Schoenherr has advised South Korean investment fund KTB Investment & Securities and KTB Asset Management on the indirect acquisition of the T-Center, an office building in Vienna, from GENO Saturn Tower/T-Center Immobilienbeteiligungsholding GmbH & Co.OG and BEGO - ZWP GmbH. The sellers were advised by DSC Doralt Seist Csoklich Rechtsanwalte.
The transaction involved the acquisition of 100% of the shares in Mm Liegenschaftsbesitz GmbH, which owns the T-Center office building. The terms of the transaction, which closed on April 1, 2019, were not disclosed.
The Schoenherr team was led by Partner Michael Lagler and Attorney at Law Clemens Rainer and included Partners Roman Perner and Franz Urlesberger and Attorney at law Laurenz Schwitzer.
The DSC team was led by Partner Wilfried Seist.