Corestate Capital Holding SA has divested a club deal investment in €432 million ($515 million) development project in Vienna.
The club deal includes TRIIIPLE and Danube Flats. TRIPLE is located in the heart of the popular third district near the Danube Canal and the Prater. The skyscraper trio will include 847 apartments. At a height of 490 feet, Danube Flats wants to become the tallest residential tower in the German-speaking countries. The 463-apartment project is located in the immediate vicinity of the UNO City.
Both projects want to offer apartments and condominiums as well as office and commercial space. Concierge services, child-care facilities, gyms and roof top gardens are part of the site concepts. The two projects also want to include libraries and cinemas in order to cater to residents' needs.
