Schramm Oehler has advised the Austrian City of St. Polten and the University St. Polten on a PPP process to identify a private partner to build, finance, and provide the first extension for St. Polten University of Applied Sciences.
A consortium of Caverion Osterreich GmbH and Granit GmbH won the bid and will undertake the construction efforts, scheduled to end by September 2021. The cost of the transaction is “almost EUR 55 million,” according to Schramm Oehler.
The Schramm Oehler team included Partner Gregor Stickler and Attorney at Law Leo Haslhofer.
