Acquisition of the KALLCO Group from WAG Wohnungsanlagengesellschaft

SAXINGER advised WAG on all legal aspects of the acquisition of the KALLCO Group. A special focus was placed on the OBERES HAUSFELD urban development project in Vienna 22, which was developed by KALLCO among others and is to provide space for 3,500 to 4,000 apartments in a new district.

Mag. Christoph Luegmair
Lawyer

“We are pleased that WAG has once again relied on the legal advice of SAXINGER to expand its presence in the Viennese real estate market and that we were able to provide WAG with comprehensive legal advice on this strategically important step.”

Team

Mag Christoph Luegmair Mag Maria Praher Dr Dieter Duursma

Project details

Acquisition of the KALLCO Group

Creation of approx. 3,500 to 4,000 apartments in Vienna 22

Takeover of 18 employees of the KALLCO Group

Closing of the transaction: December 2017