The Austrian ATL Immoinvest Group has acquired the QBC3 office property in Vienna from Union Investment. The parties have agreed not to disclose the purchase price. The building, which was completed in 2017, was acquired in 2016 as a development for the portfolio of the UniImmo: Global open-ended real estate fund.
QBC3 is named after its location, Quartier Belvedere Central (QBC), which is in the immediate vicinity of Vienna Central Station. The office building is one of six properties in the quarter. It comprises around 8,200 square meters of rental space spread over eight floors. Retail space and restaurants are located on the first floor.
Source: press release sent 3rd of June