ÖBB acquires central office property for 150 million euros in Vienna

ÖBB acquires central office property for 150 million euros in Vienna

The Austrian Federal Railways (ÖBB) recently acquired their new group headquarters in Vienna after working as a tenant for years. The purchase, which is said to have taken place for an estimated 150 million euros, was officially confirmed and is considered one of the largest real estate transactions of the year in the capital.

The ÖBB spokesman, Daniel Pinka, explained that the federal railways use around 90 percent of the approximately 33,000 square meter office building itself. It is a remarkable development that, despite a long rental story, ÖBB has decided to secure this situation permanently. This decision became necessary after the property owner signaled that he wanted to resell the property to a third party.

a place with history

The building has been the home of ÖBB since the opening of the new Vienna Central Station on October 10, 2014. The 23-story building of Realinvest Austria, a subsidiary of Bank Austria, was originally built and rented to the ÖBB in the long term. In the past ten years, the location has proven to be ideal, which is why it was important for ÖBB to get control of the building.

spokesman Pinka explained that the rental was considered economically sensible in the 2010s. However, the progressive use has made it clear that the headquarters need a long -term solution. So you decided to strike when selling and acquire the property.

Why the details of the purchase price remain secret is not entirely clear. However, a confidentiality between seller and buyer was agreed for the amount. This is not unusual in the real estate industry, where sensitivity often plays a role in financial details.

In addition to the ÖBB offices, the building also houses various services, including a bank and a police station. The existing rental contracts should continue to be valid, regardless of the change of ownership.

These developments underline the continuing trend that companies rethink their real estate strategies and strive for more control over their work environments. In a real estate market that is as dynamic as in Vienna, this decision by the ÖBB is a remarkable step in the development of its company. For more information, interested readers can be found on the corresponding article www.meinbezirk.at access.