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DORDA advises Warburg-HIH Invest on the acquisition of office properties at the Vienna Central Railway Station.

Thursday, 18 April 2019

Stefan Artner, Partner and Head of the DORDA Real Estate Practice, advised Warburg HIH Invest Real Estate (“Warburg-HIH Invest”) on the acquisition of the office property "HBF 1" (Hauptbahnhof 1) at the Vienna Central Railway Station. The seller is Rhomberg Group, a real estate developer who also operates in the DACH region. The almost fully let property at Vienna Central Station has a total rental area of 4,200 square meters, of which 3,100 square meters are used as office space. The parties have agreed not to disclose the purchase price.

Among the most important tenants of the properties are the tax consulting and auditing company Grant Thornton and the restaurant operator VAPIANO.

Stefan Artner on the successful transaction: "The transaction demonstrates the fact that the still young office area at Vienna's new central railway station has developed into a prime location. I am delighted that we were able to support Warburg in their investment and excellent fit for their real estate portfolio.

Warburg-HIH Invest Real Estate is an independent pan-European investment manager for real estate and currently manages properties worth EUR 8.8 billion.

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