Notice according to § 12 (2) VermögensanlagengesetzThis investment involves considerable risk and may result in partial or total loss.
The project in question is a hotel development project near Meidling railway station and the Euro Plaza, one of the most important office locations in Vienna. The central property extends from Karl-Löwe-Gasse 36 to Wilhelmstrasse 19 in 1120 Vienna and comprises two buildings. The property was the former liquor museum in Vienna and will be extensively revitalized or extended in the course of this project.
A total of 87 guest rooms are planned on the 6 floors as well as a lobby and catering area on the ground floor. The project is being realised by PECADO Immobilien in cooperation with VTPlan, which has been active for more than 10 years in the planning, consulting and development of numerous hotel and tourist resorts and has implemented over 100 hotels in the 3 and 4 star category internationally.
For the purpose of partial financing, KLG36 Immo GmbH intends to take up qualified subordinated loans of a maximum of € 1,000,000.
The borrower is the land register owner of the property EZ 556 KG 01305 with the property addresses Karl-Löwe-Gasse 36 and Wilhelmstraße 19 in 1120 Vienna. The project comprises two buildings, the existing building stock of which will be revitalised and extended to create 3,000 m² of usable space. The properties have already been acquired, planning activities are in full swing and construction will start shortly.
During the term of the loan, the lender will receive an annual distribution of 7.20%.
The lender receives its invested capital back after the hotel project is sold. According to planning, this is to take place after 36 months.
The Euro Plaza is a business park in Vienna-Meidling designed by the Viennese architects Neumann und Partner with 212,000 m² of usable space. It is located directly on Wienerbergstrasse to the west of the Wienerberg recreational area. The Euro Plaza consists of seven building components and several office buildings, as well as a parking garage. Among others, companies such as Microsoft Austria, Sony Austria and Hewlett-Packard have their branches there.
The Wienerberg City is a district in Favorites and forms the largest skyscraper cluster in Vienna next to the Donau-City. The former headquarters of Philips Austria were initially built on the site of the former brickworks. Little by little, more skyscrapers were built, so that today it is seen as a district in its own right. In total, the modern district has approx. 230,000 sqm of total usable space, of which approx. 130,000 sqm is office and retail space. Of the 8 buildings in Wienerberg City, 3 are over 100m high. A cinema, a shopping centre, a hotel and educational facilities round off the offer.
The station Wien Meidling is the second most important station in Vienna after the main station. The station Meidling is located about 3 kilometers west of the main station. To the west of Meidling station the long-distance lines branch off to the west and south. All long-distance trains of ÖBB operate between Meidling station and the main station. East of the main station, the long-distance lines branch off to the north and east. Thus, all long-distance trains (except those coming from the east and ending at the main station) can also be boarded at Meidling station. In addition, the WESTblue line to Salzburg has been operating since December 2017. Until October 4, 2013, the station adjacent to Meidling station on the U6 subway line was called Philadelphiabrücke. The Badner Bahn, the tram line 62 and municipal bus lines serve the station Bahnhof Meidling.
Schönbrunn Palace is the largest palace and one of the most important and most visited cultural assets in Austria. Schönbrunn Palace and its 160-hectare park are part of the UNESCO World Cultural Heritage. Under Empress Maria Theresia, Schönbrunn Palace acquired its present form and served as the summer residence of the Austrian imperial family from the mid-18th century until the end of the First World War. During this period the palace was almost continuously occupied by a court consisting of several hundred persons and became a cultural and political centre of the Habsburg Empire. During the Austro-Hungarian Monarchy it was also "k.u.k. Lustschloss Schönbrunn". The spacious surrounding park can be used for extensive walks and long runs.
|Track Record||More than € 250 million developed|
|Existing Bank Financing||Yes|
Pecado GmbH was founded in 20018 by Ing. Stanislav Hnat for the purpose of buying and selling real estate. Since 2015, the company's business activities have been expanded in a targeted manner, focusing on the development of high-quality new buildings and the structural coordination of revitalisation projects.
Concentrating on the Vienna location, only up-and-coming locations in those districts that promise a high level of affordable quality of life in the future are selected in the new construction segment. In close cooperation with long-standing corporate partners from the fields of architecture and marketing, we are currently active in the following business areas for owner-occupiers and investors.