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CHSH Advises Universal-Investment on Acquisition of Micro Apartment Real Estate Asset in Vienna

CHSH Advises Universal-Investment on Acquisition of Micro Apartment Real Estate Asset in Vienna

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CHSH has advised Universal-Investment on its acquisition of the micro apartment real estate asset "Linked Living," located in close proximity to the campus of the Vienna University of Economics and Business, from Corestate for a special fund launched on the Luxembourg AIF platform of Universal-Investment. The transaction was structured as a share deal.

According to CHSH, the institutional fund is part of the new real estate umbrella fund launched by Frankfurt-based Universal-Investment on behalf of Bayerische Versorgungskammer (the Bavarian Pension Fund for Professional Groups) and invests primarily in micro apartments, especially in student housing in European university towns.

The CHSH team was headed by Partners Manfred Ton and Albert Birkner and included Partners Bernhard Kofler-Senoner, Stefan Huber, and Heinrich Foglar-Deinhardstein, and Senior Attorneys Matthias Nodl, Jakob Hartig, Alexander Babinek, and Christian Aichinger.

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