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Letting··2 min read

MLP Business Park Vienna: Two new leases concluded

MLP Business Park Vienna records the arrival of Paper Republic and RYX Holding, with two new tenants settling into the MLP Group's first Austrian business park.

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MLP Business Park Vienna: Two new leases concluded. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

Two new companies have established themselves at MLP Business Park Vienna. Paper Republic and RYX Holding are the latest tenants in this commercial complex, which represents the MLP Group's first location in Austria. The new lettings underscore the park's attractiveness for various business sectors. MLP Business Park Vienna is designed as a versatile commercial location, combining offices, warehouse spaces, and logistics services under one roof to meet the requirements of different business areas.

Details of the New Establishments

Paper Republic, a company known for its high-quality leather products, has leased an area of 423 square metres. This area is divided into 121 square metres of office and showroom space and 302 square metres of warehouse space. The combination of representative exhibition spaces and functional warehousing allows the company to efficiently manage both sales and logistics. The decision to choose MLP Business Park Vienna was made based on the infrastructural conditions and the flexibility of the spaces.

RYX Holding GmbH has opted for a leased area of 164 square metres, of which 82 square metres are designated for office use and another 82 square metres as warehouse space. This space profile is typical for companies that require both administrative activities and compact on-site warehousing. The park's structure supports such hybrid requirements and offers tailored solutions for small to medium-sized businesses. The strategic location of the park also contributes to its attractiveness for companies seeking to establish themselves.

Significance for the Location

The MLP Group acquired the Business Park Vienna from CTP in autumn 2021. This was the company's first step into the Austrian real estate market. Since the acquisition, continuous efforts have been made to establish the park as a central hub for commerce and logistics in the region. The current new lettings reflect the success of this strategy and contribute to the further revitalisation of the location. The park's development is an indicator of the dynamism in the Vienna commercial real estate market.

MLP Business Park Vienna offers comprehensive infrastructure that is attractive to a wide range of businesses. The flexible usage concepts, ranging from pure office units to combined office and warehouse spaces, allow tenants to optimally cover their specific needs. This adaptability is a key characteristic of the park and a crucial factor for the successful acquisition of tenants such as Paper Republic and RYX Holding.

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