Warburg - Henderson KAG expands Austrian portfolio with the purchase of further property in Vienna

Warburg - Henderson KAG has extended its Austrian portfolio with the purchase of a mixed-use property located at Höchstädtplatz 3 in Vienna. The building is located close to the city centre of Vienna and was acquired for the Warburg - Henderson Österreich Fonds Nr. 1. Tenants include the Republic of Austria, the City of Vienna and Baumaxx, one of Austria's leading DIY retailers. The property comprises around 8,000 sqm of office space, ca 5,000 sqm of retail space together with storage accommodation and 108 car parking spaces.

Warburg - Henderson KAG, a specialist for pan-European property Spezialfonds was founded in 2001 as a joint venture between M.M.Warburg & CO, Hamburg and Henderson Global Investors, London. Warburg - Henderson KAG has already initiated five property funds for German and foreign institutional investors, raising equity in excess of €700m.

The country specific Warburg - Henderson Österreich Fonds Nr. 1 has two existing office investments in Vienna: the European headquarters of OPEC and an office building let to the City of Vienna as well as the shopping centre "City Point" in Steyr. Further acquisitions for the Fund are imminent.

Press Enquiries

Henderson Press Office
pressoffice@henderson.com
+44 (0) 20 7818 4222