Dorda has advised DLH Real Estate Austria, a company owned by the Zech Group, on the sale of two logistics properties and the forward sale of two additional logistics properties to Germany's Deka Immobilien. The buyers were advised by Schoenherr.
The Gamma 1 and Gamma 2 logistics properties acquired by Deka Immobilien are located on the Industrial Campus Vienna East, near the Vienna Schwechat airport. The Alpha 2 and Gamma 3 properties on the same campus which make up the forward deal are expected to be completed by the middle of next year and will have a rentable area of over 41,000 square meters with 131 parking spaces. According to Dorda, once completed, the Industrial Campus Vienna East will cover more than 120,000 square meters and will be the largest logistics campus in Austria.
Dorda's team consisted of Partner Stefan Artner and Lawyer Marie-Luise Pugl.
Schoenherr's team consisted of Managing Partner Michael Lagler and Counsel Ayla Ilicali.