Home
About
Investment Approach
Team
Portfolio
Brochure
News
Connect
Home
About
Investment Approach
Team
Portfolio
Brochure
News
Connect
Home
Portfolio
High Tech Campus & Tech Park
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
Previous
Next
Portfolio highlights
Our team
Contact us
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
Amsterdam office
Raamplein 1, 1016 XK Amsterdam, Netherlands
Get in touch
Phone:
+44 20 3841 8602
Email:
*protected email*
42 St James’s Place,
London,
SW1A 1NS,
United Kingdom
© Westcore Europe
Website by
Channel Digital
Privacy policy
Back to Top