The project "Kupetzkygasse 43" is a stylish new construction project, which is already in the final phase of construction. The real estate project will be realized in the 22nd district of Vienna near the Urban Lakeside Aspern. The location is characterized by the combination of urbanity and recreation. Vienna's city center can be reached in less than 30 minutes via the U2 station " Seestadt".
A total of 15 residential units with a weighted total living space of 848 m² were created here as part of the new construction. The units have balconies, loggias and gardens. All residential units (100%) are intended for residential use. Following completion, all residential units have been leased and will be sold globally at the end of the year.
The project is being realized by VMF Vermögensverwaltung GmbH, a subsidiary of our long-term partner VMF Capital Invest GmbH. The issuer has already acquired the land, the building permit and the contracts for the execution of the construction measures have been obtained and the project has been completed in the meantime.
The borrower is the registered owner of the property with the address Kupetzkygasse 43, 1220 Vienna. The project consists of a total of 15 units with a weighted residential floor area of approximately 848 m² plus open spaces such as terraces and gardens.
The acquisition of the land has already taken place, the planning phase has been completed and the building permit has also been obtained. The issuer is already the owner of the land (a land register entry is available). Furthermore, the project has already been completed and all residential units have been leased. At the end of 2022, the entire project is to be sold by means of a global sale.
During the term, the lender will receive an annual distribution of 6.50%.
The lender will receive its invested capital back at the end of the 12 months. This is to be done according to the schedule of the settlement of the global sale.
The 22nd district, also known as "Donaustadt", is located east of the city center of Vienna and is Vienna's most populous district. The 22nd district covers almost a quarter of the total area of the Vienna municipal territory and is characterized by its comprehensive appearance. In addition to numerous green spaces and recreational areas, which account for almost 50% of the total area of the 22nd district, there are numerous large housing estates and individual houses, such as the Donau City district, which is characterized by office and residential high-rise districts.
Historically, the 22nd district was created in its current form in 1954. Over time, many housing estates developed there, in 1979, for example, the exterritorial area of the UN was created and in recent years, the office towers of the "DC Towers" opened there, of which Tower 1 is so far the tallest building in Austria. Today, the 22nd district is an up-and-coming part of the city, including good infrastructural connections, many recreational areas such as the old Danube and the urban district of Donaucity, which is dominated by office buildings and is very easy to reach by subway lines 1 and 2. Vienna's largest shopping center, the Donauzentrum, located in the 22nd district, is also particularly well known, with its endless rows of stores, restaurants and cafés.
The 22nd district in Vienna, also known as "Vienna Danube City," is home to a wide variety of leisure and recreational areas. Particular hotspots of the district include the Alte Donau, the area around Donau-City and the Seestadt Aspern. Many residents especially appreciate the family-friendly and quiet residential areas of the 22nd district with enough space for family and sports activities.
The Vienna International Center - more commonly known as "UNO City" - is one of the three official headquarters of the United Nations (UN). Built between 1973 and 1979 according to the plans of Austrian architect Johann Staber, UNO City has become a major economic factor for Vienna. In addition to the approximately 5,000 employees of the UN and its sub-organizations who live here permanently, the regular and numerous conferences have generated a considerable number of tourists. The UNO-City can generally be seen as a pioneer of the urban development of the Donau-City; a rather rural area on the outskirts of the city at that time to a metropolitan and international district of Vienna.
Built in 2009, the Donauzentrum is a shopping center in Vienna's 22nd district and is located within walking distance of Erzherzog-Karl-Strasse. Covering an area of approximately 225,000 m2, it houses over 250 commercial, gastronomic and entertainment establishments, making the Donauzentrum (together with the adjoining Donau Plex) the largest shopping center in Vienna. The Donauzentrum is characterized by its extensive shopping offer and is also home to a cinema and numerous restaurants. The shopping center can be easily reached by car and also by public transport - the U1 and various bus and streetcar lines stop directly in front of it.
Donaupark is a park of around 604,000 m2 in Vienna's 22nd district Donaustadt. Donaupark is conveniently located between Wagramer Strasse, the Bruckhaufen housing estate, Arbeiterstrandbadstrasse and Hubertusdamm. Directly adjacent to the Donaupark, which originally extended to Wagramer Strasse, are the UNO City with the Vienna International Center and the Austria Center Vienna, to the south of it is the Donau City and to it the Copa Cagrana with the Danube Island leading to the New Danube. To the north, the Danube Park is bordered by the bathing beaches along the Old Danube.
The 21-kilometer-long Danube Island is not only the most popular recreation area for the Viennese, but also an unforgettable experience for visitors to Vienna. The Danube Island can be reached from the city center in just a few minutes on the U1 and U6 subway lines. An extensive network of paths invites sports enthusiasts to go hiking, jogging, cycling and skating. Water fun is promised by bathing bays with shallow beaches as well as wild bathing areas, a water slide, a surfing school, a water ski lift and a boat rental.
In Vienna's dynamic 22nd district, one of the largest urban development areas in Europe is being built by 2030. Here, a sustainable urban district is being realized that offers a high quality of life and dynamic economic power. In Seestadt, high-quality open and green spaces and large usable areas will be created. Seestadt offers urbanity and deceleration. The Seestadt subway station provides a perfect connection to Vienna's city center. Vienna's city center can be reached in just 20 minutes.
By car, the golf paradise can be reached from Kupetzkygasse in just over 10 minutes. Tournaments are held regularly on the extensive golf course, and a golf school and training sessions are offered for a fee. The facility and the hotel are ideal for seminars and events.
|Track Record||More than € 250 million developed|
|Duration||Up to 18 months|
|Existing Bank Financing||Yes|
VMF Immo Group is a family business from Brunn am Gebirge / Lower Austria with tradition. Over the past few years, the Voithofer family has earned a reputation as a partner in real estate projects with handshake quality through VMF Immobilien. Several successfully completed projects and a network of long-standing, renowned partners and companies speak for continuity and trust.
"We attach great importance to high-quality architecture in the best locations. Modernity and functionality are the main focus. We accompany all our construction projects from the planning stage through the construction phase to the turnkey handover".