"City Apartments": Construction begins on the Rechte Wienzeile

/16/17

• 144 condominiums and investment apartments on the banks of the Wien
• Two- to four-room apartments of approximately 46 to 107 sqm
• Planned completion: spring 2018

The BUWOG Group began construction on the new "City Apartments" project in the 12th district in December 2016. Just 10 minutes from Schönbrunn Palace 144 condominiums and investment apartments will be built at Rechte Wienzeile 229, based on the current status of planning. The two- to four-room apartments are to each have approx. 46 to 107 sqm of total floor area with modern and well-conceived floor plans. The high-quality fixtures and fittings promise maximum living comfort. This includes floor heating as well as outdoor areas such as a balcony, loggia, terrace or private garden. Future residents can expect an optimal mix of urban living and relaxation in their own oasis. "When planning the 'City Apartments' it was important to orient ourselves on the basis of a variety of living models. Thus in the future the apartments will offer a home particularly to people who appreciate the bustle around the Wienzeile as much as they do the personal downtime within their own four walls", says Andreas Holler, head of Development at the BUWOG Group.

At the right place fast

The infrastructure in the surrounding areas of the "City Apartments" provides the best conditions for structured everyday living. Facilities for everyday needs such as doctors, government offices, shopping opportunities as well as schools and day-care options can be reached quickly and recreational opportunities are not far away either: the spacious park facilities of Schönbrunn are ideal for jogging, taking walks and relaxing, and the Auer-Welsbach Park with its playground and spacious area for dogs as well as the Theresienbad Park can be reached on foot in a few minutes. Through the location on the Rechte Wienzeile the "City Apartments" are also ideally connected to the Wiener Linien public transportation network and the network of roads. The complex is being built between two metro lines and the stations "Schönbrunn" (U4), "Meidling Hauptstraße" (U4) and "Niederhofstraße" (U6), which will bring users directly to the city centre in a few minutes. The four bus lines (9A, 10A, 15A and 63A) will also provide a quick connection. By car the western approach to the A1 can be quickly reached via Hadikgasse, as can the southern approach to the A2 via Grünbergstraße.

Further information on the project under www.cityapartments.buwog.com

Contact for BUWOG Sales:

Klaudio Grmaca, BA

Tel.: [phone]

[e-mail]

About the BUWOG Group

BUWOG Group is the leading German-Austrian full-service provider in the residential property business and now looks back on 65 years of expertise. Its property portfolio encompasses more than 51,00 units and is located in Austria and Germany. In addition to Asset Management, the entire value chain of the residential sector is covered by Property Sales and Property Development. The shares of BUWOG AG have been listed on the stock exchanges in Frankfurt am Main, Vienna (ATX) and Warsaw since the end of April 2014.