BUWOG “Look” apartment building
The “Look” apartment building constructed in Vienna by the IMMOFINANZ subsidiary BUWOG was completed during June 2006. This object contains 88 units (64 for subsidised rental/24 for subsidised ownership), which were fully let or sold before completion and – based on the design by the wellknown Austrian artist Gerwald Rockenschaub – are considered to be a benchmark for modern spacious residential construction. BUWOG invested a net total of EUR 9.5 million in the construction of the Look. In 2006 this project was awarded the property developer prize by the Austrian federation of architects.

Silk 7
The Silk 7 office building in Vienna’s Seidengasse was completed during January 2007. This 10,000 sqm object was built on a site that previously served as the headquarters for the publishers of the “Kurier” newspaper, and is the largest new office building to be construction in the booming zone between the ring road and beltway. The investment by IMMOFINANZ totalled EUR 16 million.

Favoriten Geriatric Centre
In April 2007 the city of Vienna and the IMMOFINANZ subsidiary BUWOG signed an agreement for the construction of a modern geriatric centre with ten stations and a total of 273 beds in the former Heller candy factory in Vienna-Favoriten. This project will give an attractive new service function to a building previously used by the “Wirtschafts- Blatt” daily newspaper. The investment in this 22,000 sqm geriatric centre will equal approx. EUR 58.4 million.

City Point
The City Point office project was completed in November 2006. With 40,000 sqm it was the largest office building to be constructed in the inner city of Vienna in over a decade. The object is fully let, and was recently awarded the prestigious “Property of the Year” prize in Austria. The investment volume totalled EUR 74 million.

Weihburg and Marriott Garages
In June 2006 the IMMOFINANZ subsidiary WIPARK purchased the underground garage in the Hotel Marriott as well as the Weihburggasse Garage, which was completed during December 2006 at a nearby site. The two garages have a combined total of 526 parking spaces as well as a high level of occupancy due to their excellent location in the inner city of Vienna, and are among the most successful commercial garages in Vienna.