66 branch properties in Vienna, Lower Austria and Burgenland were acquired as a result of an Austrian bank restructuring its portfolio.
They included both individual assets, residential condominiums and– long-leasehold properties (heritable building rights).
After an in-depth investigation, valuation and preparation, they were quickly sold to private investors.
Asset class: unstructured portfolio
Usable area: 45.000 m2
Investment strategy: active asset management and break-up
Investment: June 2013
Exit date: August 2014