The 'European Property Award' was presented in London on 25 October 2018. Among the prizewinners: the MARINA TOWER. The BUWOG Group and IES Immobilien's joint project was persuasive in the categories 'Residential High-rise Development Austria' and 'Residential Development Austria' and awarded during the gala night.

The submission was judged by an international jury comprising real estate experts, architects and journalists, which presents the award annually in cooperation with the journal 'International Property & Travel' and evaluates criteria such as fixtures and fittings, location, architecture, sustainability and innovation, and the project's accompanying marketing activities. 'It is a major honour and fills me with pride to be able to accept such a prestigious and international award for the MARINA TOWER,' says a delighted Andreas Holler, managing director of MARINA TOWER Holding GmbH.

It is already the second award for the MARINA TOWER (planning: Zechner & Zechner) within a few weeks: the project was only recently awarded the sustainability certificate in gold by the Austrian Sustainable Building Council (ÖGNI). 'With the MARINA TOWER, we are making an important contribution to urban development, and in the future it will not only be a home for its residents, but will also provide added value for society through the planned extension over the right bank of the Danube,' adds David Hofmann, managing director of MARINA TOWER Holding GmbH.

The 500-unit residential tower is currently under construction on the Vienna Handelskai.

Priority notices are now possible under www.marinatower.at.

About the BUWOG Group

The BUWOG Group is the leading German-Austrian full-service provider in the residential property business and now looks back on 67 years of expertise. Its property portfolio encompasses more than 49,300 units and is located in Germany and Austria. In addition to Asset Management, the entire value chain of the residential sector is covered by Property Sales and Property Development. The shares of BUWOG AG have been listed on the stock exchanges in Frankfurt am Main, Vienna and Warsaw since the end of April 2014. The primary shareholder of BUWOG AG is the DAX 30-listed Vonovia SE, Germany's leading residential company nationwide.

About IES Immobilien

IES Immobilien-Projektentwicklung GmbH was founded in 2008. The Austrian family business specialises in the development of innovative real estate projects and in real estate consulting services. IES brings visions to life for people and, in real estate projects, pursues a holistic approach that reconciles innovation, service and quality. IES Immobilien has years of experience in the successful development and realisation of real estate projects such as GartenPark am Anninger in Mödling, Junges Wohnen in Meidling and the serviced apartment project LiV'iN Residence in Vienna. In addition to the flagship project Marina Tower, IES Immobilien is currently developing another innovative urban development project, the Y-Towers in Overhoeks (Amsterdam, NL), which includes a residential tower, serviced apartments and a congress hotel.

Credit: Chris Sharp

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BUWOG AG published this content on 30 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 October 2018 11:56:09 UTC