Wolf Theiss Rechtsanwälte GmbH & Co KG is adept at structuring deals and development projects focused around a variety of asset classes, with particular expertise in hotel and increasingly data centre projects. The team is also able to assist asset managers in restructuring their portfolios and financing arrangements, should they encounter solvency issues. Leading the group is the trio of Erik Steger, whose primary focus lies on both transactional and developmental matters in the hotel sector, Peter Oberlechner, who handles development projects spanning energy facilities, data centres and office space, and Stefan Horn, a further expert in hotel and leisure sector property deals, as well as landlord and tenant matters. Elisabeth Pötscher oversees transactions for renewable energy assets and other commercial properties. Karl Binder departed the firm in June 2025.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘I’ve had the distinct pleasure of working with Wolf Theiss on several complex transactions, and I can confidently say they are among the most exceptional legal professionals in the industry. Their work continues to set a benchmark in the CEE market.’
- ‘I’ve had the pleasure of working with Stefan Horn on several hotel real estate projects, and I can say without hesitation that his expertise in this niche is unparalleled. Stefan is widely recognised as Austria’s leading expert for hotel lease agreements, and his understanding of the sector, from operational structures to complex ownership and leasing models, is both deep and nuanced.’
- ‘The Wolf Theiss real estate team, in particular Stefan Horn, stands out as a trusted partner in hotel and hospitality transactions. We have worked closely together on mandates such as lease structuring and operator agreements for hotel developments in Vienna and Salzburg, where Wolf Theiss' legal expertise perfectly complemented our investment and operator advisory.’
- ‘Wolf Theiss expertly manages the entire spectrum of real estate law issues with exceptional proficiency. They approach routine legal tasks with the same professionalism as major, high-stakes transactions.’
- ‘Stefan Horn negotiates real estate contracts on another level. He consistently delivers top-tier legal support with the agility and precision that clients expect from leading international lawyer. Stefan is exceptionally available and always delivers on point.’
- ‘Stefan Horn and Erik Steger are just great lawyer and negotiators. They always know how far they can go and are respectful to the counter-party.’
Key clients
- Radisson Hotel Group
- JP Hospitality
- JPI Group
- AtlasEdge Data Centres
- Octapharma
- Vienna Insurance Group
- UBM Development
- Warimpex
- Dirkshof Beteiligungs-GmbH
- Adal Holding
- DSV Road
- Volksoper Wien
Work highlights
Advised Adal Holding on the acquisition of Apple's new headquarters in Linz, including on the due diligence, the purchase agreements and the financing of the transaction.
Advised Atlas Edge on the acquisition of a data centre from Siemens and on the subsequent expansion of the site via the development of a further data centre.
Advised JPI Hospitality Investors Club on the conclusion of several hotel development and lease agreements in Austria, Italy and Spain.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Erik Steger; Peter Oberlechner; Stefan Horn
Other key lawyers
Elisabeth Pötscher