Rudolf-Simon-Gasse

Green Impact Fund continues its success story: WEALTHCORE acquires another new residential project in Vienna

(Munich, October 12, 2022) Only a few weeks after the successful purchase of a 10,000 square meter residential project with 153 units, the investment manager WEALTHCORE realizes the second acquisition in Vienna for its Green Impact Fund according to Art. 9. This is a 3,000 square meter development project at Rudolf-Simon-Gasse 5 with a total of 49 units, generous common areas and an environmentally friendly energy supply concept. Green, urban and family-friendly, the new construction project is an ideal fit for WEALTHCORE's dark green Green Impact fund series with demanding sustainability standards. The new acquisition for the Art. 9 fund, which focuses on residential properties with the highest ecological and energy-efficient standards, strengthens the basis for the planned 3.5% p.a. distribution. Currently, according to a survey by rating agency Morningstar, only around 3.6 percent of funds throughout Europe qualify for this high sustainability standard. The open-ended special AIF is aimed at professional and semi-professional investors. The target volume is EUR 500 million.

Report from Vienna to Brussels for even more sustainability: Austrian project developer INVESTER United Benefits participates in study on EU taxonomy

As a pioneer among project developers in the field of sustainable construction in Austria, the project developer INVESTER United Benefits is one of the few participants from Austria taking part in the current Europe-wide EU taxonomy study. For this purpose, the development arm of United Benefits Holding is taking part in interviews, outlining example projects and providing data. CEO Michael Klement attaches great importance to the study for the EU and the company's own ESG strategy: "The study gives us the opportunity to provide the EU with feedback from the field and, if necessary, to suggest important changes. On the other hand, participation helps us internally to optimize our criteria and structures. Participation is a fixed date for us - as a pioneer in the sustainability sector." The study started in March 2022 and the evaluation is scheduled for December 2022.

Great luck in Vienna

Premiere for Green Impact Fund: WEALTHCORE acquires first large-volume residential project in Vienna's 22nd district and launches fund

(Munich, September 28, 2022) Investment manager WEALTHCORE Investment Management has successfully completed the first property acquisition in Vienna for its Art. 9 Green Impact Fund. With the deal, the industry pioneer acquires the 10,000-square-meter residential project "Grosses Glück" with a total of 153 units, spacious common areas and bookable home office berths. According to a survey by the Morningstar rating agency, only around 3.6 percent of funds throughout Europe qualify for the dark green sustainability standard. The open-ended special AIF is aimed at professional and semi-professional investors. The target volume is 500 million euros.