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HOCHTIEF Development acquires further tenant for Vienna’s Marximum Business Park

01-27-2012 06:18 AM CET | Industry, Real Estate & Construction

Press release from: HOCHTIEF Solutions AG

Vienna’s Marximum Business Park

Vienna’s Marximum Business Park

Austrian company Otis GesmbH to lease 2,500 square meters

HOCHTIEF Development Austria, a subsidiary of HOCHTIEF Projektentwicklung, has let a further 2,500 square meters at the Marximum Business Park in Vienna. Otis GesmbH, part of the world’s biggest manufacturer of elevators, moving staircases and moving sidewalks, will be relocating its Austrian headquarters to the “green building” in Erdberger Mais, close to the gasometer, in early 2012.

The Marximum Business Park comprises five solitaire buildings, four of which already have 80 percent occupancy. Other tenants include the ERGO insurance group, a unit of Telekom Austria Personalmanagement, NICHICON, Gigaset, Arval (BNP Paribas Group), Trilux and Wincor Nixdorf. In addition, the Gourmet Group is using an area of 1,000 square meters to operate a daytime restaurant with freshly-made food for up to 320 patrons. The fifth building is to be sold in its entirety as a corporate headquarters. The Marximum Business Park was already recognized by the Austrian Energy Agency as a green building in 2009 and received the German Sustainable Building Council’s Certificate in Silver from its Austrian counterpart, the ÖGNI in 2011.

HOCHTIEF is one of the leading international providers of construction-related services. With more than 70,000 employees and a sales volume of EUR 20.16 billion in FY 2010, the company is represented in all the world’s major markets. The Group’s service offering in the fields of development, construction, services, concessions and operation covers the entire life cycle of infrastructure projects, real estate and facilities. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. With its subsidiary Leighton (HOCHTIEF share around 54 percent), the Group is market leader in Australia. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006.

HOCHTIEF Solutions consolidates the core business of the HOCHTIEF Group in Europe and in selected regions worldwide. The company plans, develops, builds, operates and manages real estate and infrastructure facilities. HOCHTIEF Solutions is the management company of the Group’s Europe division which employed around 15,000 people around the globe in fiscal 2010. In many regions and segments, the company is a market and innovation leader.

HOCHTIEF Projektentwicklung is a fully owned subsidiary of HOCHTIEF and organizationally related to HOCHTIEF Solutions. Since 1991 the company has been developing, realizing and marketing real estate projects in Germany and abroad and is considered Germany’s leading inner-city developer. Its core business comprises office buildings in central business districts and areas within easy reach of city centers. It also focuses on retail properties, residential properties and accommodation for senior citizens, and the development of entire urban quarters. Hotels, distribution centers and special-purpose properties are also among the product market segments which the company addresses. HOCHTIEF Projektentwicklung does not build up any property portfolio of its own but operates as an “interim investor” with the goal of selling its projects to a final investor as swiftly as possible.

HOCHTIEF Development Austria, a fully owned subsidiary of HOCHTIEF Projektentwicklung, was founded in 2006 in Vienna. The company develops, realizes and markets office buildings and retail properties in downtown locations and areas within easy reach of city centers.

Alfredstrasse 236
45133 Essen
Gabriele Stegers
Head of Communications Real Estate Solutions
Tel.: +49 201 824-2282
Fax: +49 201 824-1728

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