E+H has advised German real estate investor KanAm Grund Group on the purchase of the last-mile logistics hall Cross Dock Upper Austria in Enns near Linz from the Meir Immobilien Group. SCWP Schindhelm advised the sellers on the deal.
KanAm Grund Group is part of the KanAm Group, focused on closed-end funds. The Meir Immobilien Group is an Austrian real estate company.
According to E+H, “the long-term tenant of the almost 13,000 square meters logistics hall is Oesterreichische Post AG. The acquisition of the property is KanAm’s first purchase in Austria. The seller of the facility, which is connected to the A1 freeway, the Danube, and the rail network, is the Austrian Meir Immobilien Group. Cross Dock Upper Austria will thus become part of Leading Cities Invest, an open-ended real estate fund whose logistics portfolio previously consisted of seven properties in central and northern Germany.”
E+H’s team included Partners Alric Ofenheimer, Christopher Engel, Dieter Thalhammer, and Ulrike Sehrschoen and Associates Pascal Haring and Titus Kahr.
SCWP Schindhelm’s team included Partners Christoph Luegmair and Maria Praher, Senior Associate Anna Rechberger, and Junior Associate Florian Greinoecker.