Slate Asset Management’s €90 Million Acquisition of a Real Estate Portfolio

Schoenherr advised Slate Asset Management on the deal.

Slate Asset Management executed the acquisition of a portfolio of essential real estate assets in Austria and Slovakia for approximately EUR 90 million.

The portfolio acquired by Slate Asset Management comprises approximately 66,000 m2 across nine single-tenanted assets which are let on long-term leases to OBI, one of Europe’s largest DIY operators.

Slate Asset Management is a global alternative investment platform focused on real estate.

The Schoenherr team advising Slate Asset Management was led by partner Peter Madl (Picture) and Clemens Rainer (counsel) supported by Constantin Benes (partner); Laurenz Schwitzer (partner); Marco Thorbauer (attorney at law) and Florian Weisgram (associate).

Involved fees earner: Constantin Benes – Schoenherr; Peter Madl – Schoenherr; Clemens Rainer – Schoenherr; Laurenz Schwitzer – Schoenherr; Marco Thorbauer – Schoenherr; Florian Weisgram – Schoenherr;

Law Firms: Schoenherr;

Clients: Slate Asset Management LP;