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