U6 Centre

Lemböckgasse, Vienna, Austria
  • Acquisition Type:
    Investment (Apleona Fonsmanagement)
  • Acquisition Date:
    2018
  • Status:
    Sold
  • Project:
    2 Office buildings
  • Building Age:
    1973
  • Size:
    24,864 sq.m.
  • Asset Class:
    Office
  • Return:
    (IRR) 23.3%
Highlights
  • Acquisition of last asset in German closed ended fund
  • Excellent location in improving Vienna suburb adjacent to train/metro station
  • 70% occupancy but with short WAULT
  • EUR 4 million refurbishment including redesign of façades and new entrances
  • Rebranding to “U6 Centre”

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:

42 St James’s Place,
London,
SW1A 1NS,
United Kingdom

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