Publications

- September 1, 2011: Vol. 5, Number 8

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Europa Sells Vienna Office Building

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Europa Capital LLP, on behalf of the Europa Fund, has sold a 28,400-square-metre office building in Vienna for €75 million. The buyer of OCG2, the second phase of the Office Campus Gasometer development, is Bank Austria Real Invest.

“Having conceived and created an attractive investment in terms of building quality, occupier profile and tenant diversity, we are pleased to have concluded this transaction with Bank Austria Real Invest,” comments Erik Ruane, partner and head of development at Europa Capital.

Tenants of the property include Carmeuse, Fujitsu, Hitachi, ILS Consult, KABA, LG Electronics, Merz, Nokia Siemens Networks, Quintiles, Reckitt Benckiser, Wiener Wohnen and ZTE Austria. The first phase of the development, OCG1, is let to Statistik-Austria and

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