Merger Notification - Announcement according to § 10 Cartel Act
HIH Invest Real Estate GmbH; BUWOG - Region Ost Development GmbH; GSW Immobilien AG
BWB/Z-6714
On 10.09.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
HIH Invest Real Estate GmbH, Hamburg; BUWOG - Region Ost Development GmbH and GSW Immobilien AG, Berlin; establishment of a joint venture with seat in Hamburg for the acquisition of real estate.
Economic Sector: Renting and operating of own or leased real estate.
L - FINANCIAL AND INSURANCE ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 08.10.2024.
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 09.10.2024 .