Austria: Since January 2023, technology-based apartment provider and operator limehome has added 10 locations in Austria, almost doubling its portfolio in the country.
The expansion across Austria brings limehome’s portfolio to 600 apartments in 23 locations. Contracts have been signed in Salzburg and Vienna, as well as St. Pölten, Klagenfurt, Eisenstadt, Krems an der Donau, Leibnit and Bad Hall.
A third site is currently being built in Vallach, and an opening is Graz is due to follow.
Helene Bugl, director of expansion in Austria, Switzerland and Hungary for limehome, said: “Austria is one of the most important markets for limehome. Demand has been high since we entered the market and we see great potential for further strong growth. In addition to the provincial capitals, we also want to expand our offering in Austria’s tourist destinations. To this end, we are looking for partners throughout the country who want to realise long-term projects together with limehome. Whether vacant office space, former hotel buildings, new buildings or mixed-use properties: All types of projects are of interest to us.”
The 22 units in Salzburg’s old town are scheduled to open this spring. In Krems an der Donau, the Und monastery is being transformed for limehome and will also open in spring with 21 new units.
From 2027, a wooden hybrid high-rise will open under limehome in Eisenstadt. The timber construction method is sustainable and energy-efficient, and is also designed to ensure a healthy indoor climate.
Further expansion is planned in the country, particularly in Vienna and western Austria.
