Tuesday, 31 March 2026
Catella Investment Management has acquired a residential property in the Floridsdorf district of Vienna on behalf of a separate account. The building comprises 127 rental apartments with a total lettable area of 7,407 sqm and is fully leased.
The scheme, completed in 2016, includes one- to four-room units with an average size of around 58 sqm. Apartments are fitted with standard residential specifications including kitchens, triple-glazed windows and outdoor space in the form of balconies, loggias or terraces. Ground-floor units include private garden areas.
The property is arranged around two internal courtyards and provides 66 car parking spaces, three motorcycle spaces and 266 bicycle spaces. Additional facilities include storage areas and a shared laundry room.
Michael Keune, Managing Director of Catella Investment Management, said: “Vienna has been one of Europe’s fastest-growing cities for years and is characterised by high economic stability and rising demand for housing. The Viennese residential market thus offers institutional investors attractive and stable long-term investment opportunities. With this acquisition in Floridsdorf, we are expanding our presence in a sub-market that benefits from positive demographic trends and good infrastructure.”
Stephanie Vermeersch, Head of Austria at Catella Investment Management, added: “Floridsdorf is one of Vienna’s districts with stable demographic growth and sustained high demand for modern housing. With its contemporary living concept, private outdoor spaces and high quality of life thanks to its quiet location on a quiet, low-traffic side street, the property aligns well with current market conditions and represents a solid long-term addition to our client’s portfolio.”
The asset is located in Vienna’s 21st district, Floridsdorf, with access to public transport including the Jedlersdorf S-Bahn station and nearby bus and tram routes. The surrounding area includes local retail, services and green spaces.
Catella Investment Management has operated an office in Vienna since 2022 and manages more than €500 million in assets in the city, with approximately €600 million across Austria and around 20 properties.
