BUWOG: topping out for Grinzinger Allee 6-8

8/16/18

• Shell completed for 43 exclusive, privately financed condominiums

• Modern and sophisticated architecture

• Scheduled completion in spring 2019

The topping out for the BUWOG project "Grinzinger Allee 6-8" in Vienna's 19th district took place on 14 August 2018. Together with District Manager for the 19th district Adolf Tiller and Markus Handler of the general contractor Handler Bau, Andreas Holler, head of development in Austria at the BUWOG Group, welcomed the approximately 100 guests - among them representatives of the architectural firm HNP architects ZT GmbH - and thanked them for their good cooperation. "Together, we have succeeded in carrying out another high-quality housing project here in an exclusive location. We are delighted to have completed the shell on schedule with our competent and reliable partners and extend a big thank you to all those involved in the project."

Pure quality of living

The "Grinzinger Allee 6-8" project is located directly next to the international award-winning "Pfarrwiesengasse 23" project also built by BUWOG and is therefore immediately adjacent to Strauß-Lanner Park, which offers all the advantages of a neighbouring green and recreational area.

The 43 residential units with high-quality fixtures and fittings each have two to three rooms and are around 50 sqm to 150 sqm. In addition to open areas such as a balcony, loggia or terrace for the majority of the units, the property also offers future residents a fitness room on the first upper floor and therefore enhances the comfortable living atmosphere and quality of life. Situated in a coveted location in the Döbling district of Vienna, the site also features very good infrastructure and is ideally connected to the public transportation network. The stops for tram line 38 and bus line 39A are just a few steps from the "Grinzinger Allee" project, as is the Oberdöbling suburban train station. Numerous options for shopping such as food stores, pharmacies and restaurants can be conveniently reached on foot, and the shopping centre Q19 is located just a few minutes away by car. The building's own underground garage - partly equipped with charging stations for electric cars - will offer 35 parking spaces for cars. With all of its advantages, the "Grinzinger Allee 6-8" projects is also very well suited for investors.

More information under:www.buwog.com/de/projekt/grinzinger-allee-6-8

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 67 years of expertise. Its property portfolio encompasses more than 48,800 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 and Warsaw since the end of April 2014. The primary shareholder of BUWOG AG is the DAX 30-listed Vonovia SE, Germany's leading residential company nationwide.