Allgemein

Vienna, March 2020 – The appetite of Bondi Consult for further real estate projects had not been fully saturated after the purchase of land from Siemens in Vienna, Floridsdorf. Together with a partner the real estate developer secured three further plots opposite of the planned business campus, right next to the Siemens headquarters, for a purchase price of more than EUR 25 million. After adding these sites the whole area was renamed “TwentyOne” in line with its diverse usages. PHH Rechtsanwälte advised in the purchasing process and settled the transaction.

PHH Rechtsanwälte had already advised in the financing transaction for the planned innovation hubs at Siemensstraße 87-89. This time the real estate know of PHH Rechtsanwälte was asked for the purchase of further Siemens plots on the opposite side of the road. PHH partner Julia Fritz advised the consortium led by Bondi Consult in the purchase of the three sites via special purpose vehicles. The purchase price is more than EUR 25 million. The project encompasses commercial and boarding use. The design includes a boarding house for employees of Siemens travelling to headquarters for short-term assignments and a hotel.

PHH partner Julia Fritz: “We are happy to have been able to accompany and advise Bondi Consult with our expertise in the purchase of the large-scale project “TwentyOne”.”

About PHH Rechtsanwälte 

PHH Rechtsanwälte in Vienna is one of the top law firms for business and commercial criminal law in Austria. The law office has grown constantly since its founding in 2001 and has received multiple international awards, most recently with a nomination as Austrian Law Firm of the Year. Nine PHH partners and more than 70 lawyers work in expert clusters, which range from M&A via process management, banking and finance law through to commercial criminal law. PHH Rechtsanwälte stand for personal and competent consulting, loyalty towards their customers and creative solution approaches. http://www.phh.at 

About Bondi Consult

Bondi Consult was founded in 1998 by Dr. Anton Bondi de Antoni. As a licensed real estate trustee and management consultant, Bondi Consult provides complete real estate services and the central requirements of users and investors. The main priorities are the support of projects, from initial assessment to transfer to asset management, concept, development and construction of real estate, both in their own portfolio as well as for third parties and Work Out Management and support of properties no longer required for operational purposes on behalf of banks as well as project operators. The project team of the Business Campus 21 is headed by Dominik Erne as commercial director.

In recent years, PHH’s Banking & Finance Team led by Wolfram Huber has established a reputation as specialist for legal consulting for the financing of large-scale projects such as schools, hospitals or power stations. With the Innovation Hub in Vienna Floridsdorf, Siemensstraße 87-89, a further large project is being added. On one of the last remaining large commercial areas of Vienna the Business Campus 21 will be developed on an area of 48,600 sqm. Property developer Bondi Consult purchased the entire land in a tender process and plans three hubs for the area. 

The Innovation Hub starts in the western part of the plot directly next to the S-Bahn station “Vienna Siemensstraße”, with an area of 16,700 sqm. A high-class office building will be built with 14,000 sqm usable floor space for offices and laboratories. A Merkur supermarket with separate access is planned on the ground floor. In the front part of the property a multi-storey car park with approx. 750 parking spaces will be added. After securing financing the construction of the Innovation Hub can now be initiated, the completion is planned for spring 2021. Two further hubs complementing the offer of the Innovation Hub are in a planning stage.

 
Anton Bondi de Antoni, Managing Director of Bondi Consult: “The excellent cooperation with PHH Rechtsanwälte and our financing partners, HYPO NOE Landesbank and Bank Burgenland, was a major factor which contributed towards the successful start to the project. We hope to be able to realise even more projects with this project team.”

Oliver Waldthaler, Property Financing Department of the HYPO NOE Landesbank: “We are also pleased to be able to work together with an experienced investor in the acquisition and development of this core real estate in such an attractive location, and incorporate our specialist competence for real estate financing.”

About PHH Rechtsanwälte 

PHH Rechtsanwälte in Vienna is one of the top law firms for business and commercial criminal law in Austria. The law office has grown constantly since its founding in 2001 and has received multiple international awards, most recently with a nomination as Austrian Law Firm of the Year. Nine PHH partners and more than 40 lawyers work in expert clusters, which range from M&A via process management, banking and finance law through to commercial criminal law. PHH Rechtsanwälte stand for personal and competent consulting, loyalty towards their customers and creative solution approaches. http://www.phh.at 

About Bondi Consult

Bondi Consult was founded in 1998 by Dr. Anton Bondi de Antoni. As a licensed real estate trustee and management consultant, Bondi Consult provides complete real estate services and the central requirements of users and investors. The main priorities are the support of projects, from initial assessment to transfer to asset management, concept, development and construction of real estate, both in their own portfolio as well as for third parties and Work Out Management and support of properties no longer required for operational purposes on behalf of banks as well as project operators. The project team of the Business Campus 21 is headed by Dominik Erne as commercial director.

About HYPO NOE Landesbank

HYPO NOE Landesbank für Niederösterreich und Wien AG is one of the oldest and largest of Austria’s state mortgage banks. Core market is Lower Austria and Vienna and selectively the adjacent CEE area. With the state of Lower Austria as 100% owner, the state bank can build on a secure basis. The proven strategy is based on regionality, customer proximity and sustainability. More information at www.hyponoe.at

Business Campus 21, BC21

Bondi Consult is the owner of the property “Siemensgründe” and is developing one of the last large continuous commercial areas in Vienna.

As part of a bidding process, property developer Anton Bondi de Antoni, Bondi Consult, purchased the property in Siemensstraße 87-89 and is thus the owner of the property. The partition plan of the entire plot makes provision for four building sites. Through three project companies, Bondi Consult is thus the non-registered owner of three building parts. Siemens bought the fourth section of the areas directly from the Bundesimmobiliengesellschaft.

The BC21, one of the last large continuous commercial areas

The current development of Vienna’s District 21 offers the possibility of benefiting from the growing infrastructure and the future residential and commercial projects planned in the direct vicinity. Especially the geographical closeness to the newly erected Vienna North Hospital and to companies based in the vicinity, such as for example the Austrian Institute of Technology (AIT), will result in significant synergy effects. 

Anton Bondi de Antoni: “With a total surface area of approx. 48,600 m²and its location in the heart of this development zone, the property in Siemensstraße 87-89 is one of the last large continuous commercial areas zoned for industrial use. In view of its zoning as “industrial area”, any use except for conventional residential use may be implemented.”

Three hubs for the BC21

Theinnovation hub represents the attractive beginning in the western part of the property. It is situated directly at the suburban train station and covers an area of 16,700 m². A multi-storey garage, a Merkur market and an office building are currently in the design phase.

Theservice hub covers an area of approx. 22,500 m²and thus offers the opportunity for large-scale development. The entire area is still in the planning phase. 

Lastly, the central hub is also still in the development phase. It is directly adjacent to Siemensstraße and, with an area of approx. 9,500 m², it is ideally suited for individual or mixed use.

As part of a bidding process, Bondi Consult has purchased the property in Siemensstraße 87-89 and, through three project companies, is now the unregistered owner of the building sections A, B and D. The new partition plan makes provision for four construction sites. Siemens purchased one part of the areas (construction part C) directly from the Bundesimmobiliengesellschaft and is planning to erect warehouses as well as offices or laboratories earmarked for university use on it.

Bondi Consult is awarded the contract for the purchase of the plot “Siemensgründe” situated in Vienna District 21 (Siemensstraße 87 – 89). The property measures 63,000 square metres. The existing zoning will remain unchanged. Offices, garages, warehouse areas etc. are planned.