This is reported by the daily newspaper "Kurier" (Friday edition). The purchase price was 11.5 million euros net, and 13.8 million euros gross, according to the purchase contract. The high-rise building housed the Austria Press Agency (APA) until 2005, and it has been vacant since then. Signa acquired it in 2018.
Buwog buys Vienna "APA Tower" for nearly 14 million euros
18-07-2025, 09:54
As part of the bankruptcy proceedings, a project company of Signa Development has sold the former "APA Tower" in Vienna-Döbling to Buwog.
(APA/Red)
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