Real estate in Austria

DORDA Rechtsanwälte GmbH

DORDA Rechtsanwälte GmbH has a particular emphasis on transactional work in the retail, office, residential and hotel sectors but the team is also experienced in handling lease matters for national and international clients such as corporates and retailers. Clients in the transactional space include real estate and construction companies as well as asset management companies and funds. Team head Stefan Artner also co-heads the construction practice, which translates into mandates at this intersection such as project developments and forward deals. He receives regular support from junior partner Magdalena Brandstetter, who handles a wide range of tenancy law, real estate M&A and construction law.

Practice head(s):

Stefan Artner


‘Responsiveness, commercial awareness, industry knowledge, cross-border capability.’

‘We have been working with Dorda for several years now: Response by Dorda and the results were always great. The real estate team is known for high-quality work, and we can confirm that they provided very good work and are always available for us. We can come to the team with any request – and they deal with it whatever the legal questions.’

‘Deep knowledge.’

‘Dorda is local in the sense of being extremely well connected in Austria, but with an international mindset. They are pretty stable in terms of partner and associate work force which makes cooperation easier than in a changing environment. The quality of the various experts is very consistent and high, which is very important for us. The Dorda partners know how things are dealt with in the countries of their international clients, enabling them to explain very efficiently what decisions are required from the clients and what the consequences are.’

We value Stefan Artner for his precise knowledge and years of experience. It is always great to work with him and we appreciate his ability to view legal issues from a client’s economic point of view.

‘Stefan Artner is a real deal maker.’

‘Stefan Artner is great to work with, irrespective of whether the transaction was originated in Austria or is inbound business. There is no power play, just cooperation and focus on client needs. He is experienced and very flexible in terms of transaction needs and commercial aspects. He understands the needs of German and foreign investors very well and is a technically great lawyer. And he is a very nice guy.’

Marie-Luise Pugl keeps a cool head even in difficult negotiations, is solution-oriented and always available.

Magdalena Brandstetter is acting closely with our team in cross-border transactions. She is very responsive, always on top of the facts and a great lawyer.

‘I really appreciate that the team has clear and pragmatic solutions – and you always feel heard with them and get partner attention, which is not necessarily the case with large business law firms. The Dorda team has great experience in real estate transactions and has solutions which are very to the point. We have used them for sell-side and purchase transaction and were always very satisfied, so we will continue to work with Dorda.’

‘Stefan Artner is definitely one of the best real estate lawyers in Austria. We have seen his name in the large Austrian transactions in the last years. Stefan anticipates strategic issues and resolves problems always with a view to the economic side. I have always enjoyed working with him.’

‘Our main points of contact at Dorda are Stefan Artner and Marie-Luise Pugl. We have worked with them for many years now in various transactions, including large and complex ones and have been very happy with their support.’

‘Magdalena Brandstetter is very deal-orientated.’

Key clients

Amundi S.A.

ARE Austrian Real Estate

Bundesimmobiliengesellschaft m.b.H. (BIG)

Deka Immobilien

DLH (Deutsche Logistik Holding) / Zech Group

Eastern Property Holdings

e-shelter / NTT Global Data Centers

GalCap Europe

Helvetia Versicherungen AG


Max Mara

NH Hotels


Patrizia AG


Swietelsky Development AG

TK Maxx / TJX

UBM Development AG

Universal-Investment Luxembourg

Warburg-HIH Invest Real Estate

Work highlights

  • Advised ARE Austrian Real Estate on its Austrian-German joint venture with UBM Development AG as well as on real estate developments in Vienna and Munich.
  • Advised S IMMO AG and UBM Development AG on their €233m sale of two office properties and adjacent garage building in the Quartier Belvedere, Vienna, to Eastern Property Holding.
  • Advised Eastern Property Holdings on the acquisition of a large office building and development in Vienna’s Quartier Lassalle.

DSC Doralt Seist Csoklich Rechtsanwälte GmbH

DSC Doralt Seist Csoklich Rechtsanwälte GmbH is a well-respected player in the Austrian real estate market and handles a wide range of transactional and lease work as well as associated disputes. Its client portfolio contains several real estate and investment funds, who also benefit from team head Wilfried Seist's regulatory expertise in this space. Other clients include hotel groups and corporates. The team covers various asset classes with a focus on residential and retail.

Practice head(s):

Wilfried Seist


‘The team always works at a high-end level and provides its know-how in a very efficient clear way. You always get responses within a short time. All issues corresponding to real estate as for example business law are covered by DSC.’

‘It is my impression that DSC is primarily focusing on finding a proper solution for the client, which is one of the most important qualities for us as this seems not to be the standard for all firms. They have broad knowledge and experience in everything that concerns our business, starting with regulations for our funds including applicable tax laws to detailed optimisation of real estate transfer taxes.’

‘Wilfried Seist is very experienced in tenancy law and has negotiated a lot of real estate deals. His information is always clear and outcome-oriented and at reasonable prices.’

Key clients

Bank Austria Real Invest Immobilien-Kapitalanlage GmbH

LLB Immo Kapitalanlagengesellschaft m.b.H. (formerly Semper Constantia Immo Invest GmbH)

Accor Hotelbetriebs Gesm.b.H.

Wealthcore S.C.S., SICAV-RAIF

ECE Projektmanagement GmbH & Co KG

Raiffeisen Holding Niederösterreich-Wien Reg. Gen.m.b.H.

S Immo AG

CA Immobilien Anlagen AG

Akron Real Estate Management GmbH

Universale Internationale Realitäten GmbH

Wiener Städtische Versicherungs AG

Doric Partners LLP

Alteris Capital Partners LLP

Auris Immo Solutions GmbH

Work highlights

  • Advised LLB Immo Kapitalanlagegesellschaft m.b.H. on a €30m acquisition of a retail facility south of Vienna.
  • Advised LLB Immo Kapitalanlagegesellschaft m.b.H. on the €32m acquisition of a new office building in Upper Austria.
  • Advised BNP Paribas Real Estate Investment Management Germany GmbH on the €43m acquisition of residential buildings in Vienna by virtue of a forward purchase.

Schoenherr (Schönherr Rechtsanwälte)

Schoenherr (Schönherr Rechtsanwälte) stands out for its broad expertise, leading to regular instructions on real estate transactions, including asset and share deals and associated financing, alongside asset and facility management, litigation and construction-related issues. Advising predominately investors and development companies, the team covers all asset classes, while Arabella Eichinger has a particular focus on office, residential and hotel sector work, including transactions, lease and management agreements and hotel developments. Real estate M&A expert Michael Lagler jointly heads the practice with Peter Madl, who, alongside transactions, also advises on construction developments. Counsel Clemens Rainer is another key contact for corporate real estate.

Practice head(s):

Michael Lagler; Peter Madl

Other key lawyers:

Arabella Eichinger; Clemens Rainer


‘We were supported in a very professional and goal-oriented manner throughout the whole legal process by all individuals.’

‘Excellent deal management, high-class expertise.’

‘We had a challenging acquisition in a hostile environment where the structure had to be revised a number of times. Schoenherr’s team had been exceptional in assisting the closing throughout the whole process.’

‘Exceptional in their expertise and always available.’

‘Excellent knowledge and performance of real estate; very well connected; theory and practice from a single source.’

‘Excellent skills in real estate law, commercial hands-on approach.’

‘Cooperative approach, reliable and business-aware.’

‘Michael Lagler has many years of experience in real estate transactions and profound knowledge of the Viennese market and other (especially CEE) real estate markets.’

Key clients

KTB Investment & Securities


Eastern Property Holdings


Hallmann Holding International


Swiss Life

Tscherne (Family Office)

Unger Unternehmensgruppe

Opec Funds for International Development (OFID)


Savills Investment Management (Germany) GmbH / Institutional Investment-Partners GmbH

Österreichischer Rundfunk (ORF)

Union Investment

Art-Invest Real Estate Funds GmbH

Hamburg Trust / Gal Cap

Ennismore Holdings

Work highlights

  • Advised Covivio, a European real estate operator, on its acquisition of eight luxury hotels from Värde Partners, a global alternative investment firm, at the agreed amount of €573m. The respective hotels are situated across Europe, located in popular tourist destinations.
  • Advised Invester United Benefits GmbH on the sale of the hotel Hilton am Stadtpark. The hotel was sold by two Viennese family offices to Wealthcore Investment Management, which represents a consortium of South Korean investors.
  • Advising Unger Unternehmensgruppe on the acquisition of a prime location in Graz for the development of a residential complex with approximately 500 apartments; this included advice on the acquisition, building permits, service agreements, construction contracts and the sale of apartments.

Wolf Theiss Rechtsanwalte GmbH & CoKG

Wolf Theiss Rechtsanwalte GmbH & CoKG's sizeable team, which combines real estate and construction law expertise, is a frequent fixture on cross-border mandates, including transactions, (hotel) lease agreements and development projects as well as associated tenancy, tax structuring and financing matters. Erik Steger is a key contact for hotel and leisure sector work, while team head Peter Oberlechner regularly advises on large-scale real estate developments and transactions. Karl Binder is another key contact for transactional matters spanning various asset classes such as office, retail, residential and logistics. Clients include real estate investors, retailers and real estate developers.

Practice head(s):

Erik Steger

Other key lawyers:

Peter Oberlechner; Karl Binder; Birgit Kraml


‘Fast direct communication; excellent knowledge in different fields; enough resources to work on different topics in parallel.’

‘Wolf Theiss excels at providing sensible, understandable advice in a timely fashion. Their attention to detail is excellent as is their ability to understand and negotiate complex arrangements. Their availability is always good and they are a pleasure to work with.’

‘Excellent advice given by excellent people.’

‘Wolf Theiss’ real estate practice is well known for its very good knowledge of the real estate marketplace. The team is very competent and pleasant to deal with. Apart from their excellent expertise, I would like to highlight their resources as one of their core strengths. The size of their team allows them to be highly responsive at any time and deal with matters of any size swiftly and efficiently.’

‘Karl Binder has provided outstanding support on a long-running, complex acquisition and development matter in Austria. His understanding of the issues and ability to work effectively with our business and in-house legal teams has been second to none.’

‘I would recommend Erik Steger to anyone, who works in the hotel and leisure industry. His decades of experience, his dedication and energy make him stand out. He has an astute legal mind and is one of the smartest and most efficient lawyers I have ever worked with.’

‘Open minded and very much sharing values of the client.’

‘We are very happy with Wolf Theiss.’

‘Karl Binder and his team have excellent knowledge regarding real estate law in Austria and a very pragmatic approach to find solutions. All responses were an excellent quality and in time which helped us greatly to move forward with our projects.’

‘Karl Binder was tough in negotiations but always focused on finding a common solution which makes his work very efficient. He always gave us a realistic point of view on our legal position. We appreciate his deep insights in the Austrian real estate market to get a feeling what was common sense in uncertain times during the Covid-19 lockdown.’

‘Erik Steger is an excellent negotiator and solution-oriented. I like his communication skills and his ability to break down the complex legal matters, spot potential risks and find practicable solutions. I would not hesitate to put him in charge of any project.’

Key clients

Deka Immobilien Investment GmbH

AFIAA Real Estate Investment AG

OBI Group

ZBI Zentral Boden Immobilien Gruppe

Erste Group Immorent

REWE Group

Wiener Linien

GARBE Industrial Real Estate GmbH





KGAL Investments

Adient Automotive

Trivium Immobilien Investment Gruppe

JP Immobilien

Work highlights

  • Advising Deka Immobilien Investment GmbH on the acquisition of Austria’s highest office tower, the Austro Tower in Vienna as a forward purchase deal.
  • Advising AFIAA Real Estate Investment AG on the sale of a property portfolio consisting of offices and retail buildings in Salzburg to the German developer RMI.
  • Advising the developer Trivium Immobilien Investment Gruppe on the hotel lease agreement with International Hotels & Resorts (IHR) for the roll-out of the hotel chain Roots in Austria.

Vavrovsky Heine Marth Rechtsanwälte

Vavrovsky Heine Marth Rechtsanwälte has a strong profile advising national and international investment funds, developers and construction companies on the full spectrum of real estate law including associated disputes. Much of its work pertains to the sale and acquisition of property and property portfolios, including forward funding and forward purchase deals, but the team, which is led by real estate M&A expert Christian Marth, is equally experienced handling lease and easement agreements.

Practice head(s):

Christian Marth

Other key lawyers:

Nikolaus Vavrovsky; Daniela Pitzek


‘The firm covers the full spectrum of real estate-related services. They are good in terms of legal knowledge, independent thinking and out-of-the box problem solving. Even in the light of the most complex issues and/or highest time pressure, they deliver good results, are proactive and forward thinking.’

‘The team impresses in know-how, market understanding and service orientation. They are diligent and creative in their approach, their efficiency, fast response times and personal dedication are unmatched. They always deliver solutions to the highest standard. I especially appreciate their proactive and comprehensive support during the COVID-19 crisis, which has put our corporation before several challenges, which they mastered effectively and smoothly.’

‘The team is focused and always tries to take an advantage from the experience made in other legal cases and combines it in order to find a solution even in complex situations.’

‘In real estate transactions, I mainly work with Christian Marth. He is highly qualified and experienced. I especially appreciate his pronounced commercial thinking, effective and practical approach. Marth gives clear, on-point advice, is a great communicator and excellent negotiator. He is never shy to leave the beaten path to find or make new ways for his clients. He is an exceptional counsel, gifted advisor and a real deal-maker who continues to exceed my expectations.’

‘The team provides excellent services, grasping matters up to the smallest detail, flagging the key issues and handling them with utmost competence. The firm sets itself apart from the market not only in legal competence and industry expertise but especially in personal dedication, partner availability and response times. They know their clients.’

‘Vavrovsky Heine Marth is highly experienced in handling complex transactions. The team provides seamless services at the highest level. I especially appreciate their pragmatic and hands-on approach. They have an unmatched understanding of the legal as well as the commercial side of matters and keep breaking new grounds for their clients. Most importantly, they are absolutely dedicated to their clients and their objectives and will do anything humanly possible to deliver outstanding results. No matter how complex a matter, I can rely on them to handle everything perfectly. Also, the firm is unmatched not only in legal competence and economic understanding but especially in service orientation.’

‘Very good expertise, enthusiastic partners who actively participate in negotiation rounds and follow up topics.’

‘Highly involved and committed, a pleasure to work with.’

Christian Marth is a sheer deal maker who knows what works for his clients. He is a highly skilled professional with great negotiation skills. He is determined, thorough, efficient, and absolutely commercial.’

‘Christian Marth is a formidable legal professional and knows real estate law in all its nuances.’

‘Nikolaus Vavrovsky is a brilliant professional with impressive commercial awareness and industry knowledge. He is extremely sharp-minded, quick on his feet, highly efficient and absolutely diligent. In addition to his exceptional foresight, he is a terrific strategist, completely dedicated to his clients, quick to respond and utterly solution-oriented, a real out-of-box thinker and trouble-shooter.’

‘Christian Marth is a highly committed professional and a straightforward problem solver, which is crucial in complex development projects. He is the lawyer to have on your side in heated negotiations, always keeping the reins firmly in his hands and creating win-win situations. He is very approachable and responsive.’

‘Christian Marth continuously leads a legal process – from the very beginning until completion; he takes part in all negotiations, is always well prepared and focused; he makes counterpositions very transparent, reveals risks and he finds suitable solutions for both sides; in very urgent cases he is available 24/7.’

‘I have worked with Christian Marth for years. He is one of the best real estate lawyers a client can wish for: efficient, solution-oriented, deal-driven and absolutely strong for his clients. He is incredibly proactive and forward thinking, never loses sight of the whole picture and always thinks commercially. Even under greatest pressure, he keeps his calm and delivers clear, straightforward results. His great strategic talent makes him not only a superb lawyer but also an invaluable advisor. I can absolutely trust his judgement.

‘Christian Marth is a mastermind for real estate projects, the advisor you want to have by your side.’

Christian Marth is a true rain-maker with unmatched transaction expertise. His services are extraordinary, legally and economically. He knows the real estate market like the back of his hand, his advice is well-considered and anticipatory. He is a fabulous advisor who clearly thinks ahead and sees all the details. Marth approaches matters efficiently and gets to the point. He is particularly strong in negotiations; with his great communications skills he gets everyone onboard.

‘Daniela Pitzek together with Christian Marth are a dream team when it comes to real estate and development projects.’

‘Nikolaus Vavrovsky impresses with his precise commercial judgement and extensive legal expertise. He provides amazing quality of work, always showing extraordinary foresight. As counsel he is exceptionally dedicated to achieving his clients goals and securing their interests.’

Key clients

Bank Austria Real Invest Immobilien Kapitalanlage GmbH


Corpus Sireo Real Estate

ERSTE Immobilien KAG

Ing. Hans Bodner Baugesellschaft mbH & Co KG

Land Niederösterreich (Federal State of Lower Austria)

LLB Immo Kapitalanlagegesellschaft m.b.H. (Liechtensteinische Landesbank)

Siemens AG Österreich

UBM Development Österreich GmbH

Union Investment Group

Volksbank Wien

Work highlights

  • Advising Union Investment Group on the €460m acquisition of Y-Towers, a high-end development project in Amsterdam, from IES Immobilien and Invester United Benefits.
  • Advising Volksbank Wien AG on the sale of the company’s headquarters to a buyer consortium and the simultaneous leasing of its new headquarters.
  • Advising construction company Ing. Hans Bodner Baugesellschaft mbH & Co KG on the bidding process for the redevelopment of the former Linz Tobacco Factory (Tabakfabrik Linz) as well as in the course of the project development.

ARNOLD Rechtsanwaelte GmbH

ARNOLD Rechtsanwaelte GmbH handles a wide range of real estate matters, including transactions, tenancy law issues and building contracts, and receives regular instructions from major real estate companies. Nikolaus Arnold and Florian Arnold are the key contacts.

Cerha Hempel

Cerha Hempel is particularly active for open-end and closed-end funds and developers, who retain the team to assist with real estate transactions and project developments. The latter includes transactional as well as financing and construction-related advice. This intersection between real estate and construction law is not least based on practice head Peter Vcelouch's strength in this area and translates in him heading both the real estate and construction practices. While the team covers all asset classes, much of its recent work concerned the residential and retail sectors. CEE real estate practice head Mark Krenn is another key individual; he routinely assists with transactions and lease agreements.

Practice head(s):

Peter Vcelouch

Other key lawyers:

Mark Krenn; Manfred Ton


‘The have a very versatile and pragmatic team. They solve the most complicated matters and are always available, and were so even during the shut-down.’

‘Cerha Hempel’s real estate practice provides us with comprehensive legal advice even under challenging circumstances.’

‘The team works very efficiently and is always available, even for short queries.’

‘Mark Krenn has outstanding project management capabilities and excellent knowledge of the real estate market. His experience in transactions is a real asset.’

‘Mark Krenn – very competent in real estate and M&A. He is very goal-oriented and very practical without forgetting the key legal issues. Also very solution-oriented and considering the commercial side of each transaction.’

‘Since we have been working with the law firm for over 15 years, it is safe to say that we are more than satisfied with the work and quality provided to us.’

‘Cerha Hempel offers a very customer-oriented service. They always consider the commercial and practical side in their advice. Their internal resources are very good within the real estate team but also in other areas such as M&A and competition law.’

‘Highly responsive team with excellent lawyers. Extremely helpful during the lockdown to defend our rights in a completely new environment and capable of implementing PR-strategies to support our legal position.’

‘The person in charge was very goal-oriented and took every opportunity to achieve the best result for us.’

‘Mark Krenn is a real expert in his field and very pragmatic. Translates complex legal issues into understandable topics. Extremely fast and always available. He not only describes legal issues but also recommends courses of action. He helped us to keep the legal side of the business going during the shut-down.’

‘Mark Krenn and his team cover all aspects of real estate projects at highest quality levels. We are very satisfied with their advice. You cannot be wrong in choosing this team.

‘Mark Krenn is an extremely knowledgeable and innovative real estate lawyer. He is very responsive and easy to work with. Understands our business needs and asks the right questions. Was very helpful during lockdown.’

Key clients

Value One

SES Spar European Shopping Centers

COSI Hospitality

S Immo

AVEST Immobilien

VALORE Immobilien

LifeNet Health

ARE/areos development

Aberdeen Standard Investments

CA Immo

eyemaxx real estate group



IRMA Investments

Heta Asset Resolution AG

Lidl Österreich



Raiffeisen Property International

Work highlights

  • Assisted the developer Value One with the financing of a student house project in Portugal (near Lisbon).
  • Advised ASPER Aberdeen Standard Pan European Residential Property Fund SICAV RAIF, a fund managed by Standard Investments Germany, on the acquisition of a development project near Vienna’s main railway station for its Aberdeen Standard Pan European Residential Fund.
  • Advised Raiffeisen Property International on the sale of Tatra Centrum, one of the largest office buildings in Bratislava, by way of a share deal to an Austrian private fund.

CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH

CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH provides combined real estate and construction law advice, which leads to a wide range of instructions pertaining to project developments, and associated financing matters, lease agreements, transactions and disputes. Clients include retailers, hotel chains, investors, developers and private clients. Team head Nikolaus Weselik focuses on matters at the intersection between construction and real estate law. Gregor Famira  is a key contact for hotel and leisure sector work.

Practice head(s):

Nikolaus Weselik


‘Excellent knowledge and many years of experience, quick response and practicable solutions.’

Expert knowledge, solid expertise, excellent negotiation skills and diplomatic behaviour, on-the-spot legal advice, personal communication with the necessary “translation” skills.

Requests are answered within 24 hrs by the contracted partner of trust and not by any associate. As a client, I appreciate the personal relationship.

Nikolaus Weselik stands out for his excellent legal expertise and excellent legal service.

Key clients

Central European University (CEU)

Allianz Real Estate Germany GmbH

UniCredit Bank Austria AG

euNetworks Group Limited

HGA Österreich I GMbH & Co KG


Tesla Motors Austria GmbH

Vienna International Hotelmanagement AG

HTP High Tech Plastics GmbH

Wüstenrot Group

Heinz Bühnen GmbH & Co KG

Claire’s Austria GmbH

BNP Paribas REIM

Work highlights

  • Advising Central European University (CEU) on the multimillion-euro refurbishment of the client’s new headquarters in Vienna.
  • Advising a UK-based publicly listed property investment and development company on the sale of a recently developed urban warehouse park and development land in Vienna.
  • Advising one of the largest securities firms in Korea on the acquisition of several retail warehouses in Austria.

E+H Eisenberger + Herzog

E+H Eisenberger + Herzog puts significant emphasis on real estate M&A, advising on joint ventures, acquisitions and disposals, including distressed transactions, alongside associated matters such as financing. Other regular work includes lease agreements and real estate issues pertaining to energy projects. The transactional focus is reflected in the practice lead shared by Alric Ofenheimer and Michael Strenitz, with the latter focusing on transactions in the logistics and commercial property sectors, and was further strengthened by the partner promotion of Christopher Engel in July 2020. Clients include funds, investment management companies and developers.

Practice head(s):

Alric Ofenheimer; Michael Strenitz

Other key lawyers:

Marco Steiner; Christopher Engel


‘Goal-oriented. Fair and competent.’

‘The team has a comprehensive and unique understanding at the interface of real estate law, M&A and tax structuring. The commercial interests of the client are always in focus. The team works extremely efficiently and with a high level of responsiveness.’

‘Alric Ofenheimer: an outstanding business lawyer. He gets to the point, is fast, pragmatic and commercially driven. He has extensive knowledge in the field of real estate M&A and joint ventures. He is a smart negotiator. It is a pleasure to work with him. You could not wish for a better lawyer.

‘Marco Steiner takes good care of our topics. We often provide our opinion and a rough solution before we start to work on the contracts etc. so that he knows what we have in mind. He always tries to follow our ideas even if they are uncommon.’

Key clients

UBM Development AG

Brisen Group

Immofinanz AG

Allianz Capital Partners

Ronny Pecik Group


Vienna House Hotels

STC-Swiss Town Consult AG

Energie Burgenland Windkraft GmbH

Wien Energie GmbH

Work highlights

  • Advising UBM Development AG on a joint venture with ARE Austrian Real Estate GmbH; the joint venture involves significant urban development projects across Austria and Germany.
  • Advised Brisen Group on its first investment in Austria, to transform the former commercial court in the city centre of Vienna into a five-star luxury Mandarin Oriental hotel.
  • Advised STC-Swiss Town Consult AG on the acquisition of 75% of the shares in several legal entities which, together hold a major Austrian real estate portfolio by Swiss Development Company STC- Swiss Town Consult AG.

Freshfields Bruckhaus Deringer

KWR Karasek Wietrzyk Rechtsanwälte GmbH

KWR Karasek Wietrzyk Rechtsanwälte GmbH's prominence in the construction law space translates into a steady flow of real estate mandates at this intersection, most notably project development-related work, but the team also provides assistance with transactions, rental and lease agreements as well as landlord and tenant disputes. Real estate transactions specialist Paul Schmidinger heads the practice.

Practice head(s):

Paul Schmidinger


‘We have been advised by Jan Schifko on a complex real estate development in Austria. Jan has proven to be a very knowledgeable and skilled negotiator.’

Key clients

WT 80 Group


Handler Immobilien

International Campus

CAIM Holding / Added Value

Haring Group

Work highlights

  • Advised WT 80 Group on the development of a mid-sized residential housing project in Burghausen, Germany.
  • Advising Handler Immobilien on various transactions, such as the acquisition of a mixed-used office building in Mödling, and the acquisition and development of a building plot in Graz.

Saxinger, Chalupsky & Partners (SCWP Schindhelm)

Real estate developers and investors routinely call upon Saxinger, Chalupsky & Partners (SCWP Schindhelm)'s expertise to assist with real estate transactions in the retail sector as well as those pertaining to residential, commercial and mixed-use developments. While the team, which is led by real estate M&A expert Immanuel Gerstner, has a focus on the transactional side of the business - which was further strengthened by Lukas Leitner's promotion to contract partner in April 2020 - it is also well equipped to guide clients through tenancy law and project finance issues as well as real estate disputes.

Practice head(s):

Immanuel Gerstner

Other key lawyers:

Irene Meingast;  Lukas Leitner


‘They have a deep understanding of what we need. We see that they have handled huge transactions in the last years and really understand real estate projects. Other firms only see the legal side, not trying to find solutions that also work practically. Besides that, they are fast and responsive. They are also available when we need them, we have the mobile phone numbers of some partners so we can call them outside business hours.’

‘We would not opt for any other team in these matters.

‘SCWP is our main firm for large-scale transactions and we have a long-standing relationship with them and have always been extremely satisfied. The whole team we deal with is very experienced and as a client you feel extremely well advised and supported. In other larger law firms often the team heads are very competent, but such competence is not reflected on lower levels within the team. With SCWP it is different. We have the impression that we receive high-level advice on all levels of the SCWP team.’

‘We mainly work with Irene Meingast. She is great. Not only does she understand what we need in legal terms, but she also understands our real estate needs. We see that we get top real estate support because she also studied real estate management and therefore understands it more than a normal lawyer. She has a hands-on mentality. She always knows all the details of the project. We can call her any time, she helps us immediately. She covers all areas of real estate – from share deals and asset deals to developments, land register issues and disputes. She successfully handles our most complicated projects.’

‘Immanuel Gerstner is excellent in negotiating.’

‘To a very large part we worked with Immanuel Gerstner. He is highly respected within the real estate industry, not only within the legal community but within the industry at large. This often facilitates contract negotiations. He is able to deal with pressure and adapts to changing situations very quickly. He is my go-to choice for large-scale transactions.’

Lukas Leiter is great at handling financing issues.’

‘We also have intensive contact with Lukas Leitner. He has a hard work ethic and is always aware of the details and at the same time always manages to see the bigger picture. His understanding of the industry is outstanding and he also understands the commercial/ financial implications of a deal.’

Key clients

MVTE private foundation, part of IES Group

Soravia Group

Leasinvest Real Estate SCA

Ima Immobilien GmbH

Lambert Immobilien GmbH

PMI Immobilien und Beteiligungs GmbH

W-One Capital GmbH

Sth Living GmbH

Work highlights

  • Advised the real estate investor MVTE private foundation, part of IES Group, on the sale of its shares in the Y-Towers Amsterdam project.
  • Advised the real estate developer Soravia Group on the sale of the Austro Tower which will become the headquarters of two major Austrian public bodies and Soravia itself.
  • Advised Leasinvest Real Estate SCA on the acquisition of two Austrian retail parks near Shopping City Süd in Vösendorf, close to Vienna.

Binder Grösswang

Binder Grösswang provides regular assistance to funds and real estate investors, retailers, leisure and hospitality sector players as well as private clients with real estate-related joint ventures, acquisitions and disposals while also handling construction-related matters and lease work. Real estate M&A expert Markus Uitz jointly heads the practice with Tibor Fabian, whose expertise lies at the intersection between real estate transactions and financing.

Practice head(s):

Markus Uitz; Tibor Fabian

Key clients

voestalpine AG

Raiffeisen Property International GmbH


Indorama Ventures Public Company Limited

Smurfit Kappa Nettingsdorf

Travel Partner Group GmbH

VB Real Estate Services GmbH


The Blackstone Group Inc.


Work highlights

  • Acting as local counsel, advised funds managed by The Blackstone Group Inc. in connection with the acquisition of Dream Global REIT.
  • Advised GIC, a Singapore sovereign wealth fund, on the acquisition of P3 from TPG Real Estate and Ivanhoé Cambridge for €2.4bn, as well as on all property matters in Austria.
  • Ongoing advice to the Swiss real estate investor CORESTATE Capital on the acquisition of the third TrIIIple tower as part of a forward purchase deal, with construction, to be completed by 2021.

BRAND Rechtsanwälte GmbH

BRAND Rechtsanwälte GmbH handles a broad spectrum of real estate law, including leasing, transactions and real estate litigation. Much of its work pertains to the retail sector, where regular instructions include lease agreements for retail tenants, but the team also regularly handles residential and office-related mandates for institutional investors, developers and private clients. Birgit Harasser and Gabriele Brand-Ogris jointly head the practice and are noted for their wide-ranging expertise.

Practice head(s):

Birgit Harasser; Gabriele Brand-Ogris


‘The team is small and partner-led in the best sense: there is one point of contact who deals with every query, not only with regards to major issues in transactions but also concerning minor things, every day work and even with billing. There is no referral to other people, they deal with this in-house. The answers are not just forwarded but vetted by the partner in charge, so you don’t get answers from people who are not aware of the whole picture. We also see this in their due diligence reports: it is clear that experienced lawyers are very much involved, there is less of meaningless descriptions but to-the-point analysis. Their excellent legal know-how is matched with a pragmatic hands-on approach, they don’t just point out risks which leaves us unsure about how to proceed but provide us with clear recommendations and solutions.’

‘The overall level of service is absolutely excellent. The lawyers respond in a timely manner and with to-the-point advice without lengthy theoretical statements. They support us pro-actively at all times and present solutions tailored perfectly to the client’s needs. The lawyers have a superior industry knowledge and combine a profound legal competence with excellence business acumen.’

‘Birgit Harasser is our point of contact and has been for many years. Excellent legal and market know-how, very responsive and quick and always goes the extra mile. She knows our transactions inside out even after years and is always ready to help out with her knowledge.’

‘Birgit Harasser is a remarkable lawyer supporting you perfectly in everything you require. She always understands the client’s needs and implements them splendidly into contractual framework. Based on her long experience in Austrian real estate law, her variety in proposing possible and well-thought-out solutions in negotiations is impressive.’

Key clients

Raiffeisen Immobilien KAG (Real Estate Fund)



Blaue Lagune

Danube Property Immobilien

Work highlights

  • Advised Raiffeisen Immobilien KAG on the acquisition of a residential development in Vienna.
  • Advised Blaue Lagune on leasing matters pertaining to its new exhibition centre, including lease agreements for retail tenants, exhibitors and catering businesses.
  • Advised Adidas Austria on its retail lease agreements in Austria.

Nemetschke Huber Koloseus Attorneys at Law

Nemetschke Huber Koloseus Attorneys at Law handles a diverse mix of real estate work for funds, developers, investors and various other retail sector players. The team has particular strength in real estate developments, most notably in the residential sector, which includes transactional matters alongside tenant and construction-related issues. Alfred Nemetschke jointly heads the practice with Alexandra Huber; the duo are well placed to provide project development-related finance advice.

Practice head(s):

Alfred Nemetschke; Alexandra Huber

Other key lawyers:

Konrad Koloseus

Key clients

Forstinger Österreich GmbH

Immobilien KapitalgesellschaftmbH

C&P Immmobilien AG

Commerz Real Investmentges.m.b.H.

Dominici Schuhhandelsges.mbH

TELVI Immobilien Management und Entwicklung GmbH

BauConsult Bau- und Planungsgesellschaft m.b.H.

aik Immobilien-Investmentgesellschaft mbH

Work highlights

  • Advising C & P Immobilien AG on all property matters in Vienna, including construction contracts, audits and loan agreements alongside land and commercial registries.
  • Advising many new clients from the tourism and hospitality sectors on Covid-19-related  matters with a focus on real estate contracts.

Pelzmann Gall Größ Rechtsanwälte GmbH

Providing developers with advice on urban development projects constitutes a key area of Pelzmann Gall Größ Rechtsanwälte GmbH's expertise but the team is also routinely retained by clients, including property management companies and investment funds, to advise on real estate transactions across various asset classes. Stephan Größ heads the practice and has recently been particularly active advising on retail parks, while also providing regular assistance with hotel lease agreements.

Practice head(s):

Stephan Größ


A small team with a professional, hands-on approach and good knowledge of the Viennese market standards.

EY Law has a very strong real estate team. They are trusted project development advisors and they also have a good knowledge on special issues like non-profit housing regulations.

They have vast experience in all kind of real estate transactions, particularly in development projects.

Stephan Größ has widespread knowledge of real estate law and knows the market very well.

Stephan Größ is a very energetic real estate lawyer, precise and solution-oriented.

Stephan Größ is a very renowned real estate lawyer. You can also rely on him in very delicate issues.

Stephan Gröss – very deal-orientated.

Key clients

ARE Development

B&B Hotels

BIG Bundesimmobiliengesellschaft m.b.H

DWK Die Wohnkompanie

ERSTE Immobilien Kapitalanlagegesellschaft m.b.H.

Megatrends European Holdings S.à r.l

NOE Immobilien Development GmbH

Nuveen Real Estate

Premium Immobilien AG

Realita (formerly CRET Immobilien)


Wien 3420 Aspern Development AG and GELUP GmbH

Work highlights

  • Advised Premium Immobilien AG on the sale of the residential project KAI 100 in Vienna with 402 residential units and a large office and retail space to Art-Invest Real Estate.
  • Advised Megatrends European Holdings S.à r.l on the acquisition of the logistics park CityPark in Vienna as part of a share deal.
  • Advised BIG Bundesimmobiliengesellschaft m.b.H on the acquisition of the former headquarters of Volksbank in Vienna.

Baker McKenzie Rechtsanwälte LLP & Co KG

Baker McKenzie Rechtsanwälte LLP & Co KG's real estate practice is led by counsel Wolfgang Eigner, who joined the team in August 2019 from Pelzmann Gall Größ Rechtsanwälte GmbH following former practice head Stephan Größ' move in the opposite direction earlier that year. Eigner has been particularly active advising hotel operators on hotel management and operation agreements as well as handling retail sector work, most notably lease agreements.

Practice head(s):

Wolfgang Eigner


‘The real estate team is also our contact point for corporate law questions and general contract law, which makes the work much easier. Generally speaking they act in a one-shop-stop manner and pull necessary skills and knowledge together.’

‘Knowledgeable and dedicated.’

‘Very good legal experts.’

‘Wolfgang Eigner is always easy to reach. He reacts directly to different questions in negotiations and can negotiate bilingually.’

Key clients

Mandarin Oriental – The Hotel Group


Work highlights

  • Advised Mandarin Oriental (UK) Limited on hotel management and operation agreements for a luxury hotel and branded residences in the first district of Vienna that is scheduled to open in late 2023.
  • Advised Erste Wiener Hotel AG on lease agreements and other real estate matters.

DLA Piper Weiss-Tessbach

DLA Piper Weiss-Tessbach focuses on transactional work for real estate investors, including associated finance and restructuring matters, in the residential and hotel sectors. Practice head Oskar Winkler is the key contact for real estate transactions and also provides assistance with rental and lease agreements.

Practice head(s):

Oskar Winkler

Other key lawyers:

Christoph Urbanek

Key clients

MERITZ Securities Co. Ltd

Work highlights

  • Advising MERITZ Securities Co. Ltd on the sale of the Vienna Hilton Parkview Hotel including the associated financing.

Fellner Wratzfeld & Partners

Fellner Wratzfeld & Partners' full-service approach enables the team to handle various matters arising from urban project developments with particular strength in public law-related issues, such as planning and zoning law, which is due to practice head Michael Hecht's expertise in this area. Other work includes real estate transactions, including those pertaining to restructuring scenarios.

Practice head(s):

Michael Hecht

Other key lawyers:

Markus Kajaba; Lukas Flener

Key clients

ARE Austrian Real Estate GmbH

6B47 Real Estate Investors AG / JTP 3 Alpha GmbH & Co KG

City of Klosterneuburg

Danube Flats GmbH

Donauturm Aussichtsturm- und Restaurantbetriebsgesellschaft m.b.H.

Fischapark Shopping Center GmbH

FoDo Holding GmbH & Co KG

IKEA Einrichtungen-Handelsgesellschaft m.b.H.

Österreichische Post AG

RK Privatstiftung

SK Projektentwicklung GmbH & Co KG

Soravia Group

Steinhoff Europe

UIV Urban Innovation Vienna GmbH


Wiener Immobilien Group

Work highlights

  • Advised UIV Urban Innovation Vienna GmbH on finding a location for a new multifunctional arena for staging concerts and sports events.
  • Advising IKEA Einrichtungen-Handelsgesellschaft m.b.H. on building a branch at Vienna’s Westbahnhof station.
  • Advising Steinhoff Group on the sale of KIKA/Leiner to SIGNA Group.

Graf Patsch Taucher Rechtsanwälte

Alexander Patsch heads up the team at Graf Patsch Taucher Rechtsanwälte, which, based on Patsch's combined real estate and construction law expertise, is well placed to handle various matters at this intersection such as transactions, lease agreements, project development issues and neighbourly disputes. Clients include hotel operators, project developers and private investors.

Practice head(s):

Alexander Patsch

Key clients

Bierwirth & Kluth Group, Germany

Bridge Group, Austria

Grutschgasse 1-3 GmbH, Austria

ÖAD Wohnraumverwaltungs GmbH, Austria

Perchtoldsdorf City, Austria

Prime Site Retail Immobilien AG, Austria

ZDU Holding GmbH, Germany

T-Centrum. CZ, a.s., Czech Republic

Nesta GmbH and other private investors

C.21.a Projektentwicklungs- und Errichtungsgesellschaft m.b.H., Austria

Renafan Group, Germany

Caelum Development GmbH

Grama Schwaighofer Vondrak Rechtsanwälte

Working in close cooperation with its corporate practice, Grama Schwaighofer Vondrak Rechtsanwälte's real estate team has a significant emphasis on providing developers with transactional advice while also handling real estate development matters preceding these transactions. Andreas Schwaighofer heads the practice and also advises on tenancy matters.

Practice head(s):

Andreas Schwaighofer

Other key lawyers:

Georg Zacherl


GSV is characterised by its excellent team. They understand the need of a client; advice is based on a profound economic understanding. The team combines a pragmatic approach with excellent academic knowledge. Personally, I feel that I was given the best advice and always received swift and competent responses.

GSV has an excellent collaboration between the staff and their fields of expertise. The working concept is open-minded and creative. The firm cares for young employees and trains them to a high standard.

Georg Zacherl and Andreas Schwaighofer: both of them have a lot of experience and extensive knowledge in real estate. They use approachable language to communicate with clients. They coordinate their work most efficiently and complement each other. I felt very comfortable working with such highly qualified and competent lawyers.

Andreas Schwaighofer has extensive knowledge in both property law as well as in tenant law and also provides comprehensive experience in litigation.

Georg Zacherl combines his know-how in property law with his experience in corporate law to form a wholesome approach to real estate transactions. He understands the needs of his clients and efficiently adapts to them.

Key clients


Accelerate Property Fund


Hypo NOE Group

BUWOG group (Vonovia)

Pearle AT

Asset One Immobilienentwicklungs GmbH

Immowert Group


Work highlights

  • Advising Marina Tower, a joint venture of BUWOG Group and IES Group, on the establishment of a condominium and the sale of apartments in Vienna through property developer contracts for about 650 objects.
  • Advised the BUWOG Group on the purchase of a real estate project by way of a forward share deal for two companies, and on the conclusion of a general contractor agreement for the construction of the two buildings.
  • Advising the Hypo Niederösterreich real estate division on the establishment of a condominium and the sale of apartments in Korneuburg through property developer contracts.

Jank Weiler Operenyi

Jank Weiler Operenyi routinely advises real estate investors, developers and private clients on national and cross-border real estate transactions as well as on real estate finance and refinance. While co-head Gabriele Etzl is the key contact for the latter, co-head Andreas Jank regularly handles matters at the transactional and financing interface. Retail sector players retain the practice to assist with leasing issues.

Practice head(s):

Gabriele Etzl; Andreas Jank

Key clients

Akron Group, Akron Real Estate Management GmbH

Abercrombie & Fitch

DWK Die Wohnkompanie GmbH

Deutsche Pfandbriefbank AG

Erste Bank der oesterreichischen Sparkassen AG

SW Umwelttechnik Stoiser & Wolschner AG

Deloitte Austria

Shopping Center Nord



Work highlights

  • Advising Akron Group, Akron Real Estate Management GmbH on various real estate transactions, including the acquisition of a retail centre in Vienna by way of a share deal, and the acquisition of an industrial development site in St. Pölten.
  • Advising DWK Die Wohnkompanie GmbH on a real estate development project, including real estate purchase agreements, urban development contracts and easements.
  • Advising DWK Die Wohnkompanie GmbH on the acquisition of a real estate property for the development of a residential property.

Pitkowitz & Partners

Pitkowitz & Partners routinely assists developers with lease agreements, project development matters and transactions, including associated disputes, and has recently been particularly active in the hotel and retail sectors while also handling office and residential sector instructions. Martin Foerster, who focuses on real estate transactions and project development work, jointly heads the practice with Nikolaus Pitkowitz, who is the main contact for contentious matters.

Practice head(s):

Martin Foerster; Nikolaus Pitkowitz


‘A strong, committed team, displaying efficient performance and exemplary service-orientation with short turnaround times for their high-quality advice. They have provided quick and to-the-point advice in our development projects, ranging from hotel and retail to office and residential projects.’

‘Highly competent, efficient and client-oriented team, also supportive and quick.’

‘We’ve been working with this practice for over 15 years now and it is exactly that for which they stand out. It is the team and the expertise which makes them different to others.’

‘Martin Foerster is very goal-oriented and has outstanding expertise in real estate transactions ranging from construction law and tenancy law to the intelligent structuring of contracts.’

‘Martin Foerster is our main contact within the practice and I can truly say that his professionalism along with the expertise he brings in is one of a kind. He also makes sure that we understand everything and takes time to clarify issues if needed.’

‘Martin Foerster has obviously significant experience in the real estate market, navigates the client safely through even very complicated contractual constructions and offers highly competent advice. He is also very reliable and accommodates clients’ demands also under highest timely pressures. Last but not least, he is very polite, always stays calm even in hot debates and is outstandingly supportive.’

Key clients


Regus / IWG

General Dynamics

Fleissner Group

New Yorker

Lukoil International GmbH

Work highlights

  • Advised McArthurGlen Group on all lease agreements of its designer outlet centres in Salzburg and Parndorf, including Covid-19 agreements.
  • Assisted IWG Group with the roll-out of its co-working office centres throughout Austria.
  • Assisted Fleissner Group with the development of three hotels in major Austrian cities.

PwC Legal Austria-oehner & partner

PwC Legal Austria-oehner & partner is dedicated to providing investors with advice on real estate developments including subsequent transactions, which have recently spanned the residential, commercial and hotel sectors, while also assisting retailers with rent matters and hotel sector players with lease agreements. Karl Koller heads the practice; his set of expertise reflects the team's specialisation.

Practice head(s):

Karl Koller


Very strong specialist, able to assist and negotiate in very complicated deals, can assist with specific questions on the spot and is always available, friendly and thorough in the advice given. We are extremely satisfied with the services provided.

Karl Koller is fast and always finds the correct tone. His legal knowledge and negotiation skills are outstanding. He is familiar with our market and anticipates market changes actively and advises us accordingly.

Key clients

Catella Residential Investment Management GmbH

Da Vinci Lab KG

Kara Group of Companies

MERYN+Partner Bellevue 74 GmbH

Work highlights

  • Advised Catella Residential Investment Management GmbH on the acquisition of the new building project based on the concept of the SMARTments student and SMARTments business brand with an expected total of 313 apartments, 2 commercial units and storage space in Vienna by means of indirect purchase.
  • Advised Catella Residential Investment Management GmbH on the acquisition of the student home Milestone Linz with 224 student rooms for the special real estate fund Catella European Student Housing Fund II from Bruckner Studios Linz GmbH.
  • Advised MERYN+Partner Bellevue 74 GmbH, an Austrian property developer, on the development of a residential complex with 10 luxury apartments and 23 parking spaces in the 19th district of Vienna as well as on the sale of the apartments.