Schoenherr has advised Euro Real Estate Holding on the indirect acquisition of the City Tower Vienna via United Benefits Holding from Immofinanz. Reportedly, Jank Weiler Operenyi advised Immofinanz and Wolf Theiss advised UniCredit Bank Austria.
Euro Real Estate Holding represents the real estate division of the Wilhelm von Finck family office.
According to Schoenherr, "with the purchase price being over EUR 150 million, this deal marks the biggest office real estate transaction on the Austrian market so far in 2024. The office building comprises a lettable area of approximately 26,600 square meters and is home to the Commercial Court Vienna, the district court for commercial pleas, and the district court for Vienna, Inner City."
The Schoenherr team included Partners Clemens Rainer, Michael Lagler, Laurenz Schwitzer, and Miriam Simsa, Attorneys at Law Markus Buchleitner, Christoph Jirak, and Mate Kovacs, and Associates Jutta Mayer, David Trojer, and Eva Arene.
