Quadoro sells Saturn Tower in Vienna

Quadoro GmbH, as asset manager of the closed-ended fund GENO EuropaFonds, Wien, has sold the Saturn Tower in Vienna's 22nd district to AMISOLA Immobilien AG.

The property was managed on site by Quadoro's Vienna office. 

The fund was advised by the law firm DSC Doral Seist Csoklich.

The broker for the transaction was Zöchling RE GmbH, among others.

The Saturn Tower, built in 2004, is located directly at Vienna's Donaupark with a direct underground connection to the old town and a short drive via the motorway to the airport. The building has a lettable area of around 33,000 m² distributed over 21 floors. Tenants also have access to 4 parking levels with up to 329 parking spaces.

Matthias Altenrichter, Head of Asset Management at Quadoro GmbH, commented on the sale: "The sale of the Saturn Tower is one of 2023‘s largest real estate transactions in Vienna and a success for all parties involved. We are pleased to continue to be of service  on site for all tenants."

Further information on Quadoro can be found at www.quadoro.com