Western Europe - Austria

Cerha Hempel

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Under the leadership of real estate and construction specialist Peter Vcelouch, Cerha Hempel‘s real estate practice takes on a broad spectrum of transactional and development mandates in Austria and the wider CEE region. Disputes form an additional pillar of the team’s work, including both construction and lease issues. ’Smooth negotiator’ Mark Krenn counts a number of public sector clients among his roster, whom he assists on the acquisition and disposal of key assets, and is also noted for his innovative use of legal tech.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The real estate team at Cerha Hempel combines deep industry knowledge with cutting-edge legal tech tools. With a proven track record in complex transactions and a holistic approach that marries legal expertise with commercial insight, the team stands as a beacon of excellence.'

  • 'Mark Krenn is a distinguished figure in the legal realm. His ability to think rapidly and adapt to shifting dynamics is commendable. In negotiations, he consistently demonstrates resilience, effectively pushing back when necessary and ensuring his client's interests are paramount.'

  • 'The team has excellent business acumen and therefore, is ready to provide tailor-made solutions in good time. Mark Krenn himself, as well as his team, are very much into new technologies in the legal sector and therefore, the organisation and handling of transactions via IT solutions works incredibly well.'

  • 'Mark Krenn is a very smooth negotiator. He distils the essence of the critical points in no time and is able to present efficient solutions which bring even difficult discussions to a happy end. Marko Vladic is an exceptionally diligent lawyer with incredible knowledge. He also delivers a high level of service and his response time is unmatched.'

  • 'Mark Krenn is an outstanding real estate transaction law expert, with years of experience in large projects allowing him to bring clarity to even complex matters. He is also an excellent contract negotiator.'

  • 'The firm has a good international network, covers all legal fields and provides good communication and negotiation skills.'

  • 'Mark Krenn is outstanding.'

  • 'Guided by the distinguished Mark Krenn, Cerha Hempel's real estate team is a powerhouse of vast industry knowledge, technological prowess, and unparalleled responsiveness. With a deep understanding of the market's intricacies and a proactive approach to challenges, they remain an invaluable partner.'

Key clients

  • ARE Austrian Real Estate
  • SES Spar European Shopping Centers
  • SPAR Austria Group
  • Samsung SDI Battery Systems GmbH
  • 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
  • ROHR-IDRECO Bagger GmbH
  • 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.ZT
  • ÖBB Immobilienmanagement GmbH / ÖBB Infrastruktur Aktiengesellschaft
  • BOKU Wasserbaulabor
  • Mister Spex
  • Magenta Infra
  • Flughafen Wien (Vienna International Airport)
  • NOVOREAL Immobilieninvest Aktiengesellschaft
  • ESTRELLA Immobilieninvest AG
  • AMISOLA Immobilien AG
  • You Will Like It Group

Work highlights

  • Advised ARE on the acquisition of the Vienna-based office building "Green Worx" from Union Investment.
  • Assisted Raiffeisen Property Holding International on the forward sale of an office building in Vienna, which is set to become the new headquarters for the European Handball Federation.
  • Acted for CA Immo on the sale of its headquarters in Vienna to James Cloppenburg Real Estate Holding KG.

Practice head

The lawyer(s) leading their teams.

Peter Vcelouch

Other key lawyers

Mark Krenn, Marko Vladic