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Constantin
Benes
Partner
austria vienna
Sebastian
Guţiu
Office Managing Partner
romania
Michael
Lagler
Partner
austria vienna
Clemens
Rainer
Partner
austria vienna
Katarzyna
Sulimierska
Partner
poland
Operating with confidence in a rapidly evolving environment, our real estate & construction practice provides strategic legal guidance to a broad range of clients, including real estate developers, investors, energy providers and the public sector. Working seamlessly across corporate, finance, tax and regulatory disciplines, we offer an integrated, efficient and solutions-driven service.
With a reputation for precision, discretion and results-driven counsel, we provide the insight and expertise you need to navigate today's real estate landscape
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Austria: Schoenherr advises Tishman Speyer on acquisition of mixed-use complex ”Milestone Wien Erdberg“ in Vienna
Schoenherr advised Tishman Speyer, a leading international real estate investor headquartered in New York, on the acquisition of the newly developed mixed-use complex “Milestone Wien Erdberg”, comprising student housing, serviced apartments and office and retail space in Vienna's third district, from Raiffeisen Property Holding International (RPHI), a wholly-owned subsidiary of Raiffeisen Bank International (RBI). The transaction was structured as a share deal.
Romania: The Territorial Planning, Urbanism and Construction Code: what changes and when
The new Territorial Planning, Urbanism and Construction Code (the "Urbanism Code") is the most comprehensive reform in this field in the last three decades. It was published in the Official Gazette of Romania, Part I, no. 661 of 10 August 2026 and will enter into force on 25 August 2026. Its application is not contingent upon the adoption of secondary or tertiary legislation.
Sustainability and innovation: a new law transforms Hungary's building, design and construction industry
Hungary's national settlement planning and construction requirements are currently governed by Government Decree 253/1997. (XII. 20.) (OTÉK), which outlines the regulations on which construction is planned and licensed. On 1 October 2025, Act C of 2023 on Hungarian Architecture entered into force, and together with an upcoming government decree on urban planning and building requirements (effective from 1 January 2025), it is expected to reshape the future of properties in Hungary. Until 30 June 2027, OTÉK and the Decree must be applied in parallel. The regulations will promote environmental awareness and sustainability, incorporating a new set of principles and restrictions on zoning for new construction, of which we have highlighted a few for your attention.