Cerha Hempel has advised Raiffeisen Property Holding International on the sale of an office building in the Neu Marx area in the third district of Vienna to the European Handball Federation via a forward purchase. Reportedly, Joklik, Katary, Richter advised the buyers on the deal.
Raiffeisen Property Holding International is a wholly-owned subsidiary of Raiffeisen Bank International AG. RPHI develops, manages, operates, and sells real estate in Austria and the CEE region.
According to Cerha Hempel, “the European Handball House will be the new headquarters of the European Handball Federation, boasting a total floor space of 5,600 square meters, with offices, a lecture hall, and its own TV studio. A 240-square-meter PV system is going to be installed on the roof. It is expected to be completed in autumn 2024. In the future, the European Handball House will host draws for top competitions such as the European Championships and the EHF Champions League, as well as international conferences and conventions aimed at further developing European handball with its more than 350 clubs.”
The Cerha Hempel team included Partners Mark Krenn and Heinrich Foglar-Deinhardstein, Attorney at Law Marko Vladic, and Associate Johanna Kaschubek.