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Union Investment sells office centre in Linz to main tenant

Union Investment has sold the Bruckner Office Centre in Linz. The acquisition was made via the newly founded project company Hon24 Immobilien GmbH, whose sole shareholder is Fabasoft AG. The building at Honauerstrasse 2-4 had been part of the portfolio of the open-ended real estate fund immofonds1, which is marketed exclusively in Austria, since 2015. 

The Bruckner Office Centre was completed in 2002 and comprises around 7,500 square metres of usable space. Around 84 per cent of this is office space and the rest is retail space. Fabasoft AG has been a tenant since the building was completed. The property benefits from its central location in Linz on the Donaulände and has excellent connections to the public transport network. 

Source: realestate.union-investment.com on the 7th of November, 2024 
https://realestate.union-investment.com/en_GB/media-center/press-releases/sale-office-property-honauer-stra%C3%9Fe-linz