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04.05.2016

UniCredit Bank Austria sells DC Tower 2 land to Commerz Real

  • Commerz Real plans to build DC Tower 2 in the coming years

As the sole owner of WED Wiener Entwicklungsgesellschaft für den Donauraum GmbH, Bank Austria has sold the DC Tower 2 land. The sales process was completed at the end of April: the land for the planned DC Tower 2 was bought by the open-end real estate fund of Commerz Real, hausInvest, one of the largest real estate funds in Germany. The sales price and details about the transaction were not disclosed by the contracting parties.

Commerz Real intends to build DC Tower 2 on the land purchased in Donau-City-Straße, district 22, in the coming years. According to the provisional plans it will have a height of around 170 m, and therefore be considered the small brother of DC Tower 1, which is the highest building in Austria, standing at 250 m. DC Tower 1 collected various awards and in 2014 was crowned one of the best skyscrapers in the world.

Enquiries: UniCredit Bank Austria Media Relations
Martin Kammerer, Tel. +43 (0) 50505 - 52803
E-mail: martin.kammerer@unicreditgroup.at