Right in the city’s UNESCO world heritage protected old town and the 1st district as Vienna’s cultural and economic heart. Benefitting from its exclusive driveway at the picturesque Am Hof plaza in addition to the prime CBD location.The property’s hotel and retail component perfectly complement each other and serve as a fruitful mutual generator of business. With a nearly even income split, the property from an investment perspective offers the unique opportunity to capitalise on two of the world’s leading industries by growth and return forecasts over the next decade – luxury hospitality and retail. With flagship stores of global market leaders such as Prada and Brunello Cucinelli, the asset benefits from a strong and long-term secured letting situation of the retail component. With the asset’s history of more than 10 years under the Park Hyatt brand, the operator in addition offers a strong property-specific track record. NET RENTAL AREA: 24,198 sqm (87.2% Hotel | 12.8% Retail)
Interested? Here are the next steps to get more information and to proceed with our automated deal flow.
