Picture: OASE22 (project completed in 2012 by BUWOG Group); Copyright: BUWOG / Wolfgang Thaler

In 2012 on Adelheid-Popp-Gasse in Vienna-Donaustadt residential company the BUWOG Group had already built a segment of its showpiece OASE22, which won the Austrian Clients' Award ('Bauherrenpreis') in 2013 and, with 'recognition for neighbourhood development', the Vienna Clients' Award ('Wiener Wohnbaupreis') in 2015. BUWOG has now acquired another site on Adelheid-Popp-Gasse and is planning to build a new project consisting of approx. 90 privately financed condominiums and 54 parking spaces on the property.

The seller of the property, which has 5,400 sqm of total living area, is a subsidiary of WSE Wiener Standortentwicklung GmbH (a company of Wien Holding GmbH). BUWOG was determined the best bidder for the location in a multistage bidding process.

Infrastructurally, BUWOG's new residential project OASE22+ will be very well connected. Both the Erzherzog-Karl-Straße commuter train station and the Hirschstetten railway station can be easily reached on foot. Several bus lines stop close to the project area and provide a fast connection to underground lines such as the underground station Aspernstraße (U2) just a few minutes away. Kindergartens, elementary and middle schools, a commercial academy and health centre nearby ensure that, with OASE22+, a residential project which is especially attractive for families will be built.

About the BUWOG Group

The BUWOG Group is the leading German-Austrian full-service provider in the residential property business and now looks back on 66 years of expertise. Its property portfolio encompasses more than 49,000 units and is located in Germany and Austria. In addition to Asset Management, the entire value chain of the residential sector is covered by Property Sales and Property Development. The shares of BUWOG AG have been listed on the stock exchanges in Frankfurt am Main, Vienna (ATX) and Warsaw since the end of April 2014.

BUWOG AG published this content on 23 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 January 2018 15:29:05 UTC.

Original documenthttps://www.buwog.com/en/presse/pressemeldungen/buwog-acquires-site-in-vienna-donaustadt-successful-residential-project-oase22-to-continue

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