Schoenherr has advised IMMOFINANZ AG on the expansion of its STOP SHOP retail park portfolio in Slovakia through the acquisition of six shopping centres from the Austrian WM Group. The financial terms of this transaction will not be disclosed. The framework purchase agreement was signed on 28 October 2016, with closing of the transaction expected in the first quarter of 2017.
Schoenherr supported IMMOFINANZ on all Slovak legal aspects of the transaction, including the due diligence, the structuring of the transaction as well as the drafting and negotiation of the SPA.
The Schoenherr team advising IMMOFINANZ was jointly led by Michael Lagler (partner, Vienna; real estate) and Soňa Hekelová (partner, Bratislava; corporate/M&A), who were assisted by Peter Devínsky (attorney at law, Bratislava; litigation & employment), Michal Lučivjanský (attorney at law, Bratislava; regulatory and corporate/m&a) and Tomáš Šilhánek (associate, Bratislava; real estate).
