Bank Austria sells its Schottengasse head office to investor Ronny Pecik

  • Bank Austria's head office at Schottengasse 6–8 will be sold to an equity investment company of investor Ronny Pecik's RPR private foundation

Bank Austria and the RPR private foundation of investor Ronny Pecik announce that the bidding procedure for the sale of the Schottengasse property has been completed with the signing of the purchase agreement. The closing will take place in the first quarter of 2014. The two parties have agreed not to disclose details of the purchase price and of the agreement.

Bank Austria will rent the Schottengasse property until construction of the bank's new headquarters, the Austria Campus located close to Vienna's Northern Railway Station, has been completed. This means that there will be no changes for customers and employees until 2016/17. After construction has been completed, Bank Austria will concentrate all employees and the entire Management Board at its new headquarters close to Vienna's Northern Railway Station.

Enquiries: Bank Austria Media Relations Austria
Martin Halama, tel. +43 (0) 50505 - 52371
e-mail: martin.halama@unicreditgroup.at