Schoenherr has advised S Immo AG on the acquisition of the Zagrebtower office complex from CA Immobilien Anlagen AG. CMS advised the sellers on the deal.
The Zagrebtower has a total rental space of approximately 26,000 square meters and was built in 2007.
S Immo AG is a real estate investment company based in Vienna. Its portfolio consists of approximately 70% commercial properties (offices, shopping centers, and hotels) and 30% residential properties.
CA Immo is a Vienna-based property company specializing in the letting, management, and development of office buildings. It has property assets of around EUR 5.2 billion spread across Germany, Austria, and Eastern Europe.
Schoenherr’s team in Vienna included Partner Michael Lagler, Counsel Clemens Rainer, and Associate Wolfgang Rapberger, while its team in Zagreb included Attorneys Ksenija Sourek, Petra Santic, and Vice Mandaric, and Associate Ana Marjancic.
CMS’s Vienna-based team included Partner Clemens Grossmayer and Attorney Mario Maier.