THE COMMERCIAL PROPERTY MARKET IN VIENNA ON THE RISE – MODESTA REAL ESTATE SUCCESSFULLY SELLS PROPERTIES IN DISTRICT 23

Modesta Real Estate is happy to announce that recently two properties in district 23 were successfully sold. In June 2015, the property in Kolbegasse, 1230 Vienna with a total area of 2,604 sqm, divided into 1,700 sqm warehouse space and 1,600 sqm office space, got a new owner with the help of Modesta Real Estate. “We thank Modesta Real Estate for the once again successful cooperation and we are looking forward to further projects”, commented Alexander Varendorff, Managing Director at Bena.

Furthermore, a commercial property in Gorskistraße with a total area of 2,600 sqm was sold to a food wholesaler in March 2015. The property consists of 1,450 sqm warehouse space, 300 sqm office space and an apartment. “The commercial property market in Vienna has been on the rise since the beginning of the year. Modesta Real Estate is still able to offer its clients a wide choice of high-end commercial properties in and around Vienna as well as in the CEE region”, adds Sebastian Scheufele, SIOR and Managing Partner at Modesta Real Estate.