High Tech Campus & Tech Park

Vienna, Austria
  • Acquisition Type:
    Sale & leaseback (Philips)
  • Acquisition Date:
    2007
  • Status:
    Current
  • Project:
    2 business parks, 1 office complex
  • Building Age:
    1971-1994
  • Size:
    105,515 sq.m.
  • Asset Class:
    Industrial/Production/Logistics/Office
  • Return:
    Consistent >15% annual Cash on Cash
Highlights
  • Sale and leaseback of 50% of space on 2 manufacturing campuses
  • Extensive ongoing improvement program, resulting in ca. €20 million of investment since acquisition
  • Lease up and sale of office complex to institutional investor
  • Occupancy increased from 60% to current 98%
  • Number of tenants increased from 15 to 85
  • Rebranding and implementation of “Start Up campus” and Flex-Office Concept, which is consistently 100% occupied

A growing footprint across Europe

London office
42 St James’s Place,
London, UK
Geneva office
Rue des Voisins 17,
Geneva, Switzerland
Berlin office
Hardenbergstraße 27, 17th Fl
Zoofenster, Berlin, Germany
Vienna office
Gutheil Schoder Gasse 8-12,
Vienna, Austria
Get in touch
42 St James’s Place,
London,
SW1A 1NS,
United Kingdom
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