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CHSH Acts as Escrow Agent on CA Immo Sale of 35% Stake in Airportcity St. Petersburg to Warimpex

CHSH Acts as Escrow Agent on CA Immo Sale of 35% Stake in Airportcity St. Petersburg to Warimpex

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CHSH has acted as escrow agent on CA Immo's sale of a 35% stake in Airportcity St. Petersburg to Warimpex. Closing took place in August 2019.

Founded in 1987, CA Immo specializes in office properties in the capital cities of Central Europe and controls property assets of approximately EUR 4.7 billion in Germany, Austria, and CEE. It is headquartered in Vienna.

Warimpex Finanz- und Beteiligungs AG is a real estate development and investment company that is headquartered in Vienna and listed on the stock exchanges in Vienna and Warsaw. The company has developed properties worth over one billion euros over the past 30 years and is currently active in CEE, Russia, Austria, Germany, and France.

The CHSH team was led by Partner Mark Krenn.

CHSH did not reply to our inquiry on the matter.

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