Bpv Huegel has advised Immofinanz on increasing its shareholding in S IMMO from CPI Property Group for EUR 337.5 million. Wolf Theiss advised CPI Property Group.
Immofinanz is a commercial real estate group whose activities are focused on the office and retail segments in Austria, Germany, Poland, Czech Republic, Slovakia, Hungary, Romania, and the Adriatic region. The real estate portfolio has a value of approximately EUR 5.5 billion and covers 260 properties.
According to Bpv Huegel, Immofinanz now has a controlling stake in S IMMO, standing at “50% plus one share. The transaction will be financed through a long-term credit facility provided to Immofinanz by CPIPG.”
Bpv Huegel’s team included Co-Managing Partner Christoph Nauer, Partners Ingo Braun, Nicolas Wolski, Daniel Reiter, and Jasmin Slavik, and Attorney at Law Roland Juill.
Wolf Theiss' team included Partners Florian Kusznier and Claus Schneider.
