Dorda has advised Universal Investment on the acquisition of Euro Plaza 6 from Austrian Kapsch Immobilien, an international road telematics, information technology, and telecommunications company in Vienna. Pistotnik & Krilyszyn reportedly advised the sellers on the deal.
The purchase price was not disclosed.
According to Dorda, the Euro Plaza 6 property is the last building of the office park developed by UBM. The property was acquired for the real estate fund set up by Universal Investment for the major institutional investor Bayerische Versorgungskammer, the Bavarian Supply Chamber. The property area has 13,700 square meters of leasable space, and its main tenant is RHI Magnesita.
The Dorda team was led by Partner Stefan Artner and included Attorney Marie-Luise Pugl.