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Schoenherr has a strong focus on development and infrastructure projects in Austria and CEE/SEE. Recently, the firm advised national entities in relation to the preparation and negotiation of the agreements for the design and construction of power plants and on road construction for motorways. A further highlight has been advising an airport operator on the planning and construction of an additional runway. The group also advises on a diverse range of project developments. For example, it advises various retailers and manufacturers on the construction of outlets and distribution centres in Austria and CEE/SEE.
Recent engagements in Austria include the construction of more than 450 condominiums and of two logistic parks. In the CEE/SEE region, highlights include the acquisition of several plots, the obtaining of all permits and the construction of a new production plant for a manufacturer and the forward purchase of two large logistics centres.
We have great experience in drafting construction, general contractor and subcontractor agreements, Guaranteed Maximum Price and general planner agreements, as well as general terms and conditions for constructors and manufacturers.
In addition, we advise on FIDIC-governed projects and represent clients before courts, arbitral tribunals and dispute adjudication boards effectively. We provide project-specific legal advice and representation on all FIDIC-based construction contracts (all FIDIC-books), as well as interdisciplinary support regarding claim and contract management being particularly important in exceptional times as the current COVID-19 crisis.
Schoenherr's infrastructure projects team specialises in energy, road and railway infrastructure projects in the entire region and acts on the side of the sponsors and funding banks, as well as that of governments and bidders acquiring infrastructure as-sets. The team can count on efficient and close support from the firm’s experts in the banking, finance & capital markets; real estate; regulatory and eu & competition practice groups.
Meet the construction & infrastructure experts across all our offices in CEE.
Austria: Schoenherr advises Vermehrt Group on sale of former TLAPA building
Schoenherr advised Vermehrt Group on its sale of the former TLAPA department store to LLB Semper Real Estate, as well as on a long-term lease agreement with the serviced apartments operator limehome for the building, which is currently under reconstruction.
Blockchain and (Un)Real Estate
Blockchain technology has – so far – not lead to a transfer of the world's land registers onto this technology or to a "tokenization" of title (documents). The only significant exception in this respect is Georgia where a purchaser's title to real property can be registered by execution of a smart contract.
