INVESTIKA Real Estate Fund Entered the Austrian Real Estate Market by the Acquiring Prime Aviation Training Centre near Vienna International Airport
INVESTIKA Real Estate Fund, the largest Czech and Slovak non-bank open ended mutual real estate fund for retail investors, has entered the Austrian real estate market. The Fund acquired CAE Aviation Training Centre near the Vienna Airport for over 30 mil EUR from Propel Industrial Holding, an independent real estate investment boutique active in Austria, Germany and the Netherlands. Thanks to this acquisition INVESTIKA Real Estate Fund has been geographically and industry-wise diversifying its investments across five European countries already.
The CAE Aviation Training Centre is located near to Vienna International Airport in Schwechat with direct connection via A4 motorway to the centre of Vienna. The prime light industrial and office asset with 8,077 sqm GLA was prepared as built-to-suit project for the Canadian company CAE Inc., the world´s leader in aviation industry.
The technologically very advanced building consists of two parts: the office one and the industrial one with clean operation. It is used for training centre for professional pilots on specialized aerial transporters plus it provides base for the training staff. Given its specific use, it is excellently located: on the A4 and S1 motorways in the immediate vicinity of Vienna International Airport and with direct connection to the centre of the Austrian capital.
The acquired asset has got an excellent sustainability profile. The timber framework was used in its construction. The property runs on the modern BMS system. It has been saving energy by using the installed LED lighting and will use alternative sources of energy (photovoltaic panels to be installed on the roof). The rainwater is being collected and re-used. There is a parking area with 88 lots and chargers for electric cars. The asset has been undergoing ÖGNI Gold certification process now.
„Acquisition of CAE´s Aviation Training Centre near Vienna Airport means a lot for INVESTIKA Real Estate Fund. It has been our first transaction on the Austrian real estate market which is matured and very stable and which has been therefore our radar for some time already. I am proud that we have secured such a prime asset with the long-term blue-chip tenant. The stable rental income from this property helps achieve INVESTIKA Real Estate Fund´s target return of 4 – 6 % p.a. for its investors. Besides of that, I am confident that this transaction is the role model for our further acquisitions and growth in Austria,” comments Jaroslav Kysela, Member of the Board of Directors of INVESTIKA, investiční společnost, a.s. being the investment company which manages INVESTIKA Real Estate Fund, open ended mutual fund.
“We are pleased to have successfully concluded the sale of this specialized and sustainable asset to INVESTIKA Real Estate Fund. As the largest Czech and Slovak non-bank real estate fund, INVESTIKA has demonstrated a clear and strategic vision with this acquisition. Their ability to identify and secure high-quality, future-proof assets is impressive, and we are proud that this project will now contribute to the continued growth and diversification of their European portfolio. This transaction reflects our shared commitment to long-term value, innovation, and sustainability in the industrial real estate sector,” says Armen Gevorkian, Founder and CEO of Propel Industrial.
INVESTIKA Real Estate Fund has been represented by consultants from EHL Investment Consulting, STC Development, TPA, PwC Legal Rechtsanwälte a PFP-LAW Austria.
About INVESTIKA (the Buyer on behalf of INVESTIKA Real Estate Fund)
INVESTIKA, investiční společnost, a.s. is a Czech investment company licensed by the Czech National Bank for managing and administering investment funds. Established in 2015, as of 30 June 2025, INVESTIKA managed over CZK 30 billion in assets of managed investment funds with over 100,000 investors across all its managed funds.
INVESTIKA's flagship fund, INVESTIKA Real Estate Fund, is the largest non-bank real estate fund for retail investors in the Czech Republic and Slovakia, managing over CZK 24 billion. The fund targets at 4-6% annual return, thanks to highly diversified portfolio spanning across property types, tenant sectors, and countries, including the Czech Republic, Poland, Croatia, Spain and now also Austria www.investika.cz
About Propel Industrial Holding (the Seller)
Propel Industrial is an independent real estate investment boutique founded in 2020 which combines real estate investment, asset management and development management. With strong track-record in logistics & industrial real estate, the company has already built approx. 300,000 sqm of new industrial developments across Austria, the Netherlands and Germany. www.propel-industrial.com
CONTACT:
Markéta Miková
PR Consultant to INVESTIKA Real Estate Fund
T: +420 739 057 684, E: marketa@marketamikova.cz
Martina Jakelová
PR Consultant to INVESTIKA Investment Company
T: +420 607 286 362, E: martina.jakelova@fleishmann.com