News and developments
DORDA supports EXETER Property Group in the sale of a last-mile logistics facility in Vienna
Led by DORDA Real-Estate Practice Group Partner, Stefan Artner, DORDA provided legal support for the sale of a logistics centre in Vienna's largest industrial and commercial area, some 10 km from the city centre. The successful closing of this share deal was supported by Magdalena Brandstetter, DORDA partner and expert in real estate M&A, hospitality as well as real estate and tenancy law, and Markus Buchleitner, associate at DORDA.
DORDA's real estate team had already advised on the purchase and development of the property. Now DORDA accompanied the negotiation of the contracts and the successful conclusion of the sale.
Stefan Artner: "Logistics is a very sought-after asset class, especially in corona times. I am very pleased to have successfully accompanied this forward-looking project with my team."
EXETER Property Group is one of the largest real estate investment managers in the world and focuses on the acquisition, development and management of logistics/industrial, office and life science properties, among others.