Fellner Wratzfeld & Partner has advised Soravia on its acquisition of a stake in Hospiz am Arlberg.
Soravia is a real estate group operating in Austria and Germany. The company focuses on the lines of business of quarter development, privately financed and public housing construction, office buildings, and hospitality.
Hospiz am Arlberg is a hotel located in Tyrol, Austria.
“Through its hospitality division Soravia aims to acquire investments in special tourist offers in Austria and abroad,” Fellner Wratzfeld & Partner informed. “Nothing will change in the management of this iconic tourist destination at the top of the Arlberg pass. The operational business will remain in the hands of the owners. Rather, Soravia wants to use synergies and maintain a prosperous partnership. The existing know-how of the legendary business will remain in place and enhanced through that of Soravia’s hospitality division and is intended to serve the future commercial development of this traditional enterprise.”
The Fellner Wratzfeld & Partner team was led by Partner Markus Fellner and included Partners Lukas Flener and Michael Hecht and Attorneys Roswitha Seekirchner, Peter Stiegler, Mario Burger, Martin Navara, Elisa Maria Kaplenig, and Josef Peer.
Fellner Wratzfeld & Partner did not respond to our inquiry on the matter.