more...
  • CEE: Schoenherr named Leading Law Firm in South East Europe by Chambers

    Schoenherr has been recognized as " South East Europe Law Firm of the Year " (2015) by the renowned legal publisher Chambers and Partners . Schoenherr lawyers Monica Cojocaru (partner; Bucharest), Miloơ Laković (partner, Moravčević, Vojnović & partneri OAD in cooperation with Schoenherr; Belgrade) and Marko Pruơnik (partner; Ljubljana) accepted the award on behalf of the firm at the Chambers Europe Awards event held this past Friday evening at Amsterdam’s Hotel Okura. read more...