BPV Huegel has advised Immofinanz on the acquisition of a 29.14% stake in S IMMO AG for approximately EUR 390 million from companies of the RPR group (approximately 14.6 million shares), represented by Eisenberger & Herzog, and the SIGNA group (approximately 4.9 million shares) reportedly represented by Arnold.
The transaction closed on September 21, 2018, following merger control approval.
S IMMO is a real estate investment company focused on capital cities in Austria, Germany, and CEE. Its portfolio has a value of approximately EUR 2 billion, predominantly consisting of offices, shopping centers, hotels, and residential properties. S IMMO is listed on the Vienna stock exchange.
Immofinanz focuses on the management and development of retail and office properties in Austria, Germany, the Czech Republic, Slovakia, Hungary, Romania, and Poland. Its real estate portfolio has a value of approximately EUR 4.2 billion. Immofinanz is also listed on the stock exchange in Vienna.
The BPV Huegel team led by Partner Christoph Nauer included Partners Thomas Lettau, Gerald Schachner, and Astrid Ablasser-Neuhuber, and Lawyers Daniel Reiter, Roland Juill, Julia Nicolussi, Kornelia Wittmann, and Franz Stenitzer.
Eisenberger & Herzog's team was led by Partners Peter Winkler and Josef Schmidt.
Arnold's team included Partners Nikolaus Arnold and Florian Arnold.
