In a significant development for Vienna’s commercial real estate market, Springtime Technologies GmbH, a leading IT company, has secured a lease for a prime office space in Euro Plaza 5. The move, scheduled for December 2024, marks an important step for the company as it continues its expansion and deepens its roots in the Austrian capital.
The lease agreement, signed with Union Investment, covers approximately 1,127 square meters within the Euro Plaza 5 property. This modern office complex, completed in 2014, is a key asset in the portfolio of the open-ended property fund UniImmo: Europa, managed by Union Investment.
Euro Plaza 5, boasting around 35,000 square meters of rental space, has been a sought-after location for businesses since its inception, and the recent lease leaves only a few available areas remaining. The six-storey building is known not just for its extensive facilities but also for its commitment to sustainability. It holds the prestigious DGNB Platinum certification, a testament to its high standards in environmental efficiency and sustainable construction practices.
Located in Vienna’s 12th district, Euro Plaza 5 is part of a larger business park that serves as a hub for innovation and enterprise. The district, known for its accessibility and vibrant business environment, has attracted numerous companies in recent years, making it one of the most dynamic areas in Vienna.
Springtime Technologies GmbH’s decision to move into this space reflects its growth trajectory and commitment to maintaining a strong presence in Vienna. The company’s new office in Euro Plaza 5 will provide a state-of-the-art working environment for its employees, enabling them to continue delivering cutting-edge IT solutions to clients across Europe.
The upcoming move is seen as a positive indicator of the company’s confidence in the Austrian market, and it further solidifies Euro Plaza 5’s reputation as a premier business location in Vienna. With only a few units left available for lease, the building is nearing full occupancy, underscoring the strong demand for high-quality office spaces in the city.
As the December 2024 move-in date approaches, both Springtime Technologies GmbH and Union Investment are expected to work closely together to ensure a smooth transition into the new premises. The partnership highlights the ongoing appeal of Vienna as a key business destination in Europe and the crucial role that sustainable, modern office spaces like Euro Plaza 5 play in attracting and retaining top companies.
