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Successful sale of office building at Lassallestrasse 9

Successful sale of office building at Lassallestrasse 9

ÖRAG and BAR handle successful sale of office building at Lassallestrasse 9 to Bank Austria Real Invest

German private property investment fund, IFÖ Österreich 1 (IFÖ1) has sold an office building in Vienna with approx. 20,000 m² usable space let long-term to A1 Telekom Austria.

Bareal negotiated with ÖRAG, experienced independent property consultants, to provide professional advice and successfully implement the transaction. The Berlin company KKL Consulting GmbH, which specialises in looking after private property funds, worked for the vendor to ensure that all the requirements for a successful sale were met. Legal advice was provided to the vendor by the lawyers’ practice Nemetschke Huber Koloseus (NHK), who also undertook the conveyancing.

The purchaser, Bank Austria Real Invest Immobilien-Kapitalanlage GmbH, was advised in the transaction by the investment team of bareal Immobilientreuhand GmbH (BAR) and the lawyers’ practice DSC Doralt-Seist-Csoklich. The property will pass to the asset allocation division of the country’s largest property fund, REAL INVEST Austria, and will also provide an excellent location for future interesting development opportunities.

If you have any queries, please contact:

IFÖ 1 / KKL Consulting GmbH
Matthias Kwapien
Tel: + 49 30 520 056 971

Cornelia Kluger
Tel: +43 1 205 215

Johannes Endl
Tel: + 43 1 534 73 - 351

Alfred Nemetschke
Tel: + 43 1 533 86 62

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