Major PPP Deal Reaches Financial Close for Vienna’s Nordwestbahnhof Educational Campus

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The City of Vienna has reached financial close with a consortium comprising HYPO NOE Leasing GmbH, STRABAG Real Estate GmbH, and Caverion Österreich GmbH for the design, construction, financing, and long-term operation of the Educational Campus Nordwestbahnhof in Vienna, with financing provided by the European Investment Bank and DZ BANK AG, and legal advisors including E+H Attorneys-at-Law and Binder Grösswang. 

The “Educational Campus Nordwestbahnhof” project involves the design, construction, financing, and long-term operation of a new educational facility, developed in partnership with the City of Vienna.

The selected consortium—comprising HYPO NOE Leasing GmbH, STRABAG Real Estate GmbH, and Caverion Österreich GmbH—will oversee the project across its entire lifecycle, from initial construction through to long-term operations.

From a financing perspective, the project is supported by the European Investment Bank and DZ BANK AG, highlighting strong institutional backing and providing a stable financial foundation for its long-term delivery.

Legal counsel was engaged by both parties to the transaction. E+H Attorneys-at-Law advised the project consortium, while Binder Grösswang represented the lenders—including the European Investment Bank and DZ BANK AG—and played a key role in structuring and executing the financing arrangements.

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