Document background
An Offering Memorandum (Real Estate) is a formal document used in Austrian real estate transactions to present a property investment opportunity to potential investors. It serves as the primary marketing and disclosure document, containing detailed information about the property, market conditions, financial projections, risk factors, and legal considerations. The document must comply with Austrian regulatory requirements, including the ABGB, ImmoESt, and relevant EU directives. It is typically used when seeking institutional investors, private equity, or when marketing significant commercial or residential properties. The memorandum provides comprehensive due diligence information and forms the basis for investment decisions, often being subject to strict liability standards under Austrian securities laws.
