Schoenherr advised French Amundi Real Estate on the purchase of the office buildings "Florido Tower" and "Solaris" in Vienna. They were sold by German based Union Investment Real Estate GmbH, and are part of the 1 billion Euro "Aqua" portfolio, comprising 17 office buildings with a total lettable area of 278.000 m² in six Western European countries. With the purchase of the office buildings in Vienna, the deal is said to be one of last year`s largest portfolio transactions, and is now completed.

Constructed in 2001 and with a height of 113 meters, the 30 storey Florido Tower offers a 36.000 m²  area, and is ranked among Vienna`s highest buildings. The office building "Solaris" was completed in 2009, accommodating offices and laboratory facilities on 9.000 m².

Amundi Real Estate is Amundi Group`s real estate management platform. With EUR 954 billion assets under management, Amundi Group is one of the biggest European asset management companies. Amundi Real Estate is specialised in developing, structuring and managing real estate funds for private investors, private banks and their distribution partners, institutional investors, companies and real estate experts.

The international law firm Herbert Smith Freehills acted as lead counsel for the Aqua deal. Schoenherr advised Amundi Real Estate on Austrian legal aspects.

Led by Peter Madl (partner; Real Estate), the Schoenherr team consisted of Constantin Benes (attorney; Real Estate), Sandra Seldte (associate, Real Estate) and Stefanie Stegbauer (counsel; EU & Competition).