Real estate & Construction law

We provide comprehensive advice on all aspects of real estate, property and construction. Our specialised attorneys have decades of experience and industry knowledge. Our focus is on efficient and holistic advice on all real estate issues.

Armenak Utudjian and his team specialise in the drafting and negotiation of real estate agreements, ranging from individual properties to real estate portfolios, including due diligence reviews during the purchasing process. Our areas of practice also include lease agreements, property development agreements and condominium agreements.

Our clients include institutional investors, strategic investors, real estate developers, property developers and construction companies, housing associations and cooperatives, international trading groups, industrial companies, and foundations and family offices.

We have broad industry experience in all asset classes. We advise on office buildings and office towers, residential projects and apartment buildings, retail, hotel projects (acquisition, lease, operating and management contracts), industrial properties, and other commercial real estate.

A particular focus of our work is bespoke advice on project developments. We draft and negotiate the relevant contracts (structured purchase of the property, financing, general contractor and general planning contracts, subcontractors, ÖBA); procure the permits required under public law; and provide support in handover, warranty processing and claim management as well as in exploitation.

We also provide ongoing representation in property-related disputes and litigation.


At the beginning of the boom

The financial crisis has brought change to the international real estate markets. But after experiencing often dramatic collapses, the situation is now on the mend.

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Armenak Utudjian
M.B.L.-HSG | Dr.iur. (University of Vienna) | Partner
T+43 1 401 17 - 0
image expand Areas of expertise
  • Real estate transactions in the form of asset and share deals
  • Due diligence for properties and real estates
  • Project development
  • Real estate financing including collateral agreements
  • Developer and condominium agreements
  • Building rights agreements
  • Rent/lease (commercial and housing), leasing, and special license agreements
  • Legal disputes: conflict resolution before courts and arbitration courts
  • Austrian property transaction law (Grundverkehrsrecht)
  • Estate agent law