Hule Bachmayr-Heyda Nordberg advises S + B Group with the construction of DC Tower 2

21. March 2018

The Austrian property developer S + B Group will build the DC Tower 2 on the Donau City site in the north of Vienna. The owner of the property, German Commerz Real, has concluded a general contractor agreement with S + B Group for the second Donau City Tower, which not only covers all construction and planning services, but also the marketing and letting of the building.

The ground-breaking ceremony is scheduled for the second quarter of 2019, the completion is planned for 2023. Commerz Real is investing 170 million euros in the DC Tower 2 – at 175 meters the third tallest building in Austria. The total of 53 floors with almost 52,000 square meters is offering room for retail, restaurants, offices and apartments.

Hule Bachmayr-Heyda Nordberg advised the entire project with lead counsel and partner Christian Nordberg, Stephanie Langer (Real Estate) and Lisa-Marie Unterpertinger (Public Law).

In addition to the complex contract negotiations, HBN also advised on public law aspects of construction law, commercial law and the Environmental Impact Analysis Act.

ORF news coverage