STC – Swiss Town Consult, advised by E+H, acquires logistics property in Salzburg
STC – Swiss Town Consult, one of the leading experts for sustainable and economically successful project development in Austria, advised by E+H, has acquired a logistics property with a top location in Salzburg. The seller, a Finnish group, thus hands over a property, with an area of approx. 14,600 m² and excellent transport connections, to STC. The transaction, which was carried out in May/June, took place within the framework of an asset deal. It was agreed not to disclose the transaction volume.
The immediate vicinity of the acquired property is characterized by operational buildings in the form of office projects, light industrial, and logistics, and offers excellent transport links to Salzburg’s main railway station and the freeway.
Through this transaction, STC is now expanding its portfolio to Salzburg for the first time. Says Matthias Waibel, Managing Director of STC: “We are very pleased that with the acquisition of this logistics property we have been able to expand our commitment in Austria to Salzburg and secure the project in this absolutely prime location.”
Advisors to STC – Swiss Town Consult
E+H: Marco Steiner (Real Estate Law, Corporate/M&A), Johannes Feilmair, LL.M. (Real Estate Law, Corporate/M&A), and Fabian Larcher (Real Estate Law, Corporate/M&A)
About STC – Swiss Town Consult
Established in 2003, Swiss Town Consult stands for sustainable and economically successful project developments based on the current requirements and needs of the market. The company, which operates in the business fields of real estate and urban development, is based in Vienna and has a branch office in Dornbirn. It offers its partners competence and experience in the service areas of project development and management, general planning, local construction supervision, and asset management.