» Chronological View: " Austria " «

Catella Residential Investment Management GmbH, on behalf of the specialist-focused European Student Housing Fund (CESHF), has acquired an asset in Vienna, which added a sixth country to the fund‘s international portfolio for €42m. The fund acquired the ‘SMARTments Heiligenstadt’ in the district of Döbling, an 11-storey devel...

Bicester, a small town with almost 33,000 inhabitants in the British county of Oxfordshire, has a history that goes back to Roman times. However, Bicester became nationally and internationally well-known through the outlet centre, which opened in 1995 and since has become one of the most visited tourist attractions in the Uni...

Quadoro, Doric Group‘s real estate division, continues to expand and has established a branch in Austria. The new branch office is located in the Saturn Tower in Vienna‘s 22nd district.

Today, Unibail-Rodamco-Westfield unveils the ‘Westfield How We Shop: The Next Decade’, its biggest retail trends report to date, which predicts 2025 will be the experience tipping point in retail when more than half of retail space in stores will be dedicated to providing experiences.

Immofinanz has taken a further step towards optimisation of its financial structure and completed a €120 million long-term refinancing arrangement for the Vienna Twin Towers at myhive am Wienerberg. The loan agreement with UniCredit Bank Austria spans a term of 15 years.

GIC, Singapore's sovereign wealth fund, has signed a deal to buy a logistics real estate portfolio from funds managed by private-equity firm Apollo Global Management's affiliates for approx. €950 million. GIC said the deal would help scale up its P3 logistics platform. „As a long-term value investor, logistics continues to be...

Deka Immobilien has successfully expanded the portfolios of two of its funds. For the sector fund WestInvest TargetSelect Logistics, the fund management secured two logistics properties and two project developments in Austria's largest industrial and logistics center near the airport Vienna. In Paris, the fund management adde...

CA Immobilien Anlagen AG has successfully disposed of its 4,483,453 shares in Immofinanz AG representing approximately 4.0% of Immofinanz’ issued share capital by way of an accelerated book building offering to institutional investors. The aggregate value of the remaining stake was approximately €111 million. The investment g...

Thanks to acquisitions abroad and rising rents, the Vonovia housing group presented an attractive result for the first nine months of the financial year: Operating profit amounted to € 932.8 million, an increase of around eleven percent on the previous year. Shareholders can also look forward to the increased profits because ...

BNP Paribas REIM completes NEIF II Fund last investment with the acquisition of “Inno Plaza” building in Vienna that was signed in December 2017. The incoming LEED Gold office complex is located in the heart of the established Office district Euro Plaza. This brand new building offers 18,200 m² Class A office accommodation to...

FLE GmbH, a member of the LFPI group, reports new lease conclusions and increases the rate of occupancy of its real estate portfolio in DACH and CEE to 98.5%. The Company is managing a real estate portfolio in DACH and CEE with an overall value of approximately one billion Euros. Thereof, roughly 140 million Euros are investe...

The prestigious international architectural firm O.M.A. –Office for Metropolitan Architecture, founded by Pritzker Prize winner Rem Koolhaas, was selected as the winner of the architecture competition for the KaDeWe project in Vienna. A modern version of a traditional department store with a mix of shops, restaurants and hote...

For the first time in history, the hotel transaction volume in Austria reached €1 billion. This above-average result was already apparent in the first half of the year, as the hotel property specialist Christie & Co announced in a press release in July. The half-year result amounted to a total volume of €360 million and was ...

DBConcepts GmbH, an IT company specialized in the Oracle Database environment, has rent a new company location in the Ares Tower in Vienna. The new offices are located on the 9th floor of the tower and have a total area of 1,385 m². „We are delighted to have been able to support DBConcepts in almost tripling the size of their...

The travel retail distributor Gebr. Heinemann and Vienna Airport have extend its partnership with a focus on regionalities from Vienna until 2030. Heinemann will redesign or expand its existing shops. A key aspect of the agreement relates to the “Southern Enlargement” project for Terminal 3. The total sales area occupied by t...

Radisson Hospitality has sigened contracts for three new hotels, all arriving under its Radisson RED brand as part of a strategic franchised partnership with developer and operator Value One Hotel Operations. The deal will see the brand make its debut in Portugal, with the Radisson RED Lisbon Olaias and the Radisson RED Porto...

Strabag Real Estate (SRE) and project developer GBI will build 313 micro-apartments in the Heiligenstadt district of Vienna at the railway station of the same name. Prospectively from autumn 2021 they will offer accommodation for 147 students and trainees in the Smartments Student property to be developed by GBI in the 19th d...

Catella European Residential I (CER I), launched in 2007 as the first institutional property fund to invest specifically in residential assets across European markets, has raised €90 million in just one day from existing investors. Berlin-based investment advisor Catella Residential Investment Management (CRIM) will place the...