Notice according to § 12 (2) VermögensanlagengesetzThis investment involves considerable risk and may result in partial or total loss.
The project "Österleingasse 8" is a comprehensive revitalization and general renovation of the property including an attic conversion in the middle of the 15th district, with a total of 25 residential units and a total weighted residential floor space of approximately 1,649m². The revitalization project holds 20 units in the inventory, of which three commercial premises with an area of approx. 236m² are currently vacant and are to be converted into residential properties in the future. In the course of the attic conversion, an additional 418m² of living space divided into five residential units can be realized.
The property is surrounded by all important amenities of the daily needs and is due to the proximity to the Westbahnhof (U3, S-Bahn), excellent connections to the transport network. The Schönbrunn Palace is only a few minutes walk away and the shopping mile Mariahilfer Straße is also within walking distance.
The project is being realized by the Nadland Development Group, which has already successfully obtained the building permit after successfully purchasing the land. The start of construction has already begun. The project is characterized by an environment with high development potential as well as very experienced project developers with an excellent network.
The 15th district in Vienna, also known as Rudolfsheim-Fünfhaus, is located to the west of the city center of Vienna and is characterized above all by its proximity to the city center. The 15th district has an excellent infrastructure with numerous local suppliers, shopping streets and transport links, and the Westbahnhof railway station and the Stadthalle are also located here. In terms of transportation, the Schweglerstraße subway station can be reached in just a few minutes on foot. To the southeast, Vienna Schwechat Airport is a 30-minute drive away, and to the north, numerous recreational areas including vineyards and wine taverns can be reached.
The outermost part of what is probably Vienna's best-known shopping street, Mariahilfer Strasse, is located in the 15th district and serves as a direct connection from the Westbahnhof train station to the city center. As the longest shopping street in Europe, Mariahilfer Straße stretches for almost 4 kilometers, on which many international brand stores can be found and which is also dedicated in sections as a pedestrian zone. The inner Mariahilfer Straße already functioned in former times as a special shopping street of the imperial and royal monarchy. Monarchy and even today it still contains local suppliers. Meanwhile, it has established itself as the center of Vienna's young and hip scene.
The Wiener Stadthalle is the largest event center in Austria and among the leading event locations in Europe. In total, the Wiener Stadthalle comprises six event venues and a large sports area including a swimming pool and ice rink. Every year, more than 300 events are held here; from top international acts, the ATP tour stop "Erste Bank Open", to cabaret and musicals, there is something for every taste.
The Westbahnhof is an important transportation hub, from which the Westbahn runs to numerous Austrian provinces and cities. Numerous subway and streetcar lines also stop here. Underground is a shopping center including restaurants, above ground the Mariahilfer Strasse running in front of the station building in a west-east direction provides a direct connection to the city center.
Schönbrunn Palace is the largest palace and one of the most important and most visited cultural assets in Austria. Schönbrunn Palace, including its 160-hectare park, is a UNESCO World Heritage Site. Under Empress Maria Theresa, 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 World War I. During this time, the palace was almost completely renovated. During this period, the palace was almost continuously inhabited by a court of several hundred people and became a cultural and political center of the Habsburg Empire. During the Austro-Hungarian monarchy it was also called "k.u.k.. Schönbrunn" pleasure palace. The spacious surrounding park can be used for extensive walks and long runs.
Schönbrunn Palace is the largest palace and one of the most important and most visited cultural assets in Austria. Schönbrunn Palace, together with its 160-hectare park, is a UNESCO World Heritage Site. Under Empress Maria Theresa, 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 World War I. During this time, the palace was almost completely renovated. During this period, the palace was almost continuously inhabited by a court of several hundred people and became a cultural and political center of the Habsburg Empire. During the Austro-Hungarian monarchy it was also called "k.u.k.. Schönbrunn" pleasure palace. The spacious surrounding park can be used for extensive walks and long runs.
Nadland Immoinvest GmbH was founded in June 2006 by Yakov Uston and Robert Haimov. Since its foundation, Nadland Immoinvest GmbH has been engaged in the development and implementation of real estate projects in Vienna. The focus is on the creation of high quality living space in urban locations.
Yakov Uston, founder and managing director of Nadland Immoinvest, brings with him more than 20 years of experience in the real estate industry and a comprehensive track record of successfully completed real estate projects. Prior to founding Nadland Immoinvest, Mr. Uston led the fortunes of SL Immo. In the course of SL Immo's activities, Mr. Uston carried out the renovation and realization of several hundred apartments.
Robert Haimov brings decades of experience in the real estate industry in Vienna and has already realised projects worth more than 250 million in the course of his real estate career. In addition to his activities in the real estate industry, Robert Haimov runs a fashion company with numerous "high profile" locations in Vienna's inner city.
The founder and managing director of the consulting and investment company LonVin Partners and MY-REL Immobilien GmbH, Arik Alaev, works with selected real estate funds and family offices as an investment partner. On this basis, LonVin Partners supports Nadland Immoinvest GmbH in the financing and structuring of real estate projects. MY-REL Immobilien GmbH brings further professional expertise to the implementation of the project in question. Arik Alaev is a financial consultant for small and medium-sized companies in Austria and Germany, real estate developer and investor. As founder and managing director of the consulting and investment company LonVin Partners as well as MY-REL Holding GmbH, which holds shares in real estate companies (currently with a total volume of 5 million Euros). He has specialised in the implementation of residential refurbishment and new construction. Previously, he worked as an investment banker at Goldman Sachs in the real estate sector and as an analyst at Citigroup in the area of mergers and acquisitions. He completed his Master in Management in France/Paris.