Three months earlier than planned: Funded IFA housing project “Harter Straße 96” in Graz completed

Graz (OTS)

  • IFA is implementing the 487th client model Plus “Harter Straße 96” ahead of schedule
  • Investors contributed a total of 11 million euros to the creation of 30 subsidized new rental apartments
  • “Harter Straße 96” impresses with its high quality of living – over 80% of the apartments have already been rented upon completion

In just 15 months, three months earlier than planned, IFA completed the subsidized housing project “Harter Straße 96” in Graz Straßgang in January. This builder model Plus continues its success story, as the 11 million euro project was fully placed in a record time of just four weeks in 2022. With their investment, investors have contributed to creating urgently needed, affordable housing. IFA has realized a total of 30 high-quality rental apartments between 42 and 91 m2; All have generous open spaces such as balconies, terraces or private gardens. The high first-time rental rate of over 80% upon handover confirms the quality of living and attractiveness of “Harter Straße 96”.

“With the consistent implementation of urgently needed subsidized new residential projects, IFA is once again proving its reliability in a challenging market environment. We are particularly proud to have completed ‘Harter Straße 96’ not only on schedule, but even three months earlier than planned. Many thanks to all investors who participated with their profitable investment,” said Gunther Hingsammer, CEO of IFA AG.

Overall ecological concept with extensive greenery
“Harter Straße 96” relies on the highest standards of ecological, social and economic sustainability. The heat supply is guaranteed by district heating; All precautions for installing a photovoltaic system have already been taken. The extensive green roof in combination with plant troughs on all balconies and in the arcades on each floor have been implemented, as has an approx. 780 m2 general garden with numerous trees and raised beds, which further increases the quality of living.

Investment in urgently needed, subsidized rental apartments
With “Tiergartenweg 32a – 32e” and “Puchstraße 34”, IFA currently offers investors two further attractive Graz investments in subsidized rental apartments. Investors benefit from the many advantages of an IFA builder model and the comprehensive services of IFA Asset Management.

More information at www.ifa.at

About IFA
IFA AG is the Austrian market leader for real estate investments with around 500 realized projects. IFA manages around 4.1 billion euros for more than 7,900 investors – and has been doing so since 1978. The investment options range from subsidized builder models to exclusive prime investments and bonds. IFA AG is part of the SORAVIA Group, one of the leading real estate groups in Austria and Germany.
www.ifa.at

Questions & Contact:

Karin Sladko
IFA Marketing & Communications
Tel.: +43 1 71690 1426
E-Mail: k.sladko@ifa.at

Janika Hidegh
Ecker & Partner public relations
Tel.: +43 676 346 807 2
E-Mail: j.hidegh@eup.at

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