Western Europe - Austria
4

Real estate

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PwC Legal Austria-oehner & partner

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PwC Legal Austria-oehner & partner assists asset managers, corporate clients and HNWIs with real estate transactions, handling the structuring of share and forward purchase transactions, and also negotiating contracts with general contractors in preparation for development projects. Practice head Karl Koller ‘combines excellent legal knowledge and very good negotiation skills’, advising investors on transactions in the hospitality sector, while Matthias Hofer focuses on project development matters, with particular expertise in the sustainability aspects of projects.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘As a foreign company active in the real estate sector, we recommend PwC Legal Austria and especially Karl Koller, who represents our one-stop shop for any real estate matter we face in Austria, be it transactions, negations with local authorities, etc.’

  • ‘Karl Koller combines excellent legal knowledge and very good negotiation skills. He's always available and able to deliver thorough advice and practical solutions quickly.’

  • ‘The information flow between them works perfectly. Always reachable and answers within the shortest possible time.’

  • ‘Very strong knowledge of Austrian tenancy law, great approach towards future challenges.’

  • ‘With Karl Koller, we were able to achieve fast results, as Karl works in a very solution and client-oriented manner. Definitely above market standard.’

  • ‘Karl Koller is solution-orientated and pays great attention to detail while not losing sight of the big picture.’

  • ‘Matthias Hofer and Karl Koller are highly skilled and educated in legal matters and specific industrial topics. They demonstrated a very good sense of judgement of the situation and the necessary steps to be taken and the respective solutions. The information and advice provided was accurate and appropriate, results were delivered of the highest possible quality. Availability and response time of individuals was excellent.’

  • ‘They were very approachable and understood the individual assignment. It was not a 'one size fits all' approach but tailored to the needs of the client.’

Key clients

  • Adina Apartment Hotels
  • Catella Residential Investment Management GmbH
  • CEBA Bau-Revitalisierung und Finanzierungsberatung GmbH
  • Kara Group of Companies
  • MERYN+Partners
  • RYN Estate Benefits GmbH
  • Superbude
  • The Social Hub
  • Vienna Airport

Work highlights

  • Advised Kara Group on the conclusion of a ground lease agreement with Amazon for the construction of a parking deck in connection with a logistics centre.
  • Advised Adina on the closing of a business transfer and hotel lease agreement for the takeover of an existing hotel in Vienna, in addition to various post-closing matters.
  • Advised CEBA in respect of construction defects in a property development project vis-à-vis the general contractor and the purchasers, and also handled claim management.

Lawyers

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Karl Koller

Other key lawyers

Matthias Hofer