At the end of the year, Modesta Real Estate once again publishes the annual office market report. Continuing economic growth, the significant increase in letting performance of modern office space (compared to the weak previous year) and a considerably higher ...

Modesta Real Estate was able to find a new state-of-the-art location for Coveris in the “Vienna Twin Tower”.

Modesta Real Estate provided Procter & Gamble with a state-of-the-art new location in “The Icon Vienna” at the Vienna central station.

Vienna – the annual office market report for 2017 has been published and confirms not only Austria’s largest economic growth in six years, but also promises many other positive developments for the office real estate for the new year.

With the support of Modesta Real Estate, the former Siemens building in the Cumberlandstraße 32-34, 1140 Vienna has been sold in summer 2017.

At the end of June Modesta Real Estate was able to sell a commercial property in Gewerbestraße 10, 2354 Wiener Neudorf.

The previous ten months have been very successful for Modesta Real Estate. Andreas Polak-Evans, SIOR and Managing Partner at Modesta Real Estate, particularly points to the 3rd and 4th quarter as the high-selling months of 2016.

RadarServices is the European market leader for pro-active IT security monitoring and IT risk detection as managed services. Modesta Real Estate rented 2000 sqm of modern office space in Zieglergasse 6 to RadarServices.

In July 2016, Modesta Real Estate rented a modern state-of-the-art office space in an excellent location – Schottenring 12, 1010 Vienna – to INET Logistics.

In October 2015, Modesta Real Estate let 1,400 sqm office space in Europlaza, unit D to Bechtle GmbH.