Quadoro Extends Lease Agreement for Office Building in Vienna

Quadoro Investment GmbH, the AIFM of the open-ended mutual fund Quadoro Sustainable Real Estate Europe Private (Sustainable Europe), has successfully extended the main tenant’s lease for the Dresdner Strasse office building in Vienna by a further seven years. The property has been part of the Sustainable Europe portfolio since 2021.

Built in 2003, the office building has a rental area of over 4,500 m² and 29 underground parking spaces. The property is currently fully let, the main tenant being the City of Vienna. The property is situated in Vienna's 20th district of Brigittenau, around 3 km north of the city centre. Its location is characterised by excellent transport links and a well-developed public infrastructure. The building is notable for its high energy efficiency, the use of district heating and the flexibility of the well-designed rental space.

The property's asset manager, Quadoro’s Vienna branch, also concluded the new lease agreement.