Last Updated on November 9, 2023
The following article was created to aid in the research for our list of the largest property investors in Austria. It includes in-depth acquisition profiles, as well as contact information and any available AUM figures.
In a major real estate transaction, Thalhof Immobilien, a company specializing in apartment buildings, has acquired the “Adlerhof” at Siebensterngasse 46 from S IMMO AG, making it the largest apartment building transaction in Austria for 2023. The historic Adlerhof comprises 161 apartments and nine commercial units on 11,410 sqm. The condition of the property is described as excellent, with particular emphasis on the high-quality developed attic. The transaction was brokered by EHL Investment Consulting.
Other properties of Thalhof Immobilien are located in the third, fourth, fifth, seventh, and other districts. Thalhof is characterized by Wilhelminian-style buildings and multi-family dwellings that shape the cityscape of Vienna.
Future plans and location advantages of the Adlerhof in Vienna
The “Adlerhof” benefits from its central location in Vienna’s 7th district, a vibrant area with a large number of schools, shops, and a wide range of restaurants and leisure facilities. Excellent accessibility due to its proximity to the future Neubaugasse subway station and other public transportation options directly in front of the building further enhances the attractiveness of the fully leased property. Thalhof Immobilien plans to develop the property in a sustainable manner, thus contributing to the quality of life in the city. Tiefenthaler Gnesda Rechtsanwälte provided legal advice on the purchase, while BDO Austria assisted with tax and auditing matters.
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Source: Deal Magazine