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Baker & McKenzie Advises TH Real Estate on Sale of Properties in Wiener Neudorf

Baker & McKenzie Advises TH Real Estate on Sale of Properties in Wiener Neudorf

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Baker & McKenzie's Vienna office has advised TH Real Estate on the sale of two commercial properties in Wiener Neudorf to Bena Business Center GmbH. CMS advised the buyers on the deal.

Both properties are located in Austria's largest business park, the Industriezentrum Niederoesterreich Sud. Both the Ricoweg property and the Gewerbestraße property consist of a warehouse and an office wing, and taken together, they cover almost 9,000 square meters.

"In this transaction, we had to reconcile a tight time schedule with increased hedging requirements of the purchaser," said Baker & McKenzie Partner Stephan Gross, who headed the firm's team on the deal. Gross was supported by Associatess Franz Arztmann and Katrin Himberger and Junior Associate Michaela Koch.

Editor's Note: After this article was published, CMS informed CEE Legal Matters that its team was led by Partner Nikolaus Weselik, supported by Senior Lawyer Helmut Bruckner and Associate Mariella Kapoun.

Image Source: ecoplus.at

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