News & Insights

Greenlake Legal Advises on €70m Refinancing of Luxury Almanac Palais Vienna

We are happy to announce that Greenlake Legal supported the owners in the successful refinancing of the Almanac Palais Vienna, one of the city’s most exclusive luxury hotels.

The new financing package totals approximately EUR 70 million and was provided by J&T Banka, advised by DORDA Rechtsanwälte, led by Tibor Varga.

We thoroughly enjoyed working with Greenlake Legal on this transaction. With less than one month between kick-off and closing, we were happy to have focussed and pragmatic advisors on our side that know how to close a deal.” said Herbert Haselbacher of Alamanc Hotels.

Greenlake Legal: Michael Raninger, Erik Hödl
Almanac: Elias Pressler (Head of Legal)

Opened just under two years ago, the Almanac Palais Vienna has already established itself as one of Vienna’s leading luxury destinations, renowned for its distinctive architecture and a curated art collection unmatched in the city.

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