Year2014
LocationVienna
Height80 metres
StructureSale-and-leaseback
PROJECT STATUSHistoric reference
PEMA CONTRIBUTIONPEMA · Acquisition and investment structuring
PROJECT STORY
PROJECT CHARACTER
An office tower. New perspectives.
CONCEPT & DELIVERY
PEMA’s acquisition of Vienna’s PORR Tower in 2014 marked a significant step into the office market. The transaction involving the 80-metre corporate tower was structured as a sale-and-leaseback investment. The holding was subsequently sold.
More about the project
PEMA expanded its activities in Vienna by acquiring PORR-Tower in 2014. The 80-metre office building in Favoriten remained the corporate headquarters of PORR AG.
The sale-and-leaseback structure combined the acquisition with a long-term lease. PEMA was responsible for the investment and transaction structure. The interest was subsequently sold.
