CHSH advised Universal-Investment, a fund company based in Frankfurt, in connection with its acquisition of the micro apartment real estate asset "Linked Living", which is located in close proximity to the campus of the Vienna University of Economics and Business, from Corestate for a special fund launched on the Luxembourg AIF platform of Universal-Investment. The transaction was structured as a share deal.
The institutional fund is part of the new real estate umbrella fund launched by Universal-Investment on behalf of Bayerische Versorgungskammer (the Bavarian Pension Fund for Professional Groups) and invests primarily in micro apartments, especially in student housing in European university towns.
The team at CHSH was headed by Manfred Ton (Real Estate & Construction) and Albert Birkner (Corporate and M&A). In addition to Ton and Birkner, the team consisted of Matthias Nödl (Real Estate), Bernhard Kofler-Senoner (Antitrust), Stefan Huber (Public Law), Heinrich Foglar-Deinhardstein (Corporate), Jakob Hartig (Corporate), Alexander Babinek (M&A) and Christian Aichinger (Finance).