6/21/2022 | Hotels

Forward deal in Vienna Twentytwo successfully completed, accompanied by Christie & Co

The Bassena Hotel Wien Donaustadt in the “Vienna Twentytwo” neighborhood development was sold to “Raiffeisen Immobilien KAG”.

The “Vienna Twentytwo” urban quarter, which is currently under construction as a joint venture project of the “SIGNA Group” and “ARE Development” will include office buildings, 220 serviced apartments, a residential tower with 600 units as well as the the Bassena Hotel with 200-bed rooms across 8 floors, leaving the ground floor for retail space. With “Raiffeisen Immobilien KAG”, a solid buyer was quickly found, and the transaction was successfully concluded.