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E+H Advises Immola Group on Sale of Residential Project in Graz to Wealthcore

E+H Advises Immola Group on Sale of Residential Project in Graz to Wealthcore

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Eisenberger + Herzog has advised the Immola Group on the sale of its residential project in Graz to Wealthcore. Eversheds Sutherland reportedly advised Wealthcore on the deal.

Immola is an urban development company. Wealthcore Investment Management offers individual investment products for investors. The transaction was carried out as part of a forward deal. Financial details were not disclosed. 

According to E+H, “the new project will cover a total area of approximately 4,300 square meters and is located on the corner of Babenbergerstrasse and Keplerstrasse, close to Graz's main train station. When completed in 2023, the residential project will offer 63 residential units, underground parking spaces, and commercial space at the street level.”

E+H’s team included Partner Alric Ofenheimer, Associate Helena Neuner, and Lawyer Johannes Feilmair.

Eversheds Sutherland at a Glance

Eversheds Sutherland with offices in Bratislava and Prague and as part of an international network, provides comprehensive legal advice also in foreign jurisdictions.

Our team consists of a total of more than 40 lawyers in the Czech Republic and Slovakia, most of whom have previously worked at major international and local law firms and have extensive experience in particular in the areas of corporate law, including mergers and acquisitions, capital markets, real estate, employment law, competition law, litigation and arbitration, energy, infrastructure, as well as environmental and ESG law.

Our advisory services are offered in Slovak, German, Czech and English language. Members of our team include attorneys registered with the Austrian Bar Association. On this basis, and because we are part of Eversheds Sutherland, we are also able to offer extensive legal support on various foreign legal issues.

We listen to our clients, we understand their business and we also understand what they need. So we can always find the best solution for the particular situation. We work quickly, efficiently and take responsibility for our work.

Firm's website.