has invested 鈧�20m to buy two purpose-built multi-storey car parks, a supermarket and commercial unit in Austria鈥檚 capital.
The manager said the Hauptbahnhof East 1&2 car parks in Vienna were acquired for the European Parking Fund IV from Rhomberg Bau.
Bas Magielse, fund manager of Primevest Capital Partners, said: 鈥淭he traditional role of car parks as warehouses for vehicles is changing. They are emerging as 鈥榤obility hubs鈥�, offering a wider range of uses and becoming increasingly integrated into the urban infrastructure landscape, as the availability of expensive on-street parking declines and metropolitan authorities move to restrict vehicle access to city centres.
鈥滳onsumers benefit from the additional services these mobility hubs can offer, from electric car charging points to e-commerce 鈥榩ick-up鈥� services.鈥�
Martin Summer, managing director of Rhomberg Bau in Vienna, said: 鈥淢ulti-storey car parks are very practical in function, but that hasn鈥檛 stopped us placing a lot of emphasis on aesthetics and sustainability during the development of this project in order to 鈥榝uture proof鈥� our investment by safeguarding and maximising its value in the years ahead.鈥�
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