Austria

Catella Investment Management continues to expand its footprint in Vienna with the acquisition of a fully let residential complex in Floridsdorf. The property offers modern apartments with private outdoor spaces and benefits from strong fundamentals in one of the city’s growing submarkets.

With a consolidated net result of €184.4m, CA Immo has clearly turned around its earnings compared to the previous year. Recurring earnings exceeded targets, while occupancy increased to 94.9%. The company plans to propose a dividend of €0.90 per share.

The 'Laura Privatstiftung' foundation, which is associated with Signa founder René Benko, has filed a voluntary insolvency petition with the Innsbruck Regional Court. This was prompted by arbitration awards totalling around one billion euros, including a claim from the Abu Dhabi sovereign wealth fund, Mubadala. The foundation...

Primestar Group is expanding its lifestyle brand with the opening of June Six Salzburg on March 1, 2026. Developed with Soravia, the 88-room hotel will operate as part of Marriott International’s Tribute Portfolio.

With an investment of more than €50 million, Bauhaus has opened a new 17,000 sq m store in Vienna’s 16th district. The project creates over 120 jobs and features a 700 sq m Strauss shop-in-shop concept for the first time. The scheme is based on the refurbishment of an existing building.

Midstad has secured a renowned operator for its Vienna project on Mariahilfer Straße: Eurostars Hotel Company will manage the 150-room hotel, including a restaurant, bar, fitness and spa area. The transformation of the former Herzmansky department store is thus gaining further momentum.

The Vienna-based investment and asset management company CC Real is increasing its stake in Australian debt specialist Madigan Capital. With this move, the company is strengthening its international platform for real estate financing in parallel with the generational change at the Sydney-based manager.

The Vienna hotel market has made a big start to the year: Deka Immobilien has completed the purchase of the five-star Andaz Vienna Am Belvedere hotel for €92 million. The property will be added to the assets of the Westinvest Interselect open-ended real estate fund. Andrea Fruhstorfer, the insolvency administrator, sold the p...

The sale of the Grand Hotel Wien on Kärntner Ring has been legally completed. On Thursday, the Vienna Higher Regional Court confirmed an earlier ruling, thereby granting final approval for the change of ownership. The new owner of the five-star hotel is the Spanish hotel group Hotusa.

Aparthotel operator Staycity has signed JP Hospitality's project on Wiedner Hauptstraße in the 4th district, where it will open its second location in Vienna. The property will comprise serviced apartments ranging in size from 18.5 to 32 m², as well as co-working zones, a gym and underground parking. Details on the start of c...

ICG Real Estate (ICGRE) has successfully completed the divestment of the Innio Group’s global headquarters in Jenbach, Austria, for €138 million. The transaction marks the conclusion of a highly profitable sale-and-leaseback lifecycle initiated on behalf of ICGRE’s Strategic Real Estate I Fund. By selling the asset directly b...

Vienna's hotel industry is growing: Companion Vienna is opening at the western end of Mariahilfer Straße this spring. A new hotel with 138 rooms has been created in the long-scaffolded Gründerzeit building at Mariahilfer Straße 127a. Behind the project are Kai Hollmann, Florian Kollenz, Christian Lainer and Michael Todt, who ...

Staycity Group is expanding its footprint in Vienna with a second aparthotel, this time in partnership with local developer JP Immobilien. Located in the city’s 4th District, the new 300-unit property is expected to open in 2028 and will offer a full range of short- and long-stay amenities.

Union Investment has acquired the Gewerbepark Stadlau in Vienna. Seller is the listed real estate company Nextensa from Brussels. The retail park is located in Donaustadt, Vienna's 22nd district, and is therefore within one of the city's busiest commercial areas. The purchase was made for an open-ended special real estate fun...

Australian pension fund Aware Super has acquired a 31.3% stake in a €2.6 billion European outlet mall platform from Allianz accounts managed by PIMCO. The platform includes four centres across three countries, totalling 163,523 sqm and 24.6 million annual visits. The investment reflects a strategic diversification into defens...

CA Immo has announced the launch of a new share buyback programme starting as early as 15 January 2025. Covering up to 2.77 percent of share capital, the buyback is aimed at increasing shareholder value and is based on the 2025 AGM authorisation.

Staycity Group has expanded its boutique aparthotel brand Wilde into Vienna and Lisbon. Both locations combine local character with flexible accommodation for business and leisure guests. Highlights include a Viennese café concept with Marco Simonis and a Lisbon interior inspired by maritime heritage near Avenida da Liberdade.

Art-Invest Real Estate has acquired the 25hours Hotel near the MuseumsQuartier in Vienna's city centre from a joint venture between JP Immobiliengruppe and WertInvest. The hotel, which has 216 rooms and a rooftop bar, will be operated by KNSA Hospitality on a long-term basis and strengthens the Vienna hotel portfolio of an in...