Insights · Market
Buwog takes over Sueba project in Vienna Floridsdorf
2026-10-06 · Market · AT · Source: Der Standard, retrieved on 2026-10-12
After the insolvency of the project company of developer Süba, the scheme in Pilzgasse in Vienna Floridsdorf was awarded in a bidding process. Buwog secured the project. According to the report the site is still vacant land.
What this means for you
Buyers of units in a development should check the developer's financial standing and the status of building permits before signing. Insolvency can change completion dates and ownership.

Terms from this story explained
More items from this week
- Frankfurt seeks wider fines for excessive rents · FAZ, 2026-10-05
- Sareb awards housing management contract to Blackstone unit Aliseda · El Mundo, 2026-10-05