Austrian Supreme Court departs from its strict case law on value retention clauses in association proceedings.
TO THE POINT
The DSC Real Estate Team has advised the European Impact Fund on the acquisition of a portfolio consisting of four logistics properties located in Vienna, Lower Austria, and Styria. The fund, managed by BNP Paribas, invests in specific property classes across Europe with a focus on ESG.
The properties were sold by entities incorporated in the Netherlands belonging to the Frasers Property Group, an internationally renowned real estate company listed in Singapore.
Congratulations to our client on a successful transaction, and thank you to all parties involved for the excellent collaboration!
Austrian Supreme Court departs from its strict case law on value retention clauses in association proceedings.
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