Magdalen Brandstetter (Partner, Real Estate & Construction Law) is pleased to announce that she (together with her team) successfully represented KGAL, a renowned asset and investment manager headquartered in Munich, in the acquisition of the prestigious office building ‘ViE’ in Vienna.
Located in the heart of Vienna's 3rd district, the 14,100 square metre property was acquired by CA Immobilien Anlagen AG on behalf of a German special fund mandate from KGAL. Known for its sustainable construction, the ViE is DGNB Platinum and EU Taxonomy certified, making it a sought-after property for environmentally conscious investors.
DORDA Real Estate's team led by Magdalena Brandstetter (Partner) with the support of Diane Steindl (Associate) played a key role in this transaction and ensured a smooth and successful transaction.
‘We are delighted to have successfully advised KGAL on this strategic acquisition,’ said Magdalena Brandstetter. ‘The ViE building represents an exceptional opportunity for KGAL to expand its portfolio in the thriving Vienna market. Its prime location, sustainable features and strong tenant base make it a valuable addition to any investment portfolio.’