Deloitte Legal has advised Immofinanz on its sale of office properties in Wienerberg, Vienna, to S Immo. Dorda reportedly advised Immofinanz as well. Schoenherr reportedly advised S Immo.
In total, the target assets comprise six properties with a rentable area of around 128,000 square meters and a project development with around 20,000 square meters, which will be completed in the summer of 2023.
Immofinanz is a commercial real-estate company based in Vienna. It focuses its activities on the retail and office segments and operates in the markets of Austria, Germany, the Czech Republic, Slovakia, Hungary, Romania, Poland, and the Adriatic region.
S Immo is a real estate investment company that invests in properties in Austria, Germany, and Central and Eastern Europe.
The Deloitte Legal team included Partners Gabriele Etzl and Andreas Jank.