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real estate & construction
Schoenherr's experts advise on all legal aspects in the real estate & construction sector.
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.
our services
- real estate law
- project development
- construction projects (FIDIC, EPC, design & build)
- due diligence/title investigation
- lease agreements
- contracts for architects, general contractors and builders
- plant construction and building permits
- land registry law
- real estate-related litigation
- construction litigation and arbitration
- construction dispute adjudication and mediation
team
news
press release
Austria: Schoenherr advises RP Global on Mirova's EUR 480m investment
Schoenherr advised RP Global, a leading developer of large-scale renewable energy projects, on Mirova's investment in RP GLOBAL Energy GmbH. Mirova has agreed to become a minority investor and invest up to EUR 480m through a combination of equity and mezzanine bonds. Closing of the transaction is scheduled for November 2024.
newsletter
North Macedonia: Unlocking growth: leveraging long-term leases over private land for business development
For over 15 years, interested parties have been permitted to establish long-term leases on privately owned construction land for investment and building purposes. This opportunity for business expansion was formalised in 2008 with the Construction Land Act, following the adoption of the first Macedonian Construction Act, which prescribed long-term leasing as a legal basis for obtaining building permits.
roadmap
Unpacking the EU Nature Restoration Law
The draft of the Nature Restoration Law (NRL) unveiled by the EU Commission in 2022 and narrowly approved by the EU Parliament in July 2023, has been met with both enthusiasm and controversy. It sets lofty objectives for the Member States to restore ecosystems, supporting the unionwide and long-term sustainable recovery of biodiversity and nature's resilience. To achieve this, the NRL aims to establish binding restoration targets and obligations for various ecosystems. By 2030, these measures should cover at least 20 % of the Union's land and sea areas and extend to all ecosystems "requiring restoration" by 2050. To meet these goals, Member States must create and implement "restoration plans".