Henderson Global Investors disposes of Austrian office building for Warburg - Henderson Österreich Fonds Nr. 1.

Henderson Global Investors, on behalf of its German joint venture with M.M. Warburg ,the Warburg-Henderson KAG, has completed the sale of Am Modenapark 1-2 , an office building in Vienna, Austria. The sale was undertaken for its Austrian Fund - Warburg - Henderson Österreich Fonds Nr. 1.

Since its acquisition in 2002, the building, located in the prime diplomatic quarter, has been fully let to the City of Vienna. It has been sold at a price above market value and has potential to be redeveloped or refurbished on vacation by the City.