Real Estate
Europe Guide 2024 : Austria
Band 1
About
Provided by Wolf Theiss
Wolf Theiss' Real Estate & Construction team is the largest in Austria. With a high degree of specialisation among team members, they include sought after experts in new fields of law such as ESG.
Real Estate
- Real Estate Transactions: All aspects of national and cross-border real estate transactions.
- Real Estate Projects: From the purchase of real estate, EIA, planning, zoning, permits, to all construction, planning and financing agreements.
- Real Estate Leasing: Advising landlords and tenants on lease and public law, all related matters including real estate disputes.
- Real Estate Finance: Financial engineering, the regulatory environment behind the granting or receipt of a credit or loan, financing agreements and security packages.
Construction
- Infrastructure and building construction projects: Tunnelling and civil engineering projects including contract review, negotiation, completion, warranty phase.
- Industry Experience: Team members are qualified in construction engineering and/or have worked for big industry players. We understand the business from an industry perspective.
- FIDIC Contracts: Including interdisciplinary support on claim and contract management. Several team members are certified FIDIC adjudicators.
- Construction Disputes: Claims for securing evidence, (additional) compensation, damage claims, contractual penalties, disputes on geological and other risks. We regularly represent clients before courts, arbitral tribunals and dispute adjudication boards.
Chambers Review
Wolf Theiss boasts an enviable bench, capable of handling some of Austria's most prominent real estate and construction mandates. Well-known international corporates and investors seek the law firm's advice on large-scale acquisitions and sales of real estate assets and portfolios. The team is also active in infrastructure-related real estate transactions. Furthermore, Wolf Theiss has excellent strength in handling the full life cycle of construction projects, especially those relating to the energy, infrastructure and transport sectors. The team is particularly active on strategically important mandates for the Republic of Austria. With its expertise in disputes the firm augments its services. Thanks to its office networks across CEE, Wolf Theiss is a prime candidate for cross-border transactions.
Work Highlights
- Wolf Theiss assisted Böhringer Ingelheim with the EUR1.2 billion relocation project of its Austrian subsidiary.
Strengths
Provided by Chambers
"The lawyers at Wolf Theiss had absolute attention to detail and anticipated solutions for problems before they arrived."
"The team is extraordinary - they do amazing work, are far-sighted, constructive and equipped with a high level of knowledge."
"The expertise and ability to understand and solve complex issues from both a legal and technical perspective is Wolf Theiss' strength."
"The lawyers at Wolf Theiss had absolute attention to detail and anticipated solutions for problems before they arrived."
"The team is extraordinary - they do amazing work, are far-sighted, constructive and equipped with a high level of knowledge."
"The expertise and ability to understand and solve complex issues from both a legal and technical perspective is Wolf Theiss' strength."
Notable Practitioners
The market praises Peter Oberlechner as being one of Austria's leading practitioners. He is well placed to handle large acquisitions and sales of real estate assets, including shopping and logistics centres, with further expertise in urban development issues, redevelopment projects and lease agreements.
"In terms of real estate lawyers in Austria with a big reputation, Peter Oberlechner is at the top of the list."
Excellent practitioner Wolfgang Müller is held in high esteem for his strength in large-scale construction projects across Austria, especially in the transport, education and infrastructure sectors. The construction of headquarters and residential projects as well as disputes also fall within his outstanding breadth of expertise.
"He is a very bright and pragmatic lawyer who has a sound technical understanding due to his past experience as an engineer."
"Wolfgang Müller impresses with his specialist knowledge, extraordinary comprehension of complex issues quickly and presentation of solutions."
Thomas Anderl is involved in prominent infrastructure, plant and hospital mandates as well as office construction. His expertise also lies in disputes pertaining to construction defects.
"Thomas Anderl is highly responsive, offers great advice on the spot if needed, has in-depth knowledge of the facts in every case and is absolutely reliable."
"He has a high level of expertise and quick response times."
With a notable presence in the Austrian real estate world, Karl Binder regularly assists with complex sale and leaseback transactions and has expertise in the divestment of infrastructure assets and technology projects.
"Karl Binder works with absolute attention to detail, anticipating solutions for problems before they arrive."
Ranked Lawyers at
Wolf Theiss
Austria
Members
Provided by Wolf Theiss
Elisabeth Pötscher
Erik Steger
Head of Department
Hannah Schaflinger
Maximilian Benke
Michael Müller
Natascha Stanke
Philipp Szelinger
Sandra Seldte
Stefan Horn
Tanja Melber
Clients
Provided by Wolf Theiss
AFIAA Real Estate Investment AG
Alu König Stahl
Deka Immobilien Investment GmbH
Erste Group Immorent
GARBE Industrial Real Estate GmbH
McArthurGlen Group
OBI Group
PORR
REWE Group
STRABAG
Soravia
Wiener Linien
ZBI Zentral Boden Immobilien Gruppe
Industries
Provided by Wolf Theiss
Banks
Construction
Construction Materials
Funds
Infrastructure
Institutional Investors
Private Clients
Private Equity
Real Estate
Retail