Residential building

Postal code:   5020 Salzburg
Address: Lessingstraße 8
Useable area: approx. 2,800 m²
Date of purchase: 03/01/2011
Current valuation: 4,870,000 Euro (10/2016)


The residential building, located in the near of the city center, was built in 1900 and reconstructed in 2001. The property consists of five floors with a fully developed attic floor. The ground floor is used by four shops the rest of the building is mainly used by residentials. The building is well linked to the public transport (bus), the central station Salzburger Hauptbahnof is nearby. Shopping facilities, schools and kindergarten are in the direct neighbourhood.

Residential building

Postal code:   5020 Salzburg
Address: Schrannengasse 4
Useable area: approx. 1,600 m²
Date of purchase: 03/01/2011
Current valuation: 3,960,000 Euro (10/2016)


The residential building is located nearby the city centre, in direct neighbourhood to "Schloss Mirabell". The building, built in 1984 and reconstructed in 2006, consists of one basement floor with 17 parking spaces and six floors. The groundfloor is used by four shops, the upper floors are used by apartments and two offices. The building is well linked to the public transport (bus). The infrastructural environment with shopping facilities, schools and kindergarten are excellent.

Important legal information

This document is an advertisement. All data is sourced from ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. unless indicated otherwise. Our languages of communication are German and English.

The “fund prospectus Information for Investors pursuant to § 21 AIFMG” (fund prospectus) and the simplified prospectus are prepared by ERSTE Immobilien KAG and published in “Amtsblatt zur Wiener Zeitung” in accordance with the provisions of the Alternative Investment Funds Manager Act (Alternative Investment Funds Manager-Gesetz, AIFMG, Federal Law Gazette No. 135/2013)  in connection with the Real Estate Investment Fund Act (Immobilien-Investmentfondsgesetz/ImmoInvFG) Federal Law Gazette BGBI No.80/2003 in the currently amended version.

The fund prospectus and the simplified prospectus can be viewed in their latest versions at the web site or obtained in their latest versions free of charge from the domicile of the ERSTE Immobilien KAG (management company) and the domicile of the Erste Group Bank AG (custodian bank). The exact date of the most recent publication of the fund prospectus and simplified prospectus, the languages in which the documents are available, and any additional locations where the documents can be obtained can be viewed on the web site

This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation and risk appetite. Past performance is not a reliable indicator of the future performance of a fund. Please note that investments entail risks in addition to the opportunities presented there. Errors and misprints excepted.

ERSTE Immobilien Kapitalanlagegesellschaft, Am Belvedere 1, 1100  Vienna