CHSH advised the ACRON Group on its disposal of the commercial property Wien Westbahnhof A3 at BahnhofCity Wien West

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CHSH advised the ACRON Group on its disposal of the commercial property Wien Westbahnhof A3 at BahnhofCity Wien West

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PRESS RELEASE, Vienna, 29 Jan, 2018

CHSH has advised the ACRON Group on its disposal of the commercial property Wien Westbahnhof A3 at BahnhofCity Wien West with regard to Austrian law.

With its headquarters in Zurich and subsidiaries in Düsseldorf, Luxembourg and Dallas, to name but a few, the Swiss ACRON Group is an investment company specialised in real estate assets. ACRON structures and implements indirect and closed property in- vestments for private individuals and institutional investors in Switzerland, the United States and Germany.

The transaction was structured as a share deal. The purchaser acquired all shares held by ACRON Wien West A3 S.A. and by ACRON Wien West S.a.r.l. The real estate owner is Wien Westbahnhof A3 S.A. & Co OG, a subsidiary of both companies. The purchas- er is the REAL I.S. Group.

ACRON was advised by managing partner Dr. Albert Birkner, LL.M., attorney Mag. Raphaela Zachbauer and associate Alistair Heschl-Gillespie, LL.M., BSc, on all corpo- rate law, M&A and real estate matters.

Cerha Hempel Spiegelfeld Hlawati

With offices in Vienna, Bratislava, Bucharest, Budapest, Minsk, Prague, Sofia, and Timişoara, Cerha Hempel Spiegelfeld Hlawati is one of the largest and most renowned law firms in Austria. For more than nine decades, CHSH has been developing creative and groundbreaking solutions for its clients, as well as providing them with a personal service and expertise in the following areas: employment law, banking and finance, capital markets, corporate law, insolvency and restructuring, litigation and arbitration, mer- gers and acquisitions, public commercial and European law, privatisations, real estate and construction, tax law, and distribution, antitrust and competition.

CHSH has won numerous awards and in 2017 it was named "Austria Law Firm of the Year" by Cham- bers & Partners. Furthermore, CHSH Cerha Hempel Spiegelfeld Hlawati is a member of Lex Mundi – The World’s Leading Association of Independent Law Firms. The fact that it is a corporate partner of the Albertina demonstrates the firm's commitment to the arts.

For more information:

Dr. Albert Birkner, LL.M. (Cam- bridge)

Managing Partner

Cerha Hempel Spiegelfeld Hlawati

Parkring 2, A-1010 Vienna

Tel.: +43 1 514 35-431

Fax: +43 1 514 35-39

albert.birkner@chsh.com

www.chsh.com

MMag. Edith Müller

Head of Corporate Communications

Cerha Hempel Spiegelfeld Hlawati

Parkring 2, A-1010 Vienna

Tel.: +43 1 514 35-265

Fax: +43 1 514 35-618

edith.mueller@chsh.com

www.chsh.com

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