Real Estate
Europe Guide 2024 : Austria
Band 1
Email address
[email protected]Contact number
+43 1 533 47 95 0About
Provided by DORDA
Real estate projects have to comply with highly varied requirements and laws. DORDA advises vendors, buyers, investors and developers on the legal aspects of all manners of real estate and construction transactions, whatever their order of magnitude. We support clients from the planning phase onwards, by preparing transaction documents and ensuring that they choose the financial and fiscal solution that works best for them.
The DORDA Construction Group goes a step further by pooling our expertise in construction and real estate law and supporting clients throughout the entire process, from project planning and tendering through to claim management, representation in arbitral tribunals and courts, preparation of transaction contracts and the sale of a project.
- Real estate acquisitions and sales and portfolio transactions
- Guidance on all classes of assets (offices, logistics, residential, hotel contracts, serviced apartments)
- Forward purchase and forward funding transactions
- Sale-and-lease-back and demerger of properties
- Due diligence for real estate projects
- Retail, office and other leases
- Open and closed fund management
- Contracts with builders, architects and general contractors
- Development projects under the Austrian Development Contracts Act (Bauträgervertragsgesetz)
- Transfer of property and public building law
- Support throughout real estate development projects
- Real estate-related disputes and lawsuits
Chambers Review
Austrian law firm DORDA is exceptionally well regarded for its strength in real estate mandates, often advising domestic and international investors, developers and energy companies. The team is appreciated for its strength in acquisitions and sales of residential and commercial real estate assets, often involving share and asset deals and forward purchasing agreements. Tenancy agreements also fall within the firm's excellent real estate offering. Furthermore, clients benefit from the firm's expertise in urban development projects, including the set-up of joint ventures for development purposes. DORDA also convinces with its strong cross-border capabilities especially in the DACH region.
Work Highlights
- DORDA represented Deutsche Logistik Holding in the acquisition, development and sale of logistics properties in Austria.
Strengths
Provided by Chambers
"DORDA is one of the key leading Austrian real estate law firms."
"The lawyers at DORDA are very responsive and always there when you need them."
"The team has the ability to show us clear solutions even in questions for which there is no case law and literature."
"DORDA is one of the key leading Austrian real estate law firms."
"The lawyers at DORDA are very responsive and always there when you need them."
"The team has the ability to show us clear solutions even in questions for which there is no case law and literature."
Notable Practitioners
Stefan Artner is one of Austria's leading real estate experts and has long-standing expertise in the sale and acquisition of high-value residential and commercial properties. He also assists with M&A transactions involving property companies.
"His advice combines strategic aspects and economic implications when negotiating agreements and is always spot-on."
"You would choose Stefan Artner if you really want to close a complex deal."
"Stefan Artner is our first point of contact for complex questions of real estate law and transactions."
"He has enormous legal expertise. He is fast, effective, proactive and solution-oriented with strong negotiation skills."
Magdalena Brandstetter regularly assists developers, corporates and investors on the acquisition and sale of real estate portfolios and assets. She also frequently advises on residential leases and management agreements.
"I am very impressed by her quick comprehension and her ability to analyse and solve complex issues."
"Magdalena Brandstetter is super smart - she has a pragmatic, deal-oriented approach and always resolves key issues in the light of the economic background of the transaction."
Ranked Lawyers at
DORDA
Austria
Members
Provided by DORDA
Julia Haumer-Mörzinger
Magdalena Brandstetter
Head of Department