The Rothschild family has sold an Austrian forestry and hunting estate for what some are calling a “historic transaction.”
This isn’t any ordinary hunting property that just got sold . . . at 5,400 hectares, (that’s 13,000 acres) this lot of land known as the Langau Estate, which is settled roughly 2 hours from Vienna, is reportedly 16 times bigger than New York’s Central Park.
Not your typical hunting lease indeed . . .
The land, which also includes a lodge and power plants, were sold by Rothschild heirs Nancy Clarice Tilghman and Geoffrey R. Hoguet, a real estate broker Klaus Bischof said according to a Bloomberg article.
“This type of transaction happens once in a century in a family like the Rothschilds,” he stated. “We saw big interest from entrepreneurs from Germany, Switzerland and Austria.”
Bischof was reluctant to comment on the sale price beyond saying it was without a doubt the most expensive sale he has handled in a 25-year career as a specialist for land and forest. Although Trend magazine apparently estimates a sale price of 90 million euros. . .
The owners of this beautiful estate both reside in the U.S., and claim they decided to sell to the Austrian Prinzhorn family. Cord and Thomas Prinzhorn are both multi-billionaire entrepreneurs.