Office Provider

Location: Vienna, Austria
Project Type: Asset / Investment Management

About this Project

  • Headquarters of Porr Ag – one of Central Europe’s largest construction companies
  • Acquired for ca €70Mn and subsequently managed on behalf of significant Korean institutional investors
  • Off-market deal lead by RCG alongside the Korean Asset Manager
  • Role included sourcing, tendering service providers, oversight of due diligence, sourcing of debt, negotiating and closing the deal
  • Rock Capital Group currently undertakes the asset management
  • The investors receive a very attractive cash on cash return of above 8% for a core asset in Vienna

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