Vienna 1220, Wagramer Straße 19
The concept of IZD Tower continues the successful development of the Donau City on the adjacent site.
IZD Tower is Austria’s largest office tower. The property is a trophy landmark building and one of the most prominent buildings in Vienna.
An attractive tenant mix of reputable international companies and national institutions of highest prestige and excellent creditworthiness contributes to the outstanding reputation and brand of the IZD Tower, such as Ernst & Young, Oracle, Baxter, Borealis, the US Embassy to the United Nations, Eurest headquarters, Holmes Place, Colgate Palmolive, Oracle, Verbund or Österreichische Bundesbahnen (OEBB). Many enterprises, which selected the IZD Tower as their office location, rank internationally among the most successful in their line of business. All of the IZD tenants expressly state the highest level of satisfaction and identification with the tower.
BHR took over responsibility for local business management after completion of the building and 50% vacancy in 2002. Managed repositioning and restructuring of the local team after completion. Originated and negotiated leases with prime companies for 30.000 sqm office space including commercial and technical condition packages. Implemented state of the art management tools and reporting systems and managed day to day operation with among the lowest operating cost for high-rise offices in Vienna.
BHR managed exit proceedings locally, supported exit team in the sale to a highly successful exit. Managed property after sale on behalf of vendor and new purchaser. After sale in 2006 continued to direct property with stable 100% occupancy since 2007.