SAXINGER advises Nextensa on the sale of the Stadlau business park to Union Investment

SAXINGER provided comprehensive advisory services to the Belgian real estate company Nextensa on the sale of the Stadlau Business Park in Vienna. The buyer of the property is Union Investment Austria GmbH, one of Europe’s leading real estate investment managers.

Nextensa manages an investment portfolio with a total value of around €1.3 billion, distributed across Luxembourg (43%), Belgium (42%) and Austria (15%). The Stadlau Business Park, the subject of the transaction, is one of the established business locations in eastern Vienna and comprises a diverse area with office, warehouse, and production spaces. The transaction reflects the continued strong interest of institutional investors in high-quality commercial properties in attractive urban locations.

With this acquisition, Union Investment strengthens its presence in the Vienna real estate market and expands its portfolio with a long-established site that offers development potential. The Stadlau Business Park benefits in particular from its excellent transport connections and flexible usage structure, which allows for a broad tenant base.

The SAXINGER team was led by Partner Dr. Lukas Leiter and also included Counsel Mag. Stefan Foidl as well as Associates Mag. Marlene Schauer and Mag. Maximilian Wightman.

Union Investment was advised on the transaction by Schönherr Rechtsanwälte (Michael Lagler, Markus Buchleitner, Carmen Hoyos).

Dr. Lukas Leitner
Partner

“We are very pleased to have provided Nextensa with comprehensive advisory support at this location throughout the entire investment cycle – from the initial acquisition to the successful exit.”