fwp advised VTB Bank on planquadr.at acquisition financing
Fellner Wratzfeld & Partner (fwp) advised VTB Bank (Europe) SE regarding the funding of the acquisition of 50% of the planquadr.at development and real estate portfolio group.
fwp acted as legal counsel to VTB Bank (Europe) SE with regard to the finance due diligence examination, structuring, negotiation and implementation of the funding of a 50% share in SEMA Vermögensverwaltung GmbH, the Austrian holding company of a development and real estate portfolio group with cross-border activity.
Amidst events coming thick and fast due to COVID-19, the financing was finalised in an extremely challenging setting on 16 March 2020. Both the VTB team and the fwp Finance team headed by fwp partner Florian Kranebitter once again demonstrated their outstanding competence in matters of acquisition and real estate financings.