Cerha Hempel has advised Raiffeisen Immobilien KAG on its acquisition of a business center in Kirchberg am Wagram, Lower Austria, for the R320 special real estate fund. Weik Attorneys-at-Law reportedly advised the seller.
"Completed in 2019, the business center has a usable floor space of approximately 2,300 square meters, with the possibility to expand it in the future to more than 3,000 square meters," Cerha Hempel informed.
Raiffeisen Kapitalanlage-Gesellschaft subsidiary Raiffeisen Immobilien KAG is an asset management company of the Raiffeisen Banking Group Austria.
The Cerha Hempel team was led by Partner Mark Krenn and included Senior Associate Marko Vladic and Associate Johanna Kaschubek.