Auction House

Auction of a share in BBBSB Immobilienbesitz GmbH

Auction on May 16, 2022

BBBSB Immobilienbesitz GmbH

BBBSB Immobilienbesitz GmbH is an Austrian limited liability company, registered in the companies Register of the Commercial Court in Vienna under the register number FN 490783 s, Teinfaltstraße 8/4, 1010 Vienna ("BBBSB" or the "Liegenschaftsbesitzgesellschaft"). The BBBSB is the sole owner of the property EZ 931 of the catastral register 01004 of the catastral municipality Innere Stadt, with the address 1010 Vienna, Reichsratsstraße 13 ident Liebiggasse 1 (the "Property").

BBBSB has three share holders.

1. CL Austria RE S.à r.l., registered in the Luxembourg Trade and Companies Register under number B 222.275, with EUR 17,503.50 (50.01%)

2. BBB Holding GmbH, registered in the Companies Register of the Commercial Court of Vienna under FN 363407 y, with EUR 16,788.33 (47.97%)

3. Trace Capital Advisors Ltd, registered in the Irish Companies Registration Office under registration number 541979, with EUR 708.17 (2.02%)

 

Struktur nach Übertragung des Erwerbsgegenstands: The structure after the transfer of the object of auction

Liegenschaft: property

The object of auction

  • The object of the auction is the share of the real estate holding company owned by BBB Holding GmbH, which corresponds to a share of the nominal capital corresponding to the amount of 47.97% (the "object of auction").
  • Upon effective acquisition of the object of the auction, the purchaser a shareholder of the real estate holding company who owns the property. The acquirer will not acquire the property directly.
  • As a limited liability company, the real estate holding company is a legal entity and a subject of rights and duties.
  • When the auction item is transferred to the purchaser, no real estate transfer tax is due.
  • After the effective transfer of the object of auction, the acquirer is entitled to certain rights and duties as a new shareholder of the real estate holding company. For example, he has a claim to a profit as shown in the balance, insofar as this is not excluded by a shareholder resolution, as well as to a share of the proceeds of liquidation.
  • In addition to the acquisition of the object of auction, the purchaser is obliged to join a syndicate agreement that regulates the rights and duties between the shareholders in more detail.
  • The company agreement of the real estate holding company and the syndicate agreement contain provisions that regulate or modify the rights and duties of the acquirer as a new shareholder of the real estate holding company.
  • Information on the property of the real estate holding company can be found here.

Auction

  • Documents relating to the auction item can be viewed at the auction house im Kinsky by appointment during business hours (Mon-Thu 10 a.m. to 6 p.m. and Fri 10 a.m. to 3 p.m.).
  • The auction will take place on May 16 at 3 p.m. in the auction room. The verification of the eligibility of admitted interested parties will take place from 2.00 p.m.
  • Only physically attendant persons who have fulfilled the criteria specified in the auction conditions can participate the bidding.
  • The auction conditions can be found here.
  • Please contact the auction house at: office@imkinsky.com, +43 (1) 532 42 00