Erste Group Immorent and STRABAG Real Estate start construction work on the business park silo plus in Liesing, Austria

Erste Group Immorent and STRABAG Real Estate start construction work on the business park silo plus in Liesing, Austria

• Cornerstone laid and opening ceremony for construction of silo plus in Liesing
• Erste Group Immorent and STRABAG Real Estate are constructing around 20,000 m² of office space with perfect access to public transport

VIENNA, 04-Jul-2018 — /EuropaWire/ — On 27^th of June Erste Group Immorent (EGI) and STRABAG Real Estate (SRE) laid the cornerstone for the start of construction work on the business park silo plus in Liesing. Following the success story of the first business park silo one, more than 20,000 m² of office space are planned in two phases: silo plus and silo next. The two buildings are designed as low-energy buildings and are DGNB^[1]-certified for business uses.

The buildings have a flexible space concept offering offices of variable sizes ranging from 310 to 1,800 m². The concept permits diverse uses such as individual offices, combined offices or open space offices. “All office floors are designed sustainably all the way up to the smallest details. A geothermic heating and cooling system in the basement and photovoltaic system on the roof are environmentally-friendly and also ensure low overhead costs – we paid special attention this aspect,” said Wolfgang Hausner, CEO of Immorent.

“The excellent location near public transport, in particular, to the subway station Perfektastraße, and the easily reached Triester Straße and A2 Südautobahn motorway by car make the property very appealing to commercial tenants,” said SRE Managing Director Erwin Größ describing the advantages of the property. A further 251 parking spaces in the underground or ground-level parking lots make it easy for employees and guests to reach the location, added Größ. The design of the project features a structure reminiscent of a campus with open green spaces between the three individual buildings that can be landscaped differently and relate to the theme of sustainability. “I am happy that silo plus is being built in Liesing. Such projects are very welcome, especially in a district with 55,000 employees!” said Gerald Bischof, District Mayor of Liesing.

The project is scheduled for completion in the second half of 2019. Commercial tenants interested in renting premises are invited to send an e-mail to silo-offices@immorent.at. The start for silo plus came from the anchor tenant Daikin Airconditioning Central Europe HandelsgmbH, which will rent around 25% of the space.

Further information on the project is available at www.silo-offices.at

^[1] Deutsche Gesellschaft für Nachhaltiges Wohnen – German Foundation for sustainable Living

STRABAG Real Estate GmbH (SRE) is a leading real estate developer in Europe. The company’s main office in Cologne is responsible for projects in Germany and the Benelux countries, while the main office in Vienna covers projects in Austria, Poland, Bulgaria, Romania, Hungary, Czech Republic and Slovakia.  SRE belongs to Strabag SE and is thus part of a financially strong and innovative construction group. SRE offers services for all phases of project development – from the idea and planning to realization with renting and sales as well as facilities operation. The broad-based SRE portfolio includes the development of office and commercial real estate as well as residential housing, hotels and large-scale complexes. Over 600 projects have been implemented since its foundation in 1965 and the integration of Raiffeisen evolution in 2017. With projects such as the “Über den Linden” and “Klitschgasse, as well as the office buildings “Square one”, and “Silo one”.

www.strabag-real-estate.at

The activities of Erste Group Immorent (EGI) cover the complete range of services along the real estate value chain. We have over 45 years of experience with office and commercial real estate, business parks and shopping centres, municipal projects, residential buildings, infrastructure projects and much more. We address business customers – from SMEs to large companies – as well as specialized project developers, real estate investors, municipalities and public institutions by offering both construction and sales services. We are competent partners for real estate projects – we know our business – not only in Austria. As a 100% subsidiary of Erste Bank we are – together with Erste Bank and Sparkassen – part of a strong network which we also make available to our customers. Our experience, efficiency and expertise as well as our aspiration to think with and for our customers is a special feature of our services – we provide support from the initial vision to the completed project and beyond.

“K&H Bank, as Hungary’s leading corporate bank, is proud to be a financing partner of Granit Polus from the beginning of this landmark project. WestEnd has established itself as the reference shopping center within the domestic retail sector thanks to its professional management and unique location,” said Peter Hodina, Head of Corporate Distribution Directorate at K&H Bank Zrt.

SOURCE: Erste Group Bank AG

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