Skip to content

Future of St. Pölten's Large Vacant Properties Under Discussion

After years of vacancy, the future of St. Pölten's large, empty properties is finally being discussed. The city magistrate and a commercial real estate agent are working to find suitable uses for these spaces.

This image is clicked outside. There are buildings on the left side and right side. There are...
This image is clicked outside. There are buildings on the left side and right side. There are lights in the middle. On the left side it looks like a store.

Future of St. Pölten's Large Vacant Properties Under Discussion

The future of two large, empty properties in St. Pölten is under discussion. The former central warehouse of Leiner and the Kika headquarters have been vacant since the furniture chain's bankruptcy. The city magistrate has been in talks with potential buyers and tenants, with some progress made.

Michael Miksch, a commercial real estate agent, has been hired to find suitable uses for both properties. He is optimistic about the former Kika headquarters, hoping to reach a conclusion by May. Several interested parties have been identified for each property.

Supermarket giant Spar has shown interest in the former Leiner central warehouse. The property, with 10,000 cubic meters of space, is strategically located near Spar's existing logistics center. The OVP St. Pölten proposed that the Rewe Group could use this real estate, but the group has not commented on this proposal.

The Supernova Group, which owns the properties, is looking for new tenants or buyers for 17 branches across Austria. The marketing process for the sale or long-term rental of the relevant objects is ongoing and expected to take several months.

The search for new tenants or buyers for the former Leiner central warehouse and Kika headquarters in St. Pölten continues. While progress has been made, no definitive agreements have been announced. The city magistrate and commercial real estate agent Michael Miksch are working to find suitable uses for these large, empty properties.

Read also:

Latest

In this image, we can see an advertisement contains robots and some text.

Cardano Price Prediction: Top Regulators Join the Crypto Industry as DeepSnitch AI Offers Retail Investors a Shortcut to Massive Wealth

Caroline Pham, the acting chair of the US Commodity Futures Trading Commission (CFTC), is leaving the regulator to join the crypto payments firm MoonPay. This transition is bullish for the crypto community. The ADA long-term outlook benefits from this stabilizing environment, but the sheer size...