CPI Europe Finalizes Sale of Vienna Marriott Hotel
Deal News | Jul 04, 2025 | CEE Legal Matters
BPV Huegel, Binder Groesswang, and Saxinger have facilitated a significant real estate transaction involving the sale of the Vienna Marriott Hotel by CPI Europe Group to a joint venture between Evientro and Landfair European Dislocated Opportunities. This transaction, valued at over EUR 100 million, includes both the prime real estate location at Parkring 12a and the hotel's operating company. Structured as a share deal, the real estate component was finalized on June 27, 2025, while the hotel operations deal is projected to conclude in January 2026. Notably, Marriott International will continue its management of the hotel under a long-term agreement, ensuring brand consistency and operational continuity. The acquisition's joint venture is a London-based investment platform focusing on liquidity solutions within the European real estate sector. Key legal advisors in the transaction were BPV Huegel, alongside Binder Groesswang, Saxinger, DLA Piper, and Wolf Theiss.
Sectors
- Real Estate
- Hospitality
- Legal Services
Geography
- Austria – The Vienna Marriott Hotel, located in Austria's capital, is the subject of the transaction.
- United Kingdom – The acquiring joint venture is based in London, highlighting the global nature of the investment.
Industry
- Real Estate – The transaction involved the sale of a significant real estate asset, the Vienna Marriott Hotel, highlighting the activity within the real estate market.
- Hospitality – The article highlights the involvement of Marriott International, a major player in the hospitality industry, continuing operations at the hotel.
- Legal Services – Multiple law firms were involved in advising on this transaction, illustrating the role of legal services in facilitating M&A deals.
Financials
- EUR 100 million – The reported value of the real estate and hotel operating company deal.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CPI Europe Group | Seller | Company | A European organization involved in real estate transactions. |
| Evientro | Buyer | Company | Part of the joint venture acquiring the Vienna Marriott Hotel. |
| Landfair European Dislocated Opportunities | Buyer | Company | Part of the joint venture acquiring the Vienna Marriott Hotel. |
| Marriott International | Hotel Operator | Company | The hotel will continue to operate under their management. |
| BPV Huegel | Legal Advisor | Company | Advised CPI Europe Group on the transaction. |
| Binder Groesswang | Legal Advisor | Company | Advised the buyers in the transaction. |
| Saxinger | Legal Advisor | Company | Advised the buyers in the transaction. |
| DLA Piper | Legal Advisor | Company | Reportedly advised the buyers. |
| Wolf Theiss | Legal Advisor | Company | Reportedly advised the buyers. |