April 15, 2019

Modesta Real Estate advises Parker on the sale of their former production plant in Austria

Modesta Real Estate advises Parker on the sale of their former production plant in Austria

Modesta Real Estate was able to facilitate the sale of the former Austrian production plant of Parker, a leading producer of drive and control technologies, to an Austrian investor. The former Parker building with a total area of 19,670 sqm is situated in the North of Wiener Neustadt with excellent connections to public transport. The building offers a production and storage area with a total of 4,350 sqm and modern office spaces with a total surface of 1,263 sqm.

Sascha Gutmann, advisor at Modesta Real Estate explains: “We are fortunate that we were able to support Parker on the disposal of their property und we wish the investors much success upon the acquisition of this property.”

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