Deals
Rothschilds Sell Austrian Hunting Estate in a ‘Historic’ Deal
- Banking heirs sell 5,400-hectare property to Prinzhorn family
- Broker said buyers promised to develop estate’s forestry
The Langau Hunting Estate in Gaming.
Photographer: Klaus Bischof
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The Rothschild family sold an Austrian forestry- and hunting estate including a stately lodge and power plants in what the broker called a “historic transaction” in continental Europe.
At 5,400 hectares (13,000 acres), the grounds about two hours west of Vienna are 16 times as big as New York’s Central Park. They were sold by Rothschild heirs Nancy Clarice Tilghman and Geoffrey R. Hoguet, real estate broker Klaus Bischof said in an interview.