Vienna - The Austrian construction group STRABAG, as the general contractor for Value One, will implement the Grunblick residential project in The Zwei district of Vienna. The EUR 110 million order is expected to be completed by summer 2025.

Directly on the Green Prater in the car-free district Of Two, 340 high-quality condominiums with squares of almost 44 to 134m are being built on 27 floors.2 including spacious, shared areas, such as a wellness area on the roof. The order also includes commercial space as well as a kindergarten on the ground floor and three underground parking levels with approx. 220 parking spaces. The project is to be handed over to Value One on a turnkey basis in the summer of 2025.

85% emission-free energy - OGNI Award in Gold

Thanks to the sustainable energy supply in Viertel Zwei, 85% of the heating and cooling demand can be generated CO2-emission-free with existing energy sources on site. 'With the green view in the Zwei district, climate-sensitive living spaces are created to feel good. The digitalization of the building helps the end customer to consume fewer resources while maintaining a high level of comfort,' says Andreas Kottl, CEO of Value One. Sustainable operation is also ensured by the implementation of component activation. 'As a leading partner for sustainable and urban construction, we are particularly pleased to implement this energy-efficient building as a general contractor. Together with Value One, we want to set a new milestone in sustainable housing,' says Thomas Birtel, CEO of STRABAG SE.

Grunblick has already been awarded the Sustainability Certificate in Gold by the Austrian Society for Sustainable Real Estate (OGNI).

STRABAG SE is a European technology group for construction services, a leader in innovation and capital strength. Our offer covers all areas of the construction industry and covers the entire construction value chain. In doing so, we create added value for our clients by integrating a wide variety of services and taking responsibility for them: We bring people, building materials and equipment to the right place at the right time and thus also realize complex construction projects - on time and quality and at the best price. Thanks to the commitment of our more than 75,000 employees, we generate an annual output volume of around EUR 16 billion. A dense network of numerous subsidiaries in many European countries and also on other continents expands our field of application far beyond Austria's and Germany's borders. Information also under www.strabag.com

Value One, based in Vienna, develops and operates extraordinary properties and city quarters that are fun. In the three business units Development, Operations and Investments, more than 200 employees work on the implementation of our visions. Over the past 20 years, Value One has realized outstanding properties worth around two billion euros. By 2024, more than 15,000 people will live and work in our properties. Vienna's urban development area Viertel Zwei and our premium student apartments from MILESTONE throughout Europe are just two examples of the new standards we are setting.

Contact:

STRABAG SE

Donau-City-Str. 9

1220 Vienna

Austria

Tel: +43 1 22422-1174

Fax: +43 1 22422-1177

E: marianne.jakl@strabag.com

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