Austrian developer of luxury real estate Crownd Estate Group has completed an out-of-court restructuring following 18 months of intensive negotiations with 25 Austrian financial institutions.
A consortium of investors that includes APG have spun-off select designer outlet mall assets from the European Outlet Mall Fund into a newly formed pan-European joint venture.
Closing of the property sale, which was exclusively brokered by hotel real estate specialist Christie & Co., took place on June 27, 2025, with operational closing scheduled for January 2026.
Union Investment has sold the Bruckner Office Centre in Linz to the newly founded Hon24 Immobilien GmbH project company, whose sole shareholder is Fabasoft AG.
Knight Capital has led a EUR 10 million financing round for Vienna-based company iDWELL that also included existing investors Flashpoint Venture and Wecken & Cie.
The Vienna office of the DLA Piper law firm has announced that Birgit Kraml will join the firm as partner and Head of Real Estate in Austria on October 1, 2024.