BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Germany, on behalf of the Eurozone Logistics Fund (ELF), has acquired a fully let logistics asset located in Schemmerlstraße in Vienna’s eastern Simmering district, in Austria.
Amazon Transport Austria GmbH has been the main tenant at the property since its completion in early 2021/summer 2022. Ideally situated in the Austrian capital, Amazon uses the site to provide last-mile logistics services to residents of the city and region. The logistics asset boasts roughly 32,000 square meters in total rental area. The majority of this space is dedicated to the newly built distribution center and a car park 100 percent equipped with charging stations, both of which are let to Amazon. The rest of the space is a warehouse built in 1973 and extensively renovated in 2021 that is let to other tenants. The property was sold to BNP Paribas REIM by Go Asset Development GmbH, which develops turn-key logistics and industrial
