Project | Kremplhof |
Type | Commercial and residential real estate |
Investment | $ 8,000,000 |
Location | Austria |
Yield | 3.3% |
Investment Highlights
An elegant historic building under heritage protection, a very cultivated entrance, window panes with floral etchings in the stairwell, large historic spaces with grand flair. The 3 100 sqm of high-quality offices and exclusive residential spaces are offered in the magnificent old building of the Kremplhof once the renovation is completed.
Market Highlights
The three-story Kremplhof, located on a central yet quiet site in Leoben in the Josefee district. Many eminent individuals have lived and worked at this address. Surrounded by numerous Foundation Era buildings and in immediate proximity to the old town, town center, pedestrian area and train station, the location is cultivated, central, and yet still very quiet. Many restaurants, a post office, banks, parking and various government offices are nearby.
Austria is a stable business location with a secure framework, offers a dynamic research and development scene and is renowned for its high quality of life and strong purchasing power. Austria ranks among the most highly globalized countries in the world and enjoys an international reputation as the top business location for building up business ties to Eastern Europe. Austrian commercial and residential real estate market is the market with favorable economic and demographic condition. It offers strong demand fundamentals by private and institutional investors and high occupancy rates.
Leoben is an important economic and cultural center in Upper Styria, and is also home to the Montanuniversität, one of Europe’s primary educational institutions for metallurgy and other montane studies. With around 4,000 students, the university contributes to the international and lively atmosphere of Styria’s second largest town. Industry and research are both at home here.