Topping-out ceremony THE FiZZ Vienna


Topping-out ceremony for new “THE FIZZ Wien” in Vienna

  • Top­ping-out cerem­o­ny cele­bra­ted today with around 120 guests
  • Con­s­truc­tion work on resi­den­ti­al buil­ding for stu­dents and young pro­fes­sio­nals on sche­du­le
  • Ope­ning of pro­per­ty plan­ned for 2017/2018 win­ter semes­ter
  • Apart­ments to be let from July 2017

Inter­na­tio­nal Cam­pus, Stoneh­ill Group, Pega­sus Capi­tal Part­ners and HABAU cele­bra­ted the top­ping-out cerem­o­ny of “THE FIZZ Wien” in the city’s 20th dis­trict Bri­git­ten­au with more than 120 guests this after­noon. A total of 632 high qua­li­ty apart­ments for stu­dents and young pro­fes­sio­nals with show­ers and pan­try kit­chens, plus racks for 350 bicy­cles and 81 car par­king spaces, are being built on Dresd­ner Stras­se. The ground flo­or of the buil­ding will con­sist of com­mer­cial space of 1,150 squa­re met­res. The pro­ject was deve­lo­ped and finan­ced by Stoneh­ill Group in coope­ra­ti­on with Pega­sus Capi­tal Part­ners GmbH, and sold to an invest­ment com­pa­ny of Inter­na­tio­nal Cam­pus AG as part of a for­ward deal in Decem­ber 2016. The total con­trac­tor is the Aus­tri­an HABAU Hoch- u. Tief­bau­ge­sell­schaft m.b.H. The buil­ding that is to beco­me “THE FIZZ Wien” will have a gross flo­or area abo­ve ground level of more than 26,000 squa­re met­res over seven flo­ors.

Alex­an­der Gulya, CEO of Inter­na­tio­nal Cam­pus Aus­tria, said: “THE FIZZ Wien is our first pro­ject in Vien­na. We are the­r­e­fo­re deligh­ted at the gre­at turn-out for the top­ping-out cerem­o­ny. Con­s­truc­tion work is on sche­du­le and we intend to open in time for the 2017/2018 win­ter semes­ter. Let­ting will begin in July.” Gulya con­tin­ued: “In the heart of Vienna’s now very popu­lar Bri­git­ten­au resi­den­ti­al dis­trict, we are crea­ting high­ly sought-after, small-sca­le housing for stu­dents and young pro­fes­sio­nals. The Bri­git­ten­au is the second-fas­test gro­wing dis­trict in Vien­na, and its loca­ti­on bet­ween the Danu­be and the Donau­ka­nal makes it the dis­trict with the second-hig­hest share of waters. Other bene­fits include the gre­at con­nec­tion to the local public trans­port sys­tem and its pro­xi­mi­ty to the adja­cent 2nd dis­trict.”

Dr. Hen­rik Med­la, a mem­ber of the manage­ment of Pega­sus Capi­tal Part­ners, com­men­ted:

“Thanks to its good infra­struc­tu­re, high social stan­dards and cul­tu­ral varie­ty, Vien­na is one of the cities with the world’s hig­hest qua­li­ty of life. It is also cen­tral­ly loca­ted in the heart of Euro­pe and is enjoy­ing ste­ady popu­la­ti­on growth. More than two mil­li­on peo­p­le will live in Austria’s capi­tal by 2023. This makes Vien­na a high­ly attrac­ti­ve and secu­re invest­ment loca­ti­on. We are hap­py to have found a com­pe­tent inves­tor and ope­ra­tor with pro­ven brand and ser­vice exper­ti­se in Inter­na­tio­nal Cam­pus, and would also like thank our pro­ject part­ner Drees & Som­mer for the good coope­ra­ti­on.”

Tho­mas Rei­cher, Divi­sio­nal Mana­ger for HABAU, added: “As a result of the coope­ra­ti­on in pro­ject manage­ment bet­ween the buil­der, pro­ject manage­ment, the plan­ning com­pa­ny and all tho­se working here on the site, opti­mal con­di­ti­ons have been crea­ted to finish the pro­per­ty on time by the end of Sep­tem­ber – despi­te the tight con­s­truc­tion sche­du­le and unu­sual­ly harsh win­ter – and to hand it over to the owner with full con­fi­dence in its high qua­li­ty. Work to bring fur­nis­hings into the apart­ments will begin in the next few weeks. We would like to extend our war­mest thanks to all the com­pa­nies invol­ved in the work on the pro­ject.”

With around 200,000 stu­dents, Vien­na is the lar­gest uni­ver­si­ty city in the Ger­man-spea­king world and even sur­pas­ses Ber­lin in this regard. The big­gest aca­de­mic insti­tu­ti­ons are the Uni­ver­si­ty of Vien­na, which has around 95,000 stu­dents, the Vien­na Uni­ver­si­ty of Tech­no­lo­gy, rough­ly 29,000 stu­dents, and the Vien­na Uni­ver­si­ty of Eco­no­mics and Busi­ness, appro­xi­m­ate­ly 23,000 stu­dents in the 2015/2016 win­ter semes­ter.

Note on image rights: The­se images may be used for the pur­po­ses of report­ing on Inter­na­tio­nal Cam­pus, Stoneh­ill Group, Pega­sus Capi­tal Part­ners and HABAU. Plea­se use the fol­lo­wing source:

Inter­na­tio­nals Cam­pus AG / Paul Gru­ber. The images may only be pro­ces­sed for ordi­na­ry usa­ge.

Press contact

We are happy to answer press enquiries. Please send us a message.