Merger Notification - Announcement according to § 10 Cartel Act
BNP Paribas Real Estate Investment Management Germany GmbH; ARMENIACUS GmbH & Co KG; LAPIDARIUS GmbH & Co KG; MELANARGIA GmbH & Co KG
BWB/Z-6513
On 16.02.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Subject of the merger is the acquisition of all shares in the target companies ARMENIACUS GmbH & Co KG, LAPIDARIUS GmbH & Co KG and MELANARGIA GmbH & Co KG and thus indirectly the acquisition of three properties consisting predominately or practically exclusive of apartments intended for leasing (ÖNACE 2008, Code 68.20). BNP Paribas Real Estate Investment Management Germany GmbH is a 94.9 % subsidiary of BNP Paribas Real Estate S.A.S, the latter in turn a wholly owned subsidiary of BNP Paribas S.A. BNP Paribas Real Estate Investment Management Germany GmbH manages the legally independent real estate special AIF fund "jeder Wohnt Austria" as an investment management company for real estate within the meaning the dKAGB. The acquisition is for this fund.
L - FINANCIAL AND INSURANCE ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 15.03.2024.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 16.03.2024 .