Tishman Speyer has closed on the acquisition of a 466-unit student housing property in the Erdberg neighborhood of Vienna’s third district.
Completed in 2024, the property marks Tishman Speyer’s first acquisition through its TS Plus Europe fund, the firm’s open-end European core-plus vehicle. The fund targets institutional-quality investments in major metropolitan centers across Europe, with an initial focus on residential and industrial properties.
“Vienna’s growing student population and limited supply of purpose-built housing make this a compelling first investment for TS Plus Europe,” said Marc Pamin, managing director at Tishman Speyer. “The property’s high-quality, sustainable design and proximity to leading academic and life sciences institutions position it well to meet demand.”
The property, located at Karl-Farkas-Gasse 14, comprises 13,483 square meters (145,130 square feet) of residential space, as well as a restaurant, a café, offi