Raiffeisen Property International

What Raiffeisen Property International does

Raiffeisen Property International (RPHI) is the dedicated real estate competence center for the Raiffeisen Bank International (RBI) Group, operating as a wholly owned subsidiary headquartered in Vienna. The company develops, manages, and sells real estate projects across Austria and 14 Central and Eastern European (CEE) countries, with a portfolio that includes Class A office buildings, residential developments, hotel assets, and mixed-use urban quarters. Since 2011, every project RPHI delivers carries sustainability certification under ÖGNI, DGNB, or LEED standards, and the cumulative developed footprint is approximately 560,000 m².

The business operates on a two-engine model. The first engine is development-for-sale: RPHI acquires or repurposes land, develops assets, stabilizes occupancy, and disposes to institutional buyers such as Swiss Life, Union Investment, and Warburg-Henderson. The second engine is property management, generating recurring fee income across owned and third-party managed assets. Notable inventory assets include the SkyTower in Bucharest (50,400 m², 100% occupied), EXPO 2000 Bucharest (47,900 m²), and the Allianz Campus Vienna (22,800 m², sold to Swiss Life in December 2021). Anchor tenant relationships include Microsoft, Oracle, Ericsson, Novartis, Allianz, and Raiffeisen Bank Romania. Recent flagship initiatives include the multi-phase Stadtquartier@WienArena urban quarter (running through 2030) and the Palais Esterházy heritage restoration in Bratislava (2025–2028).

Customer concentration is property-specific rather than portfolio-wide: each asset is anchored by a small number of large corporate tenants, which provides lease stability but creates exposure to anchor departure. Capital structure benefits from RBI parent ownership, granting low cost of capital and cross-selling access to the bank's corporate network across CEE, though RPHI itself does not publicly disclose revenue or standalone financials.

Name

Raiffeisen Property International

Legal name

Raiffeisen Property International GmbH

Website

https://rphinternational.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

RPHI is a Vienna-based real estate developer and property manager, wholly owned by Raiffeisen Bank International, delivering sustainable Class A office, residential, hotel, and mixed-use projects across Austria and 14 CEE countries.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Nonresidential Property Managers (531312), Real Estate Property Managers (53131), Lessors of Real Estate (5311), Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Commercial Real Estate Asset Management (BPAJAMAB)

akta.pro secondary industries

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL), Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL), Real Estate Strategy & Portfolio Consulting (Corporate/Institutional) (BPAJANAB)

Keywords

• Commercial real estate development
• Sustainable property management
• Office leasing
• Residential project development
• Real estate consultancy

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Real Estate Development: RPHI develops office, residential, hotel, and mixed-use properties in Austria and CEE region. Properties are either held in portfolio for rental income or sold to institutional investors upon completion. Revenue is generated through property sales (one-time) and ongoing property management/asset management fees.
2. Property Management & Asset Management: Ongoing management of owned properties including office buildings (SkyTower, FCC), hotels (Radisson Blu Kyiv), and residential/commercial portfolios. Generates recurring management fees and rental income.
3. Real Estate Consultancy Services: Advisory services for clients buying, building, managing, or selling properties. Includes project development consultation and third-party property management services.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

RPHI develops, manages, operates and sells commercial, residential, hotel, and mixed-use real estate properties in Austria and the Central, Eastern and Southeastern Europe (CEE) region. Properties are either held in portfolio for rental income or sold upon completion to institutional investors such as real estate funds and pension funds. The company also delivers ongoing property/asset management services and advisory (consultancy) services for clients buying, building, managing or selling property.

Product overview

Raiffeisen Property Holding International (RPHI) is a real estate development and management company, operating as a 100% owned subsidiary of Raiffeisen Bank International. The company offers a diversified portfolio of property types including: (1) Residential projects such as ANTON Vienna (first Platinum certified residential in Austria), Milestone Student Residence (418 rooms), Serviced Apartments, and Palais Esterházy restoration; (2) Office buildings including SkyTower Bucharest (tallest in Romania, LEED Platinum), EXPO 2000 Office Park Sofia, RK60 Budapest, Allianz Campus Vienna, space2move, and the new European Handball House; (3) Hotel properties including Radisson Blu Hotel Kyiv; (4) Mixed-use and consultancy projects including Tatracentrum Bratislava, Mall Varna, and headquarters for Raiffeisenbank entities across CEE. RPHI also provides advisory services for property transactions. The company operates in 14 countries across Central, Eastern and Southeastern Europe, with branches in Austria, Bulgaria, Hungary, Romania, Slovakia, and Ukraine. All developments since 2011 have been sustainability certified (ÖGNI, DGNB, or LEED).

Differentiator

Problem solved

Functional benefit

Products and services

• Stadtquartier@WienArena Mixed-use urban quarter development in Vienna's Neu Marx district combining residential, office, hotel, and student housing. Target customers are corporate tenants, residents, students, and institutional investors.
• ANTON Vienna (Residential) First ÖGNI/DGNB Platinum certified residential building in Austria, located in Vienna's Neu Marx district. 73 apartments (2-5 rooms) totaling 6,700 m² GFA, marketed to high-net-worth individual buyers.
• Milestone Student Residence Student residence with 418 single/double rooms (14,600 m²) at Stadtquartier@WienArena, operated by MILESTONE. Targets students in Vienna.
• Serviced Apartments Stadtquartier@WienArena 48 fully equipped serviced apartments (4,600 m²) at Stadtquartier@WienArena providing modern serviced living. Targeted at ÖGNI Gold certification.
• SkyTower Bucharest 37-storey, 137m tall office tower in Bucharest, the tallest building in Romania, offering 50,400 m² of premium Class A office space to corporate tenants. LEED Platinum, DGNB Gold, and SHORE Gold certified.
• EXPO 2000 Office Park Multi-phase office park in Sofia, Bulgaria, comprising 4 buildings totaling 47,900 m² of Class A office space leased to multinational tenants.
• RK60 Office Building LEED Gold pre-certified office building under development in Budapest, Hungary (17,500 m²), featuring solar panels, energy-efficient HVAC, terraces, and rooftop garden.
• Allianz Campus Vienna 22,800 m² Allianz Technology headquarters in Vienna-Penzing, DGNB/ÖGNI Gold certified with 6 floors, 206 parking spaces, canteen, and training facilities.
• space2move LEED Gold certified office complex of three buildings (A, B, C) totaling 69,300 m² in Vienna's 19th district.
• FCC Building (Bucharest) 17,130 m² office building in Bucharest adjacent to SkyTower, SHORE Gold certified.
• Radisson Blu Hotel Kyiv International hotel in Kyiv city center offering 254 rooms across 22,500 m², operated by Radisson Hotel Group. The first international hotel brand in Kyiv.
• Palais Esterházy (Bratislava) Heritage-listed palace restoration in Bratislava Old Town offering 20 high-end condominiums, commercial premises, and underground parking. Targeted at luxury buyers and investors.
• European Handball House 5,600-5,800 m² office headquarters for the European Handball Federation at Stadtquartier@WienArena, designed for 120+ employees.
• Real Estate Consultancy Services Advisory services supporting clients in making decisions when buying, building, managing, or selling real estate properties across CEE markets.

Quantifiable outcome

• 560,000 m² of hotel, commercial and residential space developed
• +4 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor, core and flagship.

• World Federation of Great Towers (WFGT)minorStrategic or Co-development Partner · 1 February 2023SkyTower Bucharest became member of WFGT in February 2023 following complex selection and assessment process. Partnership honors the tower and provides promotion and development opportunities. SkyTower is the only building in Romania that is a member of WFGT.
• MILESTONE Operations GmbHcoreChannel Partner/ Reseller/ DistributorExperienced operator responsible for successful operation of Milestone student residence at Stadtquartier@WienArena. MILESTONE already operates three other locations in Vienna.
• WRS Energie- und Baumanagement GmbHcoreImplementation/ SI/ Consulting PartnerGeneral contractor for student residence Milestone project. Responsible for construction management of the 418-room student residence and serviced apartments development.
• Burtscher-Durig ZT GmbHcoreImplementation/ SI/ Consulting PartnerRenowned Viennese architectural firm responsible for general planning of Stadtquartier@WienArena and multiple RPHI projects including ANTON, student residence, and European Handball House.
• European Handball Federation (EHF)flagshipStrategic or Co-development PartnerEHF selected RPHI to develop their new headquarters 'European Handball House' in Neu Marx, Vienna. The 5,600-6,000 m² building will serve as central hub for international cooperation among 50+ European handball federations and 350+ clubs.
• Climb Again AssociationminorOthersCharitable partner for SKYRUN tower running event. All registration fees donated to Climb Again's social and educational projects for children and young people with disabilities.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• CA Immobilien Anlagen AG: Vienna-based listed real estate developer and investor with a significant CEE office portfolio. Highly comparable to RPHI in geography (Austria + CEE), product focus (Class A offices), and tenant base (multinational corporates and banks).
• CPI Property Group: One of the largest CEE real estate owners, with a focus on offices, retail, hotels, and residential across the region. Highly comparable geography and product mix, particularly in Prague, Berlin, and CEE capitals.
• GTC Group: CEE-focused real estate developer and asset manager of office and retail properties in Poland, Romania, Hungary, Bulgaria, and Serbia. Comparable geographic footprint and institutional office focus.
• HB Reavis Group: Slovakia-headquartered developer of Class A office and mixed-use projects across CEE capitals. Highly comparable in product (sustainable office towers, mixed-use urban quarters) and target cities (Bratislava, Budapest, Warsaw).
• Immofinanz AG: Austrian/Czech commercial real estate company operating retail and office assets across CEE. Closely comparable in product mix, geography, and focus on institutional-grade, often sustainability-certified buildings.
• Globalworth: Leading owner-operator of Class A office and mixed-use properties in Romania, Poland, and CEE. Directly comparable in Bucharest office exposure, sustainability certifications, and multinational tenant base.
• S IMMO AG: Austrian real estate company focused on office, retail, and residential properties in Austria and CEE. Direct peer in geography, asset class, and institutional sale-driven business model.

Broad incumbents

• STRABAG Real Estate: Austrian/German real estate developer part of the STRABAG construction group, active in CEE offices, residential, and hotels. Comparable in geography and integrated development-and-management capabilities, with a larger parent balance sheet.
• Skanska Commercial Development Europe: European arm of Skanska's commercial real estate development business, with sustainability-led office and mixed-use projects across CEE. Comparable product positioning and green-building focus at a larger, more diversified scale.

Others

• Union Investment Real Estate: Major German institutional real estate investor that has acquired multiple RPHI-developed assets (e.g., space2move). Comparable as a counterparty in the institutional exit flywheel, and adjacent as a pan-European buyer of CEE prime office stock.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/raiffeisen-property-international-gmbh

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Raiffeisen Property International