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Dorda Advises KGAL on Acquisition of Office Building in Vienna

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Dorda has advised KGAL on the acquisition of the VIE office building in Vienna.

KGAL is an asset and investment manager headquartered in Munich.

According to Dorda, "located in the heart of Vienna's 3rd district, the 14,100 square meter property was acquired by CA Immobilien Anlagen AG on behalf of a German special fund mandate from KGAL. Known for its sustainable construction, the ViE is DGNB Platinum and EU Taxonomy certified, making it a sought-after property for environmentally conscious investors."

The Dorda team included Partner Magdalen Brandstetter and Associate Diane Steindl.

Dorda did not respond to our inquiry on the matter.