Property characteristics Bankgasse 2, 1010 Vienna Property: Baroque palace Year of construction: 1718 Plot no.: 97 District court: Innere Stadt Wien Monument Conservation: Yes Plot size: 942 sqm Building area: 731 sqm Paved area: 211 sqm Number of levels: Basement, ground floor, 3 upper floors, attic Usable space: 3546 sqm(incl. common areas and courtyard 189 sqm) Usage: office Rent term: Definite term until 31.12.2011 Elevator: two Purchase price: € 28.000.000.- Property description The building at the intersection of Bankgasse and Herrengasse is the "Palais Batthyany", which has been constructed from 1683 until 1740 and was last redeveloped in the year 2000. Due to its historically valuable building fabric, the property is a protected building. Prior to redevelopment in 2000, the building had been used by the provincial government of Lower Austria for administrative purposes. The redevelopment as a modern office building included the construction of a new basement below the inner courtyard and the extension of the entire attic. The full scale renovation to contemporary office spaces required the modernisation of all technical facilities like the installation of two elevator systems, ventilation and cooling systems, a pneumatic letter shoot system and banking security equipment. The requirements of the Federal Monument Conservation Agency to preserve the basement arch, constructive parts of the wooden ceiling as well as the whole roof have been fulfilled during the redevelopment. All elements in the outer and inner areas have also been renovated according the original status. Location The building is located centrally in Vienna's first district at the intersection of Bankgasse and Herrengasse between the Burgtheater and Freyung. The location is undoubtedly a first class EFTA00621608