The Viennese real estate developer 6b47 Real Estate Investors AG is Insolvent. About 130 creditors and 15 employees are affected. The SO -Called Alhan Quartier was only sold in the ninth district in the summer and investor Ronny Pecik was also involved.
“The insolvency manager to be controlled will have to check whether the company can be continued or whether a closure is inevitable,” said Alexander Greifener of KSV1870. The bankruptcy procedure was necessary due to rising interest rates and construction costs and due to the falling price level.
It was only in the summer that 6b47 (“six to seven”) had given the Althan -Building site in the 9th district of Vienna. The building was sold to investor Ronny Pecik, the former Immofinanz board member Stefan Schönauer and Baustoff + Metall GmbH around the Kristinus family.
On the 2.4 hectare construction site, apartments, offices, a hotel and real estate must be made for shops. At the moment, financial difficulties have already been mentioned.
16 affected projects
“After the implementation of an out -of -Court renovation (…) through a joint effort from banks, Mezzaning Loafers and shareholders, unexpected delays in the implementation of projects and in 2024, in 2024, unexpected, to a more recently property prices recently Until another recently more recently for another recently for another recently for another recent economic ‘imbalance’ (…) ‘, was announced on Monday in a statement.
Austrian society currently has 16 development projects. All offices have already been closed in Germany and Poland, projects were partially sold. From Austria, the remaining projects for these two countries must be organized in the future.
Source: Krone

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.