Western Europe - Austria
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Real estate

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Cerha Hempel

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Cerha Hempel‘s real estate team is ’always keen to drive things forward’ when it comes to transactions in Austria and further afield in Europe, including forward funding and sale structures for properties under development, with expertise across the office, retail and hotel sectors. ‘Exceptional lawyer’ Mark Krenn spearheads the firm’s real estate efforts, overseeing a number of deals in the CEE region for institutional investors, and also assisting developers over the lifespan of a project. Peter Vcelouch takes the lead on planning and construction matters in addition to handling litigation in the real estate sector, while Alistair Gillespie’s expertise straddles real estate and M&A transactions.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘CH covers the full range of real estate law matters at a very high level. They handle legal work in a very professional manner. Consequently their advice always is understandable for their clients and to the point.’

  • ‘Mark Krenn is an exceptional lawyer. He has deep knowledge of the real estate sector and is always focused on finding the best solutions. We really value his strong negotiation skills and his practical, straightforward approach. He is always available and easy to reach, making the whole process much easier. Mark is someone we fully trust to handle our real estate matters with great care and professionalism.’

  • ‘I have worked with Mark Krenn in real estate. He seemed more approachable, hands-on and in general "hungrier" than the competitors from larger law firms.’

  • ‘The real estate team is quick, responsive and always keen to drive things forward. The constructive approach is an accelerator in regard to collaboration and outcome.’

  • ‘The real estate team led by Mark Krenn is very dedicated to its work and is very creative in finding the perfect solution, not only legally but business-wise. Moreover, they are very much interested in AI-based technical solutions, as well as digitalisation for legal services, which makes the administrative obstacles in a transaction much easier to overcome.’

  • ‘Mark Krenn has a great breadth of understanding of the client's needs and a keen perception of what is needed. He reacts incredibly fast in contract negotiations to find the best solutions and get the deal done.’

  • ‘Mark Krenn is professionally highly competent, reliable, and has a strong commitment to our success. Additionally, he always brings a business-oriented perspective to his advice.’

  • ‘Cerha Hempel's real estate team offers in-depth legal work, regardless of whether the project is large or small.’

Key clients

  • ARE Austrian Real Estate
  • SES Spar European Shopping Centers
  • SPAR Austria Group
  • Raiffeisen Property Holding International
  • CA Immo
  • numa group GmbH
  • Raiffeisen Immobilien Kapitalanlage GmbH
  • UBM Development/UBM Hotels
  • thyssenkrupp Materials Austria GmbH
  • Engel & Völkers Liquid Home
  • Walter Gasthaus Gleis- und Tiefbau GmbH & Co. KG
  • McDonald‘s Austria
  • Berghaus MRO GmbH & Co KG
  • MJ Hotelbetrieb GmbH
  • LHS Entwicklung 2 GmbH/Johannes B. Kerner
  • Borealis Hotel Group
  • United Benefits Holding
  • Value One
  • Lidl Österreich
  • REB – Real Estate Burgenland
  • INGOB.DELTA.ZT GmbH
  • ÖBB Immobilienmanagement GmbH/ÖBB Infrastruktur Aktiengesellschaft
  • BOKU Wasserbaulabor
  • Mister Spex
  • Magenta Infra
  • Flughafen Wien
  • NOVOREAL Immobilieninvest Aktiengesellschaft
  • ESTRELLA Immobilieninvest AG
  • AMISOLA Immobilien AG
  • You Will Like It Group
  • S IMMO AG
  • Flughafen Linz GesmbH
  • Institute of Science and Technology Austria
  • REB Real Estate Burgenland
  • UBM Development AG|UBM Hotels
  • Raiffeisen Immobilien Kapitalanlage GmbH

Work highlights

  • Advised AMISOLA Immobilien AG on the purchase of Saturn Tower Vermietungs GmbH Nfg. OG and the Saturn Tower itself.
  • Advised SES on the acquisition of a shopping centre in northern Italy from Marathon Asset Management.
  • Advised ESTRELLA Immobilieninvest AG on the purchase of Schottenring 19 from Bank Austria Realinvest.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Peter Vcelouch, Mark Krenn

Other key lawyers

Alistair Gillespie