EANS-News: Strabag to realise Triiiple building construction project in Vienna: three 100-metre-high residential towers

Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

Company Information

Vienna – STRABAG, Austria’s largest construction company, will construct three residential towers (Triiiple building construction project) in Vienna. According to the contract awarded by SORAVIA and ARE DEVELOPMENT, three 100-metre-high towers will be constructed close to Vienna’s city centre; the contract value amounts to EUR 110 million. While the Towers 1 and 2 will house 480 owner-occupied flats, Tower 3 will house 670 micro-apartments. Construction works are scheduled to start in August 2018 and to be completed by summer 2021.

Dynamic Viennese construction sector
„In the previous year, we experienced a growth of 11% on our Austrian home market. This exciting project of the architects Henke Schreieck is an absolute highlight, even on this very dynamic construction market here in Vienna“, explains Thomas Birtel, CEO of STRABAG SE.

The towers will be constructed as reinforced concrete skeleton structures. Protruding structures constitute a huge technical challenge. As a response to this challenge, massive scaffolds will be constructed to guarantee load transfer during construction.

end of announcement euro adhoc

Attachments with Announcement:
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http://resources.euroadhoc.com/documents/2246/5/10186026/1/STRABAG_Triiiple_Wien_072018_e.pdf

issuer: STRABAG SE
Donau-City-Straße 9
A-1220 Wien
phone: +43 1 22422 -0
FAX: +43 1 22422 – 1177
mail: investor.relations@strabag.com
WWW: www.strabag.com
ISIN: AT000000STR1, AT0000A05HY9
indexes: ATX, WBI, SATX
stockmarkets: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/4106/aom