Austria

ICG Real Estate (ICGRE) has successfully completed the divestment of the Innio Group’s global headquarters in Jenbach, Austria, for €138 million. The transaction marks the conclusion of a highly profitable sale-and-leaseback lifecycle initiated on behalf of ICGRE’s Strategic Real Estate I Fund. By selling the asset directly b...

Vienna's hotel industry is growing: Companion Vienna is opening at the western end of Mariahilfer Straße this spring. A new hotel with 138 rooms has been created in the long-scaffolded Gründerzeit building at Mariahilfer Straße 127a. Behind the project are Kai Hollmann, Florian Kollenz, Christian Lainer and Michael Todt, who ...

Staycity Group is expanding its footprint in Vienna with a second aparthotel, this time in partnership with local developer JP Immobilien. Located in the city’s 4th District, the new 300-unit property is expected to open in 2028 and will offer a full range of short- and long-stay amenities.

Union Investment has acquired the Gewerbepark Stadlau in Vienna. Seller is the listed real estate company Nextensa from Brussels. The retail park is located in Donaustadt, Vienna's 22nd district, and is therefore within one of the city's busiest commercial areas. The purchase was made for an open-ended special real estate fun...

Australian pension fund Aware Super has acquired a 31.3% stake in a €2.6 billion European outlet mall platform from Allianz accounts managed by PIMCO. The platform includes four centres across three countries, totalling 163,523 sqm and 24.6 million annual visits. The investment reflects a strategic diversification into defens...

CA Immo has announced the launch of a new share buyback programme starting as early as 15 January 2025. Covering up to 2.77 percent of share capital, the buyback is aimed at increasing shareholder value and is based on the 2025 AGM authorisation.

Staycity Group has expanded its boutique aparthotel brand Wilde into Vienna and Lisbon. Both locations combine local character with flexible accommodation for business and leisure guests. Highlights include a Viennese café concept with Marco Simonis and a Lisbon interior inspired by maritime heritage near Avenida da Liberdade.

Art-Invest Real Estate has acquired the 25hours Hotel near the MuseumsQuartier in Vienna's city centre from a joint venture between JP Immobiliengruppe and WertInvest. The hotel, which has 216 rooms and a rooftop bar, will be operated by KNSA Hospitality on a long-term basis and strengthens the Vienna hotel portfolio of an in...

A new European living platform has entered the market: Tribera unites the expertise of Milestone and BaseStack under one brand. Managing over 11,000 beds across eight countries, Tribera combines institutional capital management with design-led, community-focused operations — with Vienna set to host the first Tribera-branded p...

Aareal Bank has successfully arranged a €250 million refinancing for a pan-European lifestyle hotel portfolio, which will largely be operated under InterGlobe’s new lifestyle hotel brand, Miiro. The portfolio comprises nine properties across seven European countries. The financing supports InterGlobe’s strategy to reposition ...

It is accomplished: Mandarin Oriental was able to open its first property in Austria on December 1, 2025. The originally scheduled opening date in 2023 had to be postponed due to complex approval procedures as well as pandemic- and war-related supply chain disruptions, and the most recently targeted opening date in October 20...

VGP and Areim have agreed on the third closing of their 50:50 joint venture, SAGA. The €509 million transaction includes 17 logistics buildings and one parkhouse, adding 424,000 sqm of lettable area across seven countries. Closing is expected in December, pending merger clearance.

Flughafen Wien AG has pulled the plug on its flagship third runway project. Projected construction costs have soared to around €2 billion, and major airline clients have pushed back against higher fees intended to finance the expansion. The decision prompted a downward revision of the 2025 earnings guidance to approximately €...

Construction work has begun on the Theater im Prater in Vienna. The musical theatre, which will seat around 1,800 people, is a joint project between the City of Vienna and ATG Entertainment and is scheduled to open at the end of 2027. The plan is to create a sustainable cultural building that will also have an economic impact...

At the beginning of 2027, MHP Hotel will take over the traditional Hotel Savoyen Vienna in Vienna's embassy district, which is currently still operated by Verkehrsbüro Hospitality. As part of the lease agreement, MHP and Midstad have agreed on a comprehensive modernisation of the 310-room hotel. It will then be repositioned u...

With 77 properties in several countries and over 2,500 new tenants, International Campus is entering another record year. The Fizz and Havens Living concepts are particularly popular – both are almost fully occupied.

UBM Development AG has successfully placed a new green bond on the capital market. The total volume of the 2025–2030 issue (ISIN: AT0000A3PGY9) amounts to €75 million. In addition to fresh capital, a significant portion comes from the exchange offer of two existing bonds.

Premier Inn has announced an agreement to acquire eight leased hotels from Gorgeous Smiling Hotels (GSH) in Germany and Austria. The move is part of Premier Inn Germany’s strategic growth plan to become the leading brand in the budget segment, according to the company. The purchase price remains confidential. The properties a...