Both investors and property developers come to Schoenherr (Schönherr Rechtsanwälte) for assistance with complex transactions across the CEE region, handling portfolio transactions in addition to structuring funding and purchase deals. Practice head Michael Lagler is an expert in overseeing real estate portfolio transactions and property-heavy M&A, including structuring deals for distressed portfolios. Clemens Rainer specialises in supervising investments flowing into and out of the Austrian and CEE real estate markets, while Ayla Ilicali handles the securitisation of real estate assets and represents creditors in the event of insolvencies in the real estate sector.
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Testimonials
Collated independently by Legal 500 research team.
‘Michael Lagler, together with his team, solved highly complex issues in a very professional manner. His advice is always extremely to the point. His negotiation skills are outstanding. Michael is an excellent real estate lawyer who actively suggests and implements solutions. His team is one of the best on the market, very focused and always available.’
‘Michael Lagler is well connected within the industry, has outstanding knowhow and a target and solution-orientated approach and availability. Similar for Clemens Rainer.’
‘The real estate practice group is a team of highly specialised experts who provide excellent advice in all areas and along the entire real estate value chain. The team is characterised by a sound legal approach coupled with an understanding of the economic context.’
‘Michael Lager and especially Clemens Rainer always provide solutions, even for the most difficult issues that arise when implementing transactions. Great availability combined with very good market knowledge make this team the place to go when it comes to property.’
Key clients
- Allgemeine Sparkasse Oberösterreich AG
- AREALIS
- ARE Austrian Real Estate
- Art-Invest Real Estate
- AtlasEdge
- A.T.U Auto-Teile-Unger Handels
- Bank Austria Real Invest Immobilien-Kapitalanlage
- Bauconsult Energy
- Beyond Energy
- Bundesimmobiliengesellschaft m.b.H.
Work highlights
- Advised Union Investment Real Estate on the sale of the Space2Move office complex.
- Acted for Euro Real Estate on the acquisition of the City Tower Vienna for over €150m.
- Advised RALT Raiffeisen-Leasing on the acquisition of an 80% share in Center Wien Mitte from UBM Development.
Lawyers
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Next generation partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Michael Lagler
Other key lawyers
Clemens Rainer; Ayla Ilicali; Markus Buchleitner