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Deka Immobilien €235 million acquisition of Hoch Zwei and Plus Zwei office buildings

31/8/2017
Private acquisition
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€ 235 million

$ 281 million

Completed

31/8/2017

Overview:

  • Deka Immobilien has acquired Hoch Zwei and Plus Zwei office buildings for €235 million from S IMMO.
  • Austrian energy company OMV uses the buildings as its headquarters.
  • Deka Immobilien recently acquired DC Tower 1, the tallest hotel and office building in Vienna, and Cannon Place in London.

Katrin Kostadinova - Data analyst 

Jurisdiction:

Austria

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Austria

Industry sector:

Real estate

Firms:
Dorda

Party: S IMMO (Seller)

Lawyer: Stefan Artner

Schoenherr

Party: Deka Immobilien Investment (Acquirer)

Lawyer: Michael Lagler

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