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€30M Deal: New Owner for Prominent Building at Obere Donaustraße 21

A €30M deal changes hands at Obere Donaustraße 21. What's next for this prominent Vienna building?

It looks like a store, there are windows on this building. In the down side there are 2 cars.
It looks like a store, there are windows on this building. In the down side there are 2 cars.

€30M Deal: New Owner for Prominent Building at Obere Donaustraße 21

A prominent building at Obere Donaustraße 21 has changed hands in a significant transaction. 'Bank Austria Real Invest Immobilien-Kapitalanlage GmbH' sold the property to 'Neine Donau Immobilien GmbH & Co KG' for €29,758,552.84. Spanning a total area of 3,645 square meters, the building boasts an impressive 2,114 square meters of indoor space, complemented by a generous 1,531 square meters of outdoor area. Despite the substantial purchase, details about the new owner, 'Neine Donau Immobilien GmbH & Co KG', and their plans for the property remain scarce at this time. The sale of the building at Obere Donaustraße 21 marks a substantial investment in the local real estate market. While specifics about the new owner's intentions are yet to be revealed, the transaction signals potential redevelopment or repurposing of the property in the near future.

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