The Hamburg-based asset, fund and investment manager HT Group has let all the commercial space on a long-term basis within a year of acquiring a residential and commercial property in Vienna. The property, situated on Brünner Straße, comprises a total lettable area of around 10,175 m², of which around 1,100 m² is commercial space.
Even before the HT Group took over, some of the commercial premises were considered to be structurally vacant and had not been let in the preceding seven years. Following the purchase, a thorough market analysis and the clear positioning of the property, it has been possible to put these premises to long-term use for the first time.
A commercial space measuring approximately 580 m² has been let to the operator of a sports and martial arts centre for a term of 15 years. For a further 360 m² or so, the Hamburg-based company has entered into a ten-year lease with the operator of a family and events venue that can be booked online. The commercial spaces are situated on the ground floor of the building. The property’s 124 flats are also fully let. The HT Group acquired the property in December 2025 on behalf of the ‘domiciliumINVEST 15 AUSTRIA’ fund.
Stephan Karlas, Head of Asset Management Austria at the HT Group in Vienna, says: “The key factors behind our rapid success in letting the property were our local market expertise, the property’s positioning in line with market conditions, and our targeted approach to potential tenants. The long-term tenancy agreements will strengthen the property’s income base and ensure its value remains stable.”
The building, constructed in 2018, is situated in Vienna’s 21st district, Floridsdorf, on a plot of land measuring approximately 2,300 m². It offers around 9,100 m² of living space, comprising 124 flats and 61 underground parking spaces. Facilities also include a courtyard with a children’s playground, two communal roof terraces and a bicycle storage room.
The mixed-use property is situated in a residential area with numerous shops, restaurants and amenities. The Großjedlersdorf tram stop is in the immediate vicinity and provides access to public transport. The banks of the Danube and the Lorettowiese and Jedleseer Aupark recreational areas are around three kilometres away.
