19.10.2006
On October 13, 2006, the IZD Office Tower in Vienna was sold by investment company Doughty Hanson to Matrix Property Fund Management LLP.
Drees & Sommer supported Doughty Hanson from its purchase of the property in 2000 through to the sale. Doughty Hanson originally made the decision to acquire the building on the basis a Technical Due Diligence report by Drees & Sommer. In subsequent years, the project managers handled all technical specifications such as the tenant fitout of 26 units with a lease area of some 35,000 mē and technical & economic controlling. Drees & Sommer also represented the client in technical matters.
In recent months, Drees & Sommer provided technical support during contract negotiations and managed handover of the office tower to the new owner.
