CERHA HEMPEL

Real Estate Department

Austria
Current View:

This content is provided by Chambers. Learn more about our methodology

What the team is known for Comprehensive real estate and construction team, regularly advising on sizeable real estate development projects. Handles property and land plot acquisitions, lease agreements and shareholder agreements. Assists with construction contracts and related disputes. Additional expertise acting for international funds on real estate transactions, often in the retail sector. Also demonstrates expertise in innovative share deal structures. Frequently engaged in cross-border projects involving the CEE region.

Strengths Interviewees value the team's fast and comprehensive advice. One source says: "What I find very pleasant is that the lawyers dealt with the topics incredibly quickly."

Another interviewee reports: "They are dedicated and very easy to work with."

Work highlights Assisted SES Spar European Shopping Centers with construction law litigation cases and with drafting model construction contracts.

Notable practitioners

Mark Krenn counts a number of real estate funds and asset management companies amongst his clients. He frequently advises on transactions in the commercial and retail property sphere and assists clients with lease agreements. One client describes him as "very deal driven," whilst another adds: "He is unbelievably fast in dealing with topics and is always available."

Peter Vcelouch is particularly active on contentious construction-law matters, and also assists with non-contentious matters such as contractual law and project development. He advised Vienna International Airport on planning and construction contracts, as well as representing the airport in claims and court proceedings. One client describes Vcelouch as "precise, exact, reliable and quick."