Commerz Real has sold the Vienna office property Optimum for approx.
55
million euros to a core-plus investment vehicle managed by Conren Land.
Built in 2000, the building at Dresdner Straße 81-85 / Traisengasse 1
in the partial market Prater / Lasallestraße
has been in the portfolio of the Commerz Real open-ended real estate
fund hausInvest since its completion.
Designed
as an atrium, the building encompasses a total of 17,000 square metres
of leasable space on nine upper storeys and also has 190 car parking
spaces. Nearly 90 per cent of the area is currently
leased to eight users, including the City of Vienna and the private
IUBH International University of Applied Sciences.
Henning
Koch, Global Head of Transactions at Commerz Real: “With the sale we
have been able to utilise the current attractive market situation for
sales to the benefit of our investors and at the
same time save the fund foreseeable modernisation costs.”
Source : Company