Logistics represents the third strongest asset class in Austria in 2020. Due to their geographical location, Austria’s core locations along the most important transport axes in continental Europe offer potential for the establishment of innovative logistics centres. One example is Leonding near Linz.
As one of Austria’s largest metropolitan areas, the region around Linz is a magnet for well-known industrial companies.
SOINI ASSET purchased the logistics centre in Leonding in 2019 and will hold it in its portfolio for the long term. The decisive factor for the purchase decision was, among other things, the highly sought-after commercial location with excellent transport links – directly adjacent to the Austrian industrial and economic centre of Linz. The total leasable area of the logistics property amounts to around 17,000 square meters.
“Leonding is located near the most important east-west links of the Trans-European Transport Network (TEN-T), the Rhine-Danube corridor. Running across continental Europe, this connects Strasbourg and southern Germany with the central European cities of Vienna, Bratislava and Budapest, before passing through the Romanian capital of Bucharest to the Black Sea port of Constanta.”
Nino Stricker-Neumayer, SOINI ASSET
Logistics
Logistics property in Austria
Leonding near Linz
Financial investor, asset manager
17,044 sqm
Under asset management by SOINI ASSET.
Purchase by Logistics Austria Plus Fund I in 2022.
28. March 2023
