Wolf Theiss

Real Estate & Construction

Local knowledge means everything in real estate. Our network of experts throughout the CEE/SEE region combines this knowledge with our experience with the property cycle to provide your business with advice customised for your success. From sale and purchase to planning and zoning, design, construction and development, leases, facility and asset management, finance, dispute resolution and tax, we’ve got you covered. Our whole team has hands-on experience in local markets and a track record of handling large-scale, cross-border transactions, including some of the most significant property developments in this part of the world in recent years.

As concerns construction, the secret to avoiding lengthy and costly legal conflicts in construction is planning, and we will work with you long before the first shovel hits the dirt. If you’re planning infrastructure and construction projects such as bridges, tunnelling or other civil engineering projects, we will advise you through every stage, from contract review and negotiation until completion and the warranty phase. Our goal is to avoid problems before they become conflicts so you can do what you do best: build.

Contact
Wolfgang
Müller
Partner
T. +43 1 51510 5490
F. +43 1 51510 665490
Schubertring 6
1010 Vienna
Austria
Areas of Specialisation

Real Estate Transactions

You can’t control risk if you don’t know how to look for it.  Speed and accuracy are essential to the success of any large real estate acquisition. For your project, we will form a team of lawyers who efficiently and thoroughly assess existing legal risks and their possible impacts as well as ways to minimise them. We then present this information to you, enabling you to make a well-founded, deeply researched decision with awareness of all perceptible risks.

Leasing

The old days of short, simple lease agreements are gone. Today, they are highly complex legal instruments, the drafting and understanding of which requires a thorough understanding of the business and the relevant sector. Our philosophy is simple: we want to create and negotiate successful leases for your business. This means that we take both the interests of the landlord and the tenant into account to craft a functional lease that works for all parties.

Project Development 

Every real estate project begins with an idea, and every idea brings with it a question or two. While you’re busy with the creative questions, let us handle the legal ones. We will advise you on purchasing or acquiring an option to purchase real estate, environmental impact assessment proceedings, planning and zoning issues, obtaining all permits necessary under public law, partitioning and joining of real estate, dealing with construction issues, architect's contracts, general planning and financing agreements.

Real Estate and Construction Finance

We make it our business to understand yours. Domestic and foreign banks as well as project development companies and their sponsors regularly turn to us for advice in real estate project financing. Our work includes financial engineering, examining the regulatory environment behind the granting or receipt of a credit or loan, as well as drafting and negotiating financing agreements and related security packages.

Construction Projects

We know construction law, and we know how to make this knowledge work for you to keep conflicts from arising. For infrastructure and building construction projects, including tunnelling and civil engineering projects, we advise clients during the whole project; from contract review and negotiation through the completion and warranty phase.

Construction Contracts and Related Agreements

Zoning regulations, historical protection and other restrictions: every construction project carries limitations with it. But that doesn’t mean that there aren’t opportunities too. We routinely work alongside architects, engineers and surveyors to ensure that you make the most of your project while keeping relevant laws and regulations in mind. We regularly provide advice on drafting construction, general contractor and subcontractor agreements, Guaranteed Maximum Price and general planner agreements, as well as general terms and conditions for constructors and manufacturers.

FIDIC Contracts

You need specific legal expertise and experience for your international construction project. Many of us are FIDIC-certified Adjudicators, which means that we can represent you before courts, arbitral tribunals and dispute adjudication boards effectively and with knowledge of the process. We provide project-specific legal advice and representation on all FIDIC-based construction contracts, as well as interdisciplinary support regarding claim and contract management.

Construction Litigation and Arbitration

It's sometimes impossible to avoid lawsuits over construction projects. Claims for securing evidence, (additional) compensation, defects and damage claims, contractual penalties, disputes on geological and other risks and claims under securities: we have experience in litigating all these and more. Our knowledge of construction projects helps us to identify risks and opportunities so we can develop the litigation or arbitration strategy you need to win.

Press Releases

Newssquare WOLF THEISS ADVISES JAPAN-BASED NIDEC CORPORATION IN ACQUISITION OF SECOP-GROUP

Vienna, 3 May 2017 – Wolf Theiss has advised Kyoto-based Nidec, one of the leading manufacturers of electric motors, components and accessories, in...

Newssquare WOLF THEISS ADVISES FINANCIAL INVESTMENT MANAGEMENT COMPANY AACHENER GRUNDVERMÖGEN WITH LIMITED LIABILITY

Vienna, 26 April 2017 – The experts at Wolf Theiss have advised Aachener Grundvermögen in their first real estate investment in Austria. The German...

Newssquare THOMAS ANDERL NAMED PARTNER AT WOLF THEISS

Vienna, 21 April 2017 – Thomas Anderl (32) has been named Partner at Wolf Theiss, where he is specialised in construction law in the Practice Group...

Newssquare WOLF THEISS NAMED "CENTRAL AND EASTERN EUROPE LAW FIRM OF THE YEAR" AT CHAMBERS EUROPE AWARDS FOR EXCELLENCE

Vienna/London – 11 April 2017 – Wolf Theiss has been named "Central and Eastern Europe Law Firm of the Year" in this year's Chambers Europe Awards....

Newssquare WOLF THEISS ADVISES MCARTHUR-GLEN IN EXPANSION OF PARNDORF DESIGNER OUTLET CENTER

Vienna, 4 April 2017 – McArthurGlen, leading developer, owner and operator of designer outlet centres in Europe and Canada, has placed its trust in...

Newssquare WOLF THEISS BERÄT INVESCO REAL ESTATE IN INTERNATIONALER HOTELTRANSAKTION

Wien, 3. Februar 2017 - Wolf Theiss hat den weltweiten Immobilieninvestor Invesco Real Estate beim Verkauf eines Hotelportfolios an den Hotelbetreiber...

Newssquare WOLF THEISS BERÄT UNION INVESTMENT IN CA IMMO - TRANSAKTION

Wien, 20. Jänner 2017 – Wolf Theiss berät die Union Investment Real Estate GmbH (UIR) beim Verkauf ihres jeweiligen 49% Anteils an zwei Büroobjekten...

Newssquare Stefan Weishaupt wird bei Wolf Theiss zum Counsel ernannt

Wien, 19. Dezember 2016 – Stefan Weishaupt (34), seit Juni 2015 Mitglied der Praxisgruppe Real Estate, ist nun Counsel bei Österreichs größter...

Newssquare Wolf Theiss berät Union Investment bei einem weiteren Ankauf in Wien

Wien, 21.11.2016 - Union Investment hat von der UBM Development AG und der S Immo AG die Projektentwicklung "QBC 3" im Rahmen eines Forward Deals...

Newssquare Killt das Internet die Bestandverträge im Handel?

Wien, 14.11.2016 – Bei einem heute von Wolf Theiss und Regioplan Consulting veranstalteten Top-Level-Branchenseminar standen die rechtlichen und...

Newssquare Union Investment sichert sich mit Wolf Theiss das Büro-Objekt Doppio Offices

Wien, 11. November 2016 – Union Investment Real Estate Austria AG ("Union") erwirbt von der Strauss & Partner Gruppe das markante Büro-Gebäude Doppio...

Newssquare Wolf Theiss advises Chinese Corporation in the purchase of its new European headquarters in Graz

Vienna, 8 November 2016 – China Electronics Technology Group Corporation (CETC), in collaboration with two other partners from China, is establishing...

Newssquare Wolf Theiss berät beim Verkauf des Mega-Projekts "Forum Donaustadt" in Wien

Wolf Theiss berät beim Verkauf des "Forum Donaustadt" der Wirtschaftsagentur Wien und der STC – Swiss Town Consult AG an die SIGNA-Gruppe und die...

Newssquare Wolf Theiss advises Eurazeo in its acquisition of a hotel portfolio from Accor and other investors

In a cross-border transaction, Eurazeo Patrimoine has acquired from Accor Hotels and other investors 85 hotels under the brands Ibis Budget, Ibis...

Newssquare WOLF THEISS ADVISES OSRAM ON THE SPIN-OFF OF THE LAMPS BUSINESS IN 9 COUNTRIES

Wien, 18.02.2016 - Vienna, 18 February 2016 - Wolf Theiss has advised on the spin-off of the traditional lamps business of OSRAM, a leading global...

Newssquare 1 BILLION EURO MEGA-PORTFOLIO DEAL "AQUA" CLOSED: WOLF THEISS ADVISES UNION INVESTMENT IN SALE OF AUSTRIAN ASSETS "SOLARIS" AND "FLORIDO-TOWER" TO AMUNDI

Vienna, 11 February 2016 – The large-scale real estate deal "Aqua" was successfully concluded at the beginning of the year. The "Florido Tower" and...

Newssquare WOLF THEISS BERÄT ALLIANZ REAL ESTATE BEIM EINSTIEG IN DEN "FISCHAPARK" DER SES

Wien, 01.02.2016 – Wolf Theiss hat die Allianz Real Estate Germany GmbH beim Erwerb einer 49,5 Prozent-Beteiligung am Shopping Center "Fischapark" der...

Newssquare WOLF THEISS HAS ADVISED HIGHGATE HOTELS LP AND GOLDMAN SACHS ON THEIR ACQUISITION OF HOTEL PORTFOLIO BELONGING TO THE AUSTRIAN K&K HOTEL GROUP

Vienna, 9 December 2015 – Wolf Theiss has advised the US-based hotel management company Highgate Hotels LP and Goldman Sachs on the acquisition of a...

Newssquare WOLF THEISS PROMOTIONS IN WARSAW / AWANS W WARSZAWSKIM BIURZE WOLF THEISS

Warsaw, 26 October 2015 – Wolf Theiss announced today two new promotions: Anna Dobosz and Andrzej Słowiński are newly appointed Senior Associates of...

Newssquare WOLF THEISS SOFIA ADVISED ARCO CAPITAL CORPORATION LTD. ON THE FINANCING OF BUSINESS PARK SOFIA, IS THE PREMIER OFFICE PARK IN SOUTHEASTERN EUROPE

Sofia, 9 July 2015, UniCredit Bank Austria AG and UniCredit Bulbank AD have jointly participated in the refinancing of the largest office park in...

Newssquare THE WARSAW OFFICE OF WOLF THEISS ADVISES PORR GROUP ON THE PURCHASE OF BILFINGER COMPANY

Warsaw, 11 June 2015: Wolf Theiss has advised PORR Bau GmbH, a wholly owned subsidiary of PORR AG, on the purchase of Bilfinger Infrastructure S.A....

Newssquare WOLF THEISS BERÄT BEI VERKAUF DES AKG PRO HEADQUARTERS IN WIEN

Wien, 29. Juni 2015 – Das Headquarter des führenden Mikrofon- und Kopfhörerherstellers AKG Pro wurde verkauft. Die Anwälte der renommierten...

Newssquare WOLF THEISS PROMOTIONS, PARTNER RELOCATION AND LATERAL ADDITION

Wolf Theiss announced today a number of important promotions as well as a partner relocation and a lateral addition within the partnership. Erik...

Client Alerts / Newsletters

Newssquare Nachweis von Behinderungsmehrkosten – Ein Job für Sisyphos?

Die Argumentation und Durchsetzung komplexer Mehrkostenforderungen beinhaltet zweifelsohne zahlreiche Herausforderungen auf technischer, aber vor...

Newssquare EGO 7/2016 and FIDIC contracts

Further to our newsletter sent on 31 March 2016, on the Emergency Government Ordinance no. 7/2016 we continue with an analysis on the new provisions...

Newssquare EGO 7/2016 and amendments to the construction law and the planning law in Romania

Emergency Government Ordinance no. 7/2016 on several measures for acceleration of the implementation of trans-European transport infrastructure...

Newssquare RESTRICTION OF COMPETITION BY ANCHOR TENANTS?

The right of an anchor tenant to prevent the lessor letting commercial premises to third parties has been scrutinized by the European Court of...

Newssquare EUGH: KEINE BINDUNGSWIRKUNG VON UVP-FESTSTELLUNGSBESCHEIDEN FÜR NACHBARN

In einer brandaktuellen Entscheidung hat der EuGH festgestellt, dass UVP-Feststellungsbescheide, mit welchen die UVP-Pflicht verneint wird, gegenüber...

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