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Schoenherr Advises Invester United Benefits on Sale of Wohngarten Project to ZBI Zentral Boden Immobilien Gruppe

Schoenherr Advises Invester United Benefits on Sale of Wohngarten Project to ZBI Zentral Boden Immobilien Gruppe

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Schoenherr has advised Invester United Benefits on the sale of the Wohngarten residential construction project in Vienna to ZBI Zentral Boden Immobilien Gruppe. Wolf Theiss advised the buyers on the deal, which is expected to close by the end of June 2020.

The Wohngarten project covers an area of ​​around 35,300 square meters, and construction is scheduled to finish in late 2021. According to Schoenherr, "Invester United Benefits continues to bear project responsibility and is responsible for the entire exploitation and local asset management.”

Schoenherr’s team included Managing Partner Michael Lagler, Counsels Clemens Rainer and Stefanie Aichhorn-Woess, and Trainee Lawyer Wolfgang Rapberger.

Wolf Theiss’ team was led by Partner Erik Steger.

Wolf Theiss at a Glance

With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.

Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

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