The focus of recent mandates for the 'great team of dedicated and highly skilled professionals' at DORDA Rechtsanwälte GmbH has been advising on large domestic transactions, including the sale or purchase of retail and office buildings, residential properties, and hotels. Stefan Artner leads the overall real estate and construction team, benefitting from years of experience in large projects, and is noted as ‘an excellent contract negotiator.’ Magdalena Brandstetter is also lauded for her negotiation skills, and is an important contact within the team for clients involved in real estate M&A transactions.
Real estate in Austria
DORDA Rechtsanwälte GmbH
Practice head(s):
Stefan Artner
Other key lawyers:
Magdalena Brandstetter
Testimonials
‘DORDA’s real estate team is very experienced, pragmatic and deal oriented. Great team players and stick to deadlines.’
‘Stefan Artner and Magdalena Brandstetter are not only highly professional lawyers but also very polite and cooperative lawyers. They are able to negotiate in a strict manner and be friendly at the same time.’
‘DORDA brings clarity even to complex matters.’
‘Stefan Artner is an outstanding real estate law expert with years of experience in large projects. He is also an excellent contract negotiator. You are lucky to have him on your side.’
‘Very experienced transaction team, where the result and the successful completion of a transaction are the prime goals.’
‘Great team of dedicated and highly skilled professionals. Probably the best institutional real estate practice in Austria.’
‘Magdalena Brandstetter combines two attributes that go rarely together: she knows every detail of a deal, but at the same time sees the overall big picture of the transaction. Her excellent negotiation skills and, above all, her outstanding social skills make her one of the most effective deal makers I know.’
‘Probably the best and most efficient real estate team in Austria for me.’
Key clients
LHI Group
HIH Real Estate
DLH (Deutsche Logistik Holding)
VI Vindoma Real Estate AG
ARWAG Wohnpark Errichtungs-, Vermietungs- und Beteiligungsgesellschaft m.b.H.
Universal-Investment Luxembourg
SIGNA Financial Services AG
aik Immobilien-Investmentgesellschaft mbH
Ascott International Management, Europe
REWE Group
AIRA Development Group
GalCap Europe
Bundesimmobiliengesellschaft m.b.H. (BIG)
C&P Immobilien
Amundi S.A.
MaxMara
AEW Europe
S IMMO AG
TK Maxx
NH Hoteles Group
KGAL
Magna Group
Patrizia AG
Work highlights
- Advised LHI on the acquisition of a refurbished office building Lassallestraße 5 in Vienna, structured as a forward purchase share deal.
- Advised German financial investor HIH Real Estate on the acquisition of the SQUARE One Building, an office and retail complex located in the 19th district of Vienna, from the developer STRABAG Real Estate.
- Advising on the acquisition, development, and sale of several logistics properties in Austria, in particular properties around Vienna and close to the Vienna-Schwechat Airport.
DSC Doralt Seist Csoklich Rechtsanwälte GmbH
DSC Doralt Seist Csoklich Rechtsanwälte GmbH's broad practice is noted for its partner accessibility and is extremely active on the transactional side, particularly on complex, cross-border transactions. ‘Exceptionally reliable and competent‘ practice head Wilfried Seist
is well supported by associate Nina Mitterdorfer, who also has a strong focus on transactions both in Austria and internationally. The group’s large client base includes several real estate funds - with Seist also having particular knowledge in this area - and several listed companies.
Practice head(s):
Wilfried Seist
Other key lawyers:
Nina Mitterdorfer
Testimonials
‘DSC is a truly excellent law firm. The USP is the quick response time and the creative way of finding solutions for various issues. Highly creative team, solution orientated, and deal orientated.’
‘The partners are always directly available to ensure top level advice at all stages of a process.’
‘Wilfried Seist is an exceptionally good lawyer with a lot of experience. Also his seniority and his highly valued opinion within the legal community is vital to his success.’
‘Highly ambitious and professional. Fast response time and very good social skills.’
‘Compared to other law firms, DSC’s team reacts fast, is available 24/7 if necessary and is very flexible.’
‘Wilfried Seist is an exceptionally reliable and competent partner at DSC, in particular in the field of real estate law.’
‘Nina Mitterdorfer is an extremely competent and versatile lawyer. Even with the most complex issues, she knows what to do. Working with her is exemplary and definitely recommended.’
‘The cooperation is always reliable, very well researched and punctual. From legal assistants to leading lawyers, to partners, you can always get well-grounded information and support, especially for complex legal issues.’
Key clients
Accor Invest Austria Ges.m.b.H.
Akron Real Estate Management GmbH
Bank Austria Real Invest Immobilien-Kapitalanlage GmbH
BNP Paribas
CA Immobilien Anlagen AG
ECE Projektmanagement GmbH & Co KG
LLB Immo Kapitalanlagengesellschaft m.b.H.
Raiffeisen Holding Niederösterreich-Wien reg. Gen.m.b.H.
UniCredit Leasing (Austria) GmbH
Wealthcore S.C.S., SICAV-RAIF
Work highlights
- Advised LLB Immo Kapitalanlage Gesellschaft on the acquisition of a multipurpose development project in Vienna.
- Advised a subsidiary of an international banking group on a financial leasing agreement for new office and research facilities.
- Advised a major international fund on the sale of a major Austrian shopping centre and assisted the client with the restructuring of the existing financing.
Schoenherr (Schönherr Rechtsanwälte)
Michael Lagler, who specialises in corporate real estate and M&A-driven property and portfolio transactions, co-heads Schoenherr (Schönherr Rechtsanwälte)‘s team alongside Peter Madl, who is heavily involved in the development aspect of real estate, as well as assisting with the transactional side. The duo are supported by counsel Clemens Rainer, who is singled out as a ‘super-smart and tireless advocate‘ by one client. More broadly, the group adopts a multidisciplinary approach and operates in tandem with the firm’s corporate, banking and finance, regulatory, and tax teams. Arabella Eichinger moved to Barnert Egermann Illigasch Rechtsanwälte GmbH in June 2023.
Practice head(s):
Michael Lagler; Peter Madl
Other key lawyers:
Clemens Rainer
Testimonials
‘Support from a highly motivated, friendly and diversified team with a very high level of knowledge regarding various issues.’
‘Clemens Rainer was available at all times and highly motivated to bring the project to a successful conclusion. As a result, complex legal issues and necessary documents were made available in the shortest possible time with high quality.’
‘Michael Lagler is an outstanding lawyer. One of the leaders in the real estate industry. He is always focused and polite, and he has outstanding negotiation skills. We were very much impressed by the efficiency and availability of Michael and his team. We got a very complex transaction done within a short timeline.’
‘Given its sheer size, the law firm has enormous knowledge of all fields of commercial law. For me, their cross-border advice is the best in the market and their advice on very complex projects in the CEE is fast and on point.’
‘They are exceptional at understanding their clients’ needs and wishes. They will push to achieve client satisfaction.’
‘Clemens Rainer is a super-smart and tireless advocate who has a very good understanding of complex matters. His advice always considers all circumstances and even more so the potential long-term consequences of actions that may be taken.’
‘Peter Madl is extremely competent, has great experience and is always available.’
Key clients
Allgemeine Sparkasse Oberösterreich
Alpin Family Group
ARE Austrian Real Estate GmbH
Art-Invest Real Estate Funds GmbH
Bank Austria Real Invest
Bauconsult Group GmbH
Beyond Energy GmbH
BIG Bundesimmobiliengesellschaft – (BIG federal real estate company)
Birko Group
BVK
Catella
Carlyle Europe Real Estate
Choice Hotels
Commerz Real
CNH Industrial Österreich GmbH
DTH Arlberg Group
Eastern Property Holdings
Swiss Life
Slate Asset Management
Vermehrt Group
Work highlights
- Advised Slate Asset Management on its market entry into Austria and Slovakia with the acquisition of a portfolio of nine DIY markets via a share deal.
- Advised Vermehrt Group on its sale of the former TLAPA department store to LLB Semper Real Estate, as well as on a long-term lease agreement with the serviced apartments operator limehome for the building, which is currently under reconstruction.
- Advised Swiss Life on its acquisition of further assets in Vienna, including the Allianz Tech Center located in Vienna’s 14th district, and three residential projects.
Wolf Theiss Rechtsanwälte GmbH & Co KG
Recent instructions for the deep bench at Wolf Theiss Rechtsanwälte GmbH & Co KG include work related to climate crisis and energy issues; the group is able to call upon its strong multi-jurisdictional network of offices to advise on these global issues. Key team members include Erik Steger, Peter Oberlechner, Karl Binder, Birgit Kraml, and senior associate Stefan Horn. Transactional expertise is a key strength of the team, with both Horn and Oberlechner being particularly noted in this area.
Practice head(s):
Erik Steger; Peter Oberlechner; Karl Binder; Birgit Kraml
Other key lawyers:
Stefan Horn
Testimonials
‘Highly professional, proactive and considerate team.’
‘Karl Binder is the best real estate lawyer that we have worked with in years. Aware of all relevant details, very committed and always striving for the best possible outcome.’
‘The team provided us with very professional support in a major real estate transaction. We were able to rely on their quick and very precise work on every issue at all times. The team brings great experience to the table.’
‘Wolf Theiss’s real estate practice delivers outstanding service to its clients. They combine technically outstanding work with a passion for the client’s needs.’
‘When it comes to going the extra mile, the team around Birgit Kraml and Peter Oberlechner are remarkably responsive and caring for the client and the case.’
‘We are very happy with Wolf Theiss’ practice. I would like to highlight their market know-how, especially when it comes to real estate transactions. Besides that, you always feel valued and in safe hands. Their communication is clear and to the point, without any unnecessarily long memos or unclear information.’
‘I can highly recommend Stefan Horn, especially when it comes to complex real estate transactions. He is extremely quick in grasping the essential points of any given matter and never loses sight of details. He works even in stressful situations very thoroughly. Furthermore, he is exceptionally responsive and always available for his clients. He was really involved in the project and brought an excellent, solution-oriented manner to negotiations.’
Key clients
12.18. Investment Management
Adient Automotive
Dr. Jelitzka + Partner Gesellschaft für Immobilienberatung und -verwertung GmbH (JPI)
DEKA Immobilien Investment
Unibail-Rodamco-Westfield
Boehringer Ingelheim
Xelor Immobilien
Beds and Bars
The Embassies of Good Living
OBI Group
ÖBB
Westcore Properties
ZBI (Union Invest)
Work highlights
- Advising a multi-national pharmaceutical company on the development of a new research hub in Vienna’s largest urban development area.
- Advising Boehringer Ingelheim on the BioNEX project, an LSCC production centre in A-Bruck/Leitha.
- Advising Unibail-Rodamco-Westfield on the sale of a 45% stake of Shopping City Süd to Crédit Agricole Assurances.
Vavrovsky Heine Marth Rechtsanwälte
The ‘exceptionally forward-thinking and proactive‘ Christian Marth leads the group at Vavrovsky Heine Marth Rechtsanwälte. The firm’s ability to act as lead counsel in matters which require complex international cross-border collaboration and its international client base means that the group garners praise for its ‘great skills in dealing with international clients and in handling cross-border deals.’ At associate level, Lisa Haslinger is a key name for matters related to real estate public law, as well as high-value real estate transactions.
Practice head(s):
Christian Marth
Other key lawyers:
Lisa Haslinger; Nikolaus Vavrovsky; Daniela Pitzek
Testimonials
‘Christian Marth and his team have the highest level of expertise.’
‘The team is quick to respond, the quality of work is excellent. Team members are senior and very experienced and always available to support their clients.’
‘They have great knowledge of the real estate sector, have a quick understanding of the situation and provide well-considered answers. Great skills in dealing with international clients and in handling cross-border deals.’
‘Christian Marth is an outstanding real estate lawyer. He is creative in his solutions and he is equipped with extraordinary entrepreneurial thinking. He is also eagle-eyed when it comes to the fine print. He is exceptionally forward-thinking and proactive.’
‘Christian Marth and Lisa Haslinger are superb real estate lawyers with great legal expertise. In negotiations they are focused, constructive and strong.’
‘A fast, efficient cooperation, with a high quality of services provided and extraordinarily good availability, especially in critical situations.’
‘Very competent law firm that always puts the interests of its clients at the centre of its activities.’
‘Perfectly matched with regard to expertise, experience and agility, the team provides high-quality services in real estate, especially in matters with construction law aspects. Their market understanding is impressive and enables them to always see the bigger picture and seal even the most complex deals.’
Key clients
European Parliament
Institut für Sozialdienste, ifs, gemeinnützige GmbH
immo-humana
Real One Group
Auris Immo Solutions GmbH
BEOS AG
Bank Austria Real Invest Immobilien Kapitalanlage GmbH
Corpus Sireo Real Estate
ERSTE Immobilien Kapitalanlagegesellschaft m.b.H.
GalCap Europe
HT Group (formerly Hamburg Trust)
Imfarr Group
Ing. Hans Bodner Baugesellschaft mbH & Co KG
LLB Immo Kapitalanlagegesellschaft m.b.H. (Liechtensteinische Landesbank)
Nuveen LL.C.
Siemens Group Austria
STRABAG Real Estate GmbH
UBM Development Österreich GmbH
Union Investment Group
Work highlights
- Advised the European Parliament on drafting and negotiating the lease agreements for a new location of the Europa Experience in Vienna.
- Advising the Imfarr Group on a real estate transaction.
- Advising BEOS AG, a member of Swiss Life Asset Managers, on its market entry into Austria, by means of the acquisition of a portfolio of office and logistics real estate properties in and around Vienna.
Cerha Hempel
The deal-oriented team at Cerha Hempel is spearheaded by Peter Vcelouch. The offering is particularly focused on real estate funds, and practitioners represent every open real estate fund domestically. Generally, the group operates as a one-stop-stop, and regularly works on complex multi-jurisdictional real estate projects.
Practice head(s):
Peter Vcelouch
Testimonials
‘In addition to providing excellent legal advice, the team is exceptionally deal-oriented.’
‘Due to the empathetic approach in difficult negotiations and the highest professional competence, the success rate for a deal is certainly high.’
‘Excellent lawyers who have high quality. They deliver comprehensible advice instead of complicated statements. Very well organised, good team spirit.’
‘Our key contact is Mark Krenn. He is very fast and reliable, always taking into account the commercial aspects of a matter. He heads a team of high quality lawyers.’
‘The real estate team of Cerha Hempel is a very well established practice that covers all legal aspects of real estate at the highest level, from transactions to solving complex legal issues. They are virtually always available and you can count on them.’
‘I would like to single out Mark Krenn, who is a very versatile lawyer. He combines the highest levels of legal and industry knowledge with impressive negotiation and project management skills, making him a real asset in particular in transactions.’
‘High quality every time. Huge network within the firm, so that the firm can cover nearly every subject.’
Key clients
ARE Austrian Real Estate
Raiffeisen Immobilien Kapitalanlage GmbH
United Benefits Holding GmbH
SPAR Austria Group
Hervis Sports Group
Institute of Science and Technology Austria (ISTA)
Quantum AG
You Will Like it Group
Value One
SES Spar European Shopping Centers
numa group
AVEST Immobilien
LifeNet Health
areos development
Aberdeen Standard Investments
CA Immo
BUWOG
ÖRAG
Lidl Österreich
KWPS / AMISOLA Immobilien AG / NOVOREAL Immobilieninvest AG / ESTRELLA Immobilieninvest AG
ACRON
Raiffeisen Property International
VGP European Logistics
Flughafen Wien AG
Thyssenkrupp Industrial Solutions AG
Work highlights
- Acting as trustee for a project developed by United Benefits Holding in Vienna, encompassing more than 40 apartments.
- Advising SES Spar European Shopping Centers on joint ventures, lease agreements, transactions and construction matters.
- Advising Lidl Österreich on several real estate development projects and real estate acquisitions concerning new shop locations.
E+H Rechtsanwälte GmbH
With capabilities spanning transactional work, asset management, and finance, E+H Rechtsanwälte GmbH‘s team assists clients with a wide range of real estate projects. Practice head Alric Ofenheimer‘s diverse workload includes projects relating to portfolio transactions, luxury hotel projects, and commercial logistics centers. The team’s deep bench also includes Marco Steiner, who concentrates on infrastructure projects and large-scale development projects.
Practice head(s):
Alric Ofenheimer
Other key lawyers:
Johannes Feilmeir
Testimonials
‘A key legal player in the Austrian market. Very strong reputation and good team.’
‘Very focused on the project. Takes the time to advise the client quickly and properly. Highly responsive.’
‘Excellent legal expertise and accuracy. Good accessibility.’
‘Our primary contact is Johannes Feilmeir who we would gladly recommend to others. One can rely on a timely and excellent handling of all concerns. Complex legal issues are prepared in an understandable and clear manner, down to the last detail. In negotiations, Johannes Feilmair demonstrates negotiating skills and a feeling for his counterpart.’
Key clients
UBM Development AG
IMMOFINANZ AG
KanAM Grund Group
IMMOLA-Group
FATTAL-Group
Brisen Group
STC Development GmbH
Wiener Stadtwerke Group
Mogotel Group
Volvo Group Austria
Work highlights
- Advising a consortium consisting of GIP, KKR and Stonepeak on the intended acquisition of Telekom’s radio tower bus.
- Advised KanAm Grund on the acquisition of a logistics object in Austria.
- Advised Wien Energie on establishing a joint venture with ARE (a subsidiary of Bundesimmobiliengesellschaft) regarding the development of a new district- called Village im Dritten.
Saxinger, Chalupsky & Partner Rechtsanwälte GmbH (SCWP Schindhelm)
Immanuel Gerstner, who heads up the practice at Saxinger, Chalupsky & Partner Rechtsanwälte GmbH (SCWP Schindhelm), is a standout practitioner when it comes to real estate transactions. A significant recent mandate saw Gerstner and the team advising on the sale of the Austro Tower, one of the highest office towers in Austria, to Deka Immobilien Investment. The practice spans Austria, with offices in Vienna, Graz and Linz, and is well known in the Upper Austria region.
Practice head(s):
Immanuel Gerstner
Other key lawyers:
Irene Meingast; Lukas Leitner; Christoph Luegmair
Testimonials
‘Available at short notice and reliable.’
‘The team really understands what we need, and provides reliable legal advice, commitment, fast reactions and practical solutions. The engagement is exceptional, they are extremely committed.’
‘We have been working with Irene Meingast for years. She really goes the extra mile. I have never worked with a lawyer before that is as reliable as her, and knows the details of all the cases so well. Always gives excellent legal advice and understands our commercial and organisational needs.’
Key clients
Soravia Investment Holding GmbH (part of Soravia Group)
IES Immobilien Gruppe
ARE (Austrian Real Estate Development GmbH)
UBM Development Österreich GmbH
Strenia engineering & invest GmbH
Realbüro Meir GmbH (Meir Immobilien Group)
Rainer Group
Work highlights
- Advising Soravia on the sale of the Austro Tower to German institutional investor Deka Immobilien Investment.
- Advising Meir Immobilien Gruppe on the sale of a major logistic real estate.
- Advising Soravia on its acquisition of the Eagle supermarket property portfolio spread across seven Austrian federal states from Pfeiffer Beteiligungs.
Binder Grösswang
The broad practice at Binder Grösswang has equal strength on both the regulatory and transactional sides, and has a particular niche in tenancy law. ‘Highly reliable, smart and flexible’ Markus Uitz leads the team. Another key practitioner in the team is Tibor Fabian, who has over a quarter of a century’s experience in real estate law, including transactions and financing.
Practice head(s):
Markus Uitz
Other key lawyers:
Tibor Fabian
Testimonials
‘Markus Uitz is highly reliable, smart and flexible. He reacts fast, and has high integrity.’
Key clients
voestalpine
Raiffeisen Property International
GIC
Travel Partner Group
VB Real Estate Services
The Blackstone Group
Leasinvest Real Estate
Five Guys
P3 Logistic Parks
Frey Invest
Ennismore International
Belvilla
Work highlights
- Advised Ennismore on the acquisition of a large hotel portfolio in Austria.
- Advising international holiday home platform Belvilla on real estate matters related to its expansion to Austria.
- Advising P3 Logistic Parks, a developer of European warehouse properties with headquarters in the Czech Republic, on all real estate matters in Austria.
CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH
CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH‘s practice was able to leverage its international strength during the Covid-19 pandemic, and was able to advise clients on the impact of the situation on leases and construction projects in around 40 countries. Nikolaus Weselik heads up the team and is well supported by Mariella Kapoun, who is lauded for a ‘high level of skill and a pragmatic approach‘, and is a key figure in the team for real estate litigation.
Practice head(s):
Nikolaus Weselik
Other key lawyers:
Mariella Kapoun; Johannes Hysek
Testimonials
‘Johannes Hysek is focused, has above-average know-how, and is solution-oriented.’
‘Flexible. All employees are perfectly aligned with the mission and are always up to date.’
‘Mariella Kapoun has a high level of skill and a pragmatic approach.’
Key clients
Greiner AG
Quantum Immobilien KVG
REWE
Arena Hospitality Group (AHG)
Allianz Real Estate Germany GmbH
Central European University (CEU)
MLP Group
Greystar
Work highlights
- Advising a German institutional investor on its market entry into Austria and the acquisition and development of a logistics project in Austria.
- Advising REWE on its sale of major parts of the Austrian cash and carry business to Metro Group.
- Advising an Austrian insurance entity on the development and lease of its prime location in Vienna Am Graben.
Grama Schwaighofer Vondrak Rechtsanwälte
Commended for its ‘fast responses and ability to handle transactions‘, Grama Schwaighofer Vondrak Rechtsanwälte is particularly active in transactions within real estate. Practice group head Andreas Schwaighofer is a key team member in these transactions, but is also experienced in litigations and arbitrations. The group adopts a multidisciplinary approach which is most evident in its co-operation with corporate law specialists, and Georg Zacherl is an expert in this area.
Practice head(s):
Andreas Schwaighofer
Other key lawyers:
Georg Zacherl
Testimonials
‘Georg Zacherl and Andreas Schwaighofer are great at reaching the goal in a fair way for both parties.’
‘GSV offers clients a very fast, client-oriented service. I am very happy with their work, their fast responses and ability to handle transactions.’
‘Georg Zacherl is very knowledgeable, always available and offers pragmatic solutions. I value his calm and solution-oriented approach in negotiations.’
Key clients
VERBUND AG
Accelerate Property Fund
F. LIST GMBH
Hypo NOE Group
BUWOG Group GmbH (Vonovia group)
Pearle AT
Asset One Immobilienentwicklungs GmbH
Immowert Group
MEFUNDUS GmbH
Collins Property Projects (Pty) Ltd
Real I.S. AG
Bauwerk Immobilien Group
Moser Immobilien Group
Soulier Group
Work highlights
- Advising Accelerate Property Fund on the sale of nine OBI locations in Austria and Slovakia to Slate by way of a share deal.
- Advising Real I.S. on the acquisition and lease of the hotel Mooons by way of an asset deal.
- Advising Marina Tower (a joint venture between BUWOG Group and IES Group) on the establishment of condominiums and the selling of apartments in Vienna through property developer contracts for about 650 objects.
KWR Karasek Wietrzyk Rechtsanwälte GmbH
KWR Karasek Wietrzyk Rechtsanwälte GmbH demonstrates a breadth of expertise in real estate, from initial public law issues all the way through to acquisition or sale, including project structuring, planning, contract drafting and defect management. Paul Schmidinger and Jan Philipp Schifko jointly lead the team. Schmidinger is often supported on large-scale real estate projects by Andreas Herrmann, whose varied client base includes private clients and large technology companies.
Practice head(s):
Paul Schmidinger; Jan Philipp Schifko
Other key lawyers:
Andreas Herrmann
Testimonials
‘Always supportive and they try to be available as much as possible for the client’s demands. Extremely experienced and very efficient.’
‘The whole process is excellent.’
‘Jan Philipp Schifko and his team are always present. The knowledge and the style of work are quite unique.’
Key clients
Wirtschaftsraum Amstetten GmbH
Wirtschaftsagentur Wien
3 SI Immogroup
CORAG Group
LRP Projekte GmbH
FPF Immobilien
Lions CPRE
BIG Bundesimmobiliengesellschaft m.b.H.
Pretia GmbH
ROX Group
Schönhaus-Group
Handler Group
WT 80 Group
ARE
CAIM Holding/ ORCADO Group
Haring Group
Mooons Group
Fourreal-Group
BVAEB
Caritas Wien
Work highlights
- Advised the City of Amstetten on the urban development of over 47,000 square metres of central real estate objects.
- Advising Wirtschaftsagentur Wien on the development of a new laboratory building in Vienna.
- Assisted ORCADO/Haring Group with the development and sale of a residential project in Vienna’s 21st district, comprising over 200 apartments.
Nemetschke Huber Koloseus Attorneys at Law
Practitioners at Nemetschke Huber Koloseus Attorneys at Law show a strong focus on development work, and have recently been expanding into many new sectors, including the food and drink industry. Alfred Nemetschke acts as one half of the leadership duo, and is a name to note for advice on project development and financing matters. Nemetschke runs the team alongside Alexandra Huber, whose real estate work spans Austria and the CEE region.
Practice head(s):
Alfred Nemetschke; Alexandra Huber
Key clients
Forstinger Österreich GmbH
aik Immobilien-Investmentgesellschaft mbH
C&P Immmobilien AG
Commerz Real Investmentges.m.b.H.
TELVI Immobilien Management und Entwicklung GmbH
Otto Immobilien GmbH
Work highlights
- Advising C&P Immobilien on construction contracts, audits, and loan agreements.
- Advising many major names from the tourism and gastronomy businesses on issues relating to real estate contracts as a consequence of the Covid-19 pandemic.
- Advising an operator of ten cafes and restaurants in Vienna on real estate contracts.
EY Law - Pelzmann Gall Größ Rechtsanwälte GmbH
The group at EY Law - Pelzmann Gall Größ Rechtsanwälte GmbH leverages its multidisciplinary strengths, consequently 'acts as a one-stop shop for law and tax services'. Another standout feature of the group is its regulatory knowledge, and its assistance with the planning and implementation of development and construction projects, specifically large urban development projects. Stephan Größ heads the group, in which Julia Karl is also notable; the pair are described as ‘excellent lawyers and negotiators’.
Practice head(s):
Stephan Größ
Other key lawyers:
Roman Jatzko; Julia Karl
Testimonials
‘We really enjoy working with Stephan Größ and the team. They advise us on transactions as well as on project development issues.’
‘Stephan Größ has deep expertise. He is very pragmatic and he can get deals done.’
‘Strong and experienced legal practice. Big team.’
‘Good negotiators that test the limits of what is achievable.’
‘Stephan Größ and Julia Karl are excellent lawyers and negotiators. They are deal-oriented and very responsive. The team is very well known for its real estate expertise.’
‘The firm is well positioned. We have been working with the relevant people in the field of real estate for years. The cooperation with other departments always works very well.’
‘Partners are always involved. Feedback is direct and fast. We appreciate the cooperation very much. I would like to emphasise in particular Stephan Größ and Roman Jatzko.’
‘We like to work with Stephan Größ und his EY Law team on complex transactions. We highly appreciate their thorough understanding of real estate law and of regulatory matters. The team seamlessly cooperates with EY Tax, and so they act as a one-stop shop for law and tax services.’
Key clients
Nuveen / European Cities Fonds
ERSTE Immobilien KAG
Familienwohnbau
ARE Development
B&B Hotels
LIMESTONE Developers
Odyssey Hotels
Palmira
Stadtgemeinde Korneuburg Stadtentwicklungsfonds Korneuburg
Warburg-HIH
IntReal
Wien3420 Aspern Development AG
DWK Die Wohnkompanie
ZBI Zentral Boden Immobilien Gruppe
Work highlights
- Advising Stadtgemeinde Korneuburg sowie Stadtentwicklungsfonds Korneuburg on the development and structuring of a project relating to the former Korneuburg shipyard on the Danube.
- Advised Zentral Boden Immobilien Gruppe on the purchase and development of the residential project High 5 in Linz.
- Advising Wien 3420 Aspern Development on the Seestadt Aspern urban development project.
BPPA Brandstetter Baurecht Rechtsanwälte GmbH
BPPA Brandstetter Baurecht Rechtsanwälte GmbH is described as a ‘real one-stop shop when it comes to real estate projects‘, advising private clients, businesses and investors alike, both nationally and internationally. Practice head Dominik Baurecht is singled out by one client as ‘an outstanding lawyer with tremendous knowledge, experience, a sharp mind and integrity’.
Practice head(s):
Dominik Baurecht
Testimonials
‘The lean and modern law firm BPPA Brandstetter Baurecht Rechtsanwälte provides full legal support concerning real estate law at the highest level. A real one-stop shop when it comes to real estate projects. In addition to a deep understanding of real estate and construction law, the firm has an extensive knowledge of the technical and economic aspects of real estate and construction.’
‘Dominik Baurecht is an absolute expert in the field of real estate law. He is our contact person for all questions. He is a highly respected lawyer and was recommended to us before we were given the mandate. We greatly appreciate his expertise. He has an enormous depth of knowledge.’
‘All the lawyers are outstanding.’
Key clients
SÜBA AG
SÜBA Bau und Projektmanagement GmbH,
SÜBA Holding Hungary GmbH
NATA Immobilien GmbH
Gutmann Real Estate Group
RED Real Estate Development GmbH
MZG Immo Management und Beteiligungs GmbH
DLA Piper Weiss-Tessbach Rechtsanwälte GmbH
DLA Piper Weiss-Tessbach Rechtsanwälte GmbH‘s team has an international reach. Standout recent work includes assisting commercial tenants and landlords with negotiations and litigious matters, and the group has broadened its offering in this area over the past year. Oskar Winkler, who leads the team, has experience in large real estate transactions both domestically and internationally.
Practice head(s):
Oskar Winkler
Testimonials
‘The knowledge of the group is very deep and therefore they can offer solutions for each legal issue. The thinking of people we have worked with is well considered and forward-looking. They solve the given legal task but also take into account and draw the client’s attention to the future outcome of the situation.’
‘They remove the burden of legal issues from the client thus the client can focus on business decisions. They are quick and reliable, keeping to all deadlines which were agreed.’
Key clients
Flins Capital Partners GmbH
Deere & Company
Work highlights
- Advised Flins Capital Partners on a mezzanine financing for Vienna’s Althan Quartier.
- Advising John Deere on the real estate aspects of the acquisition of stakes in the US shareholders of Kreisel Electric.
Fellner Wratzfeld & Partners
Fellner Wratzfeld & Partners has advised on some large domestic real estate transactions over the past year, and has also supported Austrian banks which have continued their divestiture process. The group also has a strong track record of litigation within real estate. Practice co-head Michael Hecht is described as ‘a real expert’, and runs the team with his counterpart Markus Kabaja.
Practice head(s):
Michael Hecht; Markus Kajaba
Testimonials
‘Michael Hecht is a real expert in the real estate industry. He is solution-oriented and focuses on what is possible.’
Key clients
ARE Austrian Real Estate GmbH
6B47 Real Estate Investors AG / JTP 3 Alpha GmbH & Co KG
City of Klosterneuburg
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
Viadonau
Wiener Immobilien Group
Work highlights
- Advised UIV Urban Innovation Vienna, a Wien Holding company, on finding a location for a new multifunctional arena for staging concerts and sports events.
- Advising IKEA Einrichtungen-Handelsgesellschaft on the process of building a branch at Vienna’s Westbahnhof station.
- Advised Steinhoff Group on the sale of KIKA/Leiner to SIGNA Group.
Graf Patsch Taucher Rechtsanwälte
The team at boutique firm Graf Patsch Taucher Rechtsanwälte concentrates on transactions, and is particularly prolific in the hotel industry, but also works on commercial and residential real estate development matters. Alexander Patsch is at the helm, frequently assisting clients looking to acquire commercial and private real estate across the CEE region.
Practice head(s):
Alexander Patsch
Testimonials
‘Very competent and flexible team.’
Key clients
C.21.a Projektentwicklungs- und Errichtungsgesellschaft m.b.H., Austria
ZDU Holding GmbH, Germany
T-Centrum. CZ, a.s., Czech Republic
Renafan Group, Germany/Austria
Prime Site Retail Immobilien AG, Austria
Perchtoldsdorf City, Austria
Nesta GmbH, Austria
ÖAD Wohnraumverwaltungs GmbH, Austria
Caelum Development GmbH, Austria
Aurum Estate Immobilienentwicklungs GmbH, Austria
CCM Café GmbH, Austria
Borealis AG, Austria
Work highlights
- Advised C.21.A. Projektentwicklungs- und Errichtungsgesellschaft on the development of the commercial and residential area around the new central railway station in Vienna.
- Advising companies of the ZDU-Group on the development and sale of a number of residential property projects.
- Advised Caelum Development on a public tender for the purchase of a major land plot in the Seestadt development area.
HSP Rechtsanwälte GmbH
The principle focus of the real estate team at HSP Rechtsanwälte GmbH is on the intersection between public and civil law, and real estate. Team leader Peter Fassl is, in the words of one client, ‘a highly respected lawyer in the field of real estate law’. The group advises clients in connection with real estate financing, and Markus Busta is an important figure in this regard.
Practice head(s):
Peter Fassl
Other key lawyers:
Valentin Engelbert
Testimonials
‘HSP Law has an excellent reputation in the field of real estate. The team is able to clarify many cross-border issues.’
‘Peter Fassl is a highly respected lawyer in the field of real estate law. We greatly appreciate his expertise. He has extensive knowledge in construction and real estate law. Response times to enquiries are incredibly short and the answers often impress us with their level of detail. His solutions are always geared to our needs and in line with the requirements of the market.
‘Valentin Engelbert caught our attention. This was in connection with short response times, clear and quick explanations, and a solution-oriented attitude. He has a very strong sense of the essence of a case.’
Key clients
IEV Investment Entwicklung & Vermietung AG
Brehmstraße Projekt GmbH
B Real Immobilien GmbH
400 Four Hundred Real Estate GmbH
BC Seering GmbH & Co KG
6B47 Real Estate Investors AG
WINEGG Realitäten Gesellschaft m.b.H.
DWK – Die Wohnkompanie GmbH
UBM Development AG
Sedlak Immobilien GmbH
SÜBA AG
BIP Immobilien Development GmbH
Ulreich Bauträger GmbH
Crownd Real Estate
immo 360 grad GmbH
Work highlights
- Advising 6B47 Real Estate Investors on all real estate and construction matters throughout all stages of the project’s execution.
- Advising UBM Development on project development issues relating to the Leopold Quarter project from both a public and private law perspective.
- Advised SÜBA Bau und Projekterrichtungs on all relevant legal questions arising from the purchase of the Wolfganggasse property.
Jank Weiler Operenyi
Jank Weiler Operenyi advises on real estate sale and acquisition projects in multiple jurisdictions, and Gabriele Etzl has over 20 years’ experience in real estate, with an increasing amount of work for private clients. Elsewhere, counsel Miriam Nehajova, whose clients ‘benefit from global networking, comprehensive know-how and local contacts’, regularly assists clients with complex real estate projects and project developments.
Practice head(s):
Gabriele Etzl
Other key lawyers:
Martin Barrett; Miriam Nehajova; Andreas Jank
Testimonials
‘Gabriele Etzl and Martin Barrett have a flexible working approach and deep knowledge. They are proactive and timely.’
‘Outstanding know-how. Excellent communication with the client and third parties. Very business-focused and hands-on mentality.’
‘Andreas Jank has a hands-on mentality, and is quick and smart.’
‘Gabriele Etzl is a highly experienced real estate partner with a strong focus on the real key topics. She is clever and persistent.’
‘Miriam Nehajova really makes an effort for her clients.’
‘They assist clients through expertise, know-how, an international network and a comprehensive understanding of the requirements of daily business. Due to the close cooperation between the tax and legal team, our firm gets the best-fit solutions under the one roof that are perfectly coordinated from a legal, tax, strategic and business management perspective.’
‘Miriam Nehajova’s clients benefit from global networking, comprehensive know-how and local contacts. Thanks to her strong global and local network, she does not set limits to her services in terms of content, language or location. She is competent, reliable, practice-oriented and seeks solutions instead of problems. She manages to convey her expertise and competence while remaining authentic.’
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
Benetton Group S.r.l.
Österreichischer Fussball-Bund (ÖFB)
Betha-Zwerenz-Krause GmbH
Universal Investment / BVK Europa-I-Immobilienfonds
Immofinanz AG
Land Niederösterreich (Province of Lower Austria)
IG Immobilien Management GmbH
Immowert Immobiliengruppe
FOX Group
Generali Real Estate S.p.A,
Raiffeisen-Landesbank Niederösterreich Wien
Bank consortium (Raiffeisen Landesbank Niederösterreich Wien and Erste Bank)
Work highlights
- Advised DWK Die Wohnkompanie GmbH on several residential development projects with relating to approximately 300 condominium units in Vienna.
- Advising Universal Investment on the financing of the acquisition of large-scale residential properties on an ongoing basis.
- Advising Akron Group on real estate transactions on an ongoing basis.
Pitkowitz & Partners
The team at Pitkowitz & Partners lauded by clients for its expertise in development projects concerning hotel, residential and office buildings, but is also strong in transactional matters. Practice head Martin Foerster co-founded the firm in 2021 after leaving GRAF ISOLA, and has a strong track record of assisting with real estate transactions from the buyer and the seller side.
Practice head(s):
Martin Foerster
Testimonials
‘The team has many years of experience working together on complex real estate projects.’
‘Martin Foerster is very good at breaking down complex issues to their core and finding workable solutions. A very sharp mind!’
‘We are working together with Martin Foerster for some years and are impressed by his clear and precise advice.’
Key clients
McArthurGlen
Regus / IWG
General Dynamics
Fleissner Group
New Yorker
Wiener Standort Entwicklung GmbH
TrammellCrowCompany
Work highlights
- Advising McArthurGlen Group on all leasing matters relating to its designer outlet centres in Salzburg and Parndorf.
- Assisted a subsidiary of Wien Holding with the setting up of the new city quarter Viola Park.
- Assisting Fleissner Group with the development of three business hotels in major Austrian cities, including advising on operator agreements with international hotel chains and forward purchase agreements with investors.
PwC Legal Austria-oehner & partner
PwC Legal Austria-oehner & partner‘s real estate and construction team is valued for its 'strong focus on finding constructive solutions'. Group head Karl Koller has a sector specialism in the hotel and leisure industry, and this extends to the team as a whole. Koller is well supported by Simone Maier-Hülle, who principally assists medium-sized real estate businesses.
Practice head(s):
Karl Koller
Other key lawyers:
Maurer Kollenz; Simone Maier-Huelle
Testimonials
‘Very good accessibility and flexibility. Transparent communication and clear discussion of possible red flags and solutions.’
‘Exceptional commitment to us as a client and a strong focus on finding constructive solutions to the transaction. Karl Koller impressed us not only with his expertise, but also with his negotiating skills and empathic ability to bring the parties together.’
‘Good understanding of complex situations.’
‘Maurer Kollenz has great listening skills and grasps the key points to ensure successful progress.’
Key clients
Adina Apartment Hotels
Catella Residential Investment Management GmbH
Kara Group of Companies
Manpower
MERYN+Partners
The Student Hotel
Vienna Airport
Zoku
Work highlights
- Advised Catella Residential Investment Management on the acquisition of two residential projects.
- Advised Vienna Airport on the sale of a sizable brownfield property to an investor for the development of a logistics centre.
- Advising PARKVILLA M17 on the development of luxury apartments in an affluent neighbourhood of Vienna.