MARINA TOWER wins "European Property Award" again

  • Successful gala night for BUWOG and IES Immobilien
  • International award for joint residential tower project in Vienna
  • Success in the category "Residential Highrise Development Austria"

The ceremony for the European Property Awards took place in London this year on 24 October 2019. MARINA TOWER won again in the category "Residential Highrise Development Austria". At the gala night the BUWOG Group and IES Immobilien's joint project received the prize as well as the 5-Star Award as "Best Residential Highrise Development Austria".


The submission was judged by an international jury comprising real estate experts, architects and journalists. The projects were evaluated on the basis of their fixtures and fittings, location, architecture, sustainability and innovation as well as accompanying marketing activities. "We are proud that our project was able to convince the jury of experts again this year. With MARINA TOWER, we are not only building a residential tower, but also a lifestyle with numerous amenities for the future residents – and doing so at an internationally recognised standard", says Andreas Holler, managing director of MARINA TOWER Holding GmbH. Markus Teufel, also managing director of MARINA TOWER Holding GmbH, adds: "MARINA TOWER will become a new landmark on the Vienna waterfront and, with the MARINA Deck, which will provide public access to the right bank of the Danube, will be a significant enhancement for all".


Construction of the MARINA TOWER and MARINA Deck is currently in full swing: while the concrete work is being carried out for MARINA TOWER on the ground and first floor, the reinforced concrete work for the MARINA Deck – the extension across the Handelskai – is nearly finished. Completion of MARINA TOWER is planned for the end of 2021/beginning of 2022.


Sales have already begun. Additional information on the project and the approximately 500 residential units is available at





BUWOG is the leading full-service provider in the Austrian residential property market and now looks back on 68 years of expertise. Its property portfolio encompasses approximately 22,000 units and is located in Austria. The development pipeline in Vienna includes approximately 5,000 units. In addition to Asset Management, the entire value chain of the residential sector is covered by Property Sales and Property Development. BUWOG Group GmbH is a subsidiary of Vonovia SE, Europe's leading residential company, whose headquarters are in Bochum (Germany).


About IES Immobilien

IES Immobilien-Projektentwicklung GmbH was founded in 2008. The Austrian family business specialises in the development of innovative real estate projects and in real estate consulting services. IES brings visions to life for people and, in real estate projects, pursues a holistic approach that reconciles innovation, service and quality. IES has years of experience in the successful development and realisation of real estate projects such as GartenPark am Anninger in Mödling, Junges Wohnen in Meidling and the serviced apartment project LiV'iN Residence in Vienna. In addition to the flagship MARINA TOWER project, IES Immobilien is currently developing another innovative urban development project, the Y-Towers in Overhoeks (Amsterdam, NL), which includes a residential tower, serviced apartments and a congress hotel.


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