THE AMBASSY

What THE AMBASSY does

THE AMBASSY (trading as THE AMBASSY PARKSIDE LIVING) is a single-asset luxury residential development project developed by urban development agency GmbH (UDA), an Austrian private limited company headquartered at Mahlerstrasse 12, 1010 Vienna. The project is located at Beatrixgasse 27 in Vienna's Botschaftsviertel (diplomatic quarter), directly adjacent to the Ringstrasse and the 1st district, surrounded by more than thirty embassies. It comprises three product tiers — SMART apartments of 50-75m², FAMILY apartments and townhouses of 60-165m², and AMBASSADOR penthouses of up to 190m² — and offers on-site amenities including a private cinema, conference room, lounge and club rooms, XL underground parking with EV charging, and a full concierge service. Technical features include low-energy construction (HWB 23.7 kWh/m²a, energy efficiency factor 0.729), triple panorama glazing with pollen filters and integrated sun/privacy screening, and floor/ceiling heating and cooling systems.

The project is architecturally led by A.C.C. Ziviltechniker GmbH and distributed to end buyers exclusively through a syndicate of three appointed Austrian brokerages — EHL Immobilien GmbH, OTTO Immobilien GmbH, and Marlies Muhr Immobilien GmbH — which earn a 3% commission on the purchase price plus VAT on successful transactions. Direct inquiries are handled via the concierge team ([email protected], +43 676 7776677). Marketing relies on earned media managed by Milestones in Communication (MINC), coverage in outlets such as Der Standard, Die Presse, Deal Magazine, Leadersnet, and AURUM 999.9, and a multilingual (DE/EN/RU) website with virtual tours and a Flatfinder tool.

UDA reports a 15+ year track record on the European property market with private and institutional investors, private foundations, funds, and project developers, and the project reached topping-out (Dachgleiche) on 10 October 2017. The entity has seven employees and no disclosed parent company, subsidiaries, public listing, funding rounds, or financial figures.

Name

THE AMBASSY

Legal name

urban development agency GmbH

Website

https://theambassy.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

THE AMBASSY is a luxury residential development by urban development agency GmbH in Vienna's diplomatic quarter, comprising SMART, FAMILY, and AMBASSADOR apartments (50-190m²) sold through an exclusive three-broker syndicate to high-net-worth buyers.

Ownership category

akta.pro rank

Product category

Luxury Residential Real Estate

NAICS

Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Luxury serviced apartments (premium) (THAMACAE)

akta.pro secondary industry

Luxury Serviced Residences (THAGAEAJ)

Keywords

• Luxury real estate
• Residential development
• Premium apartments
• Luxury residences
• Property development

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Real estate sales: One-time purchase of luxury residential apartments. Revenue generated from property sales across three categories: SMART (50-75m²), FAMILY (60-165m²), and AMBASSADOR residences (up to 190m²). Commission of 3% of purchase price plus VAT paid to appointed real estate agents.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

THE AMBASSY PARKSIDE LIVING is a luxury residential development at Beatrixgasse 27 in Vienna's diplomatic embassy quarter. It sells newly built apartments across three lifestyle categories (SMART 50-75 m², FAMILY 60-165 m², and AMBASSADOR up to 190 m²) bundled with a premium concierge service, private cinema, conference room, lounge/club rooms, XL underground parking, and integrated security systems. Apartments are sold on a one-time purchase basis through three appointed exclusive real estate agents (EHL Immobilien, OTTO Immobilien, Marlies Muhr Immobilien) operating on a 3% commission plus VAT.

Product overview

THE AMBASSY PARKSIDE LIVING is a luxury residential complex offering three apartment categories: SMART Living (50-75 m² compact apartments), FAMILY Living (60-165 m² spacious apartments/townhouses), and AMBASSADOR Residences (up to 190 m² luxury penthouses). Residents benefit from premium amenities including concierge service, private cinema, conference room, lounge/club rooms, XL underground parking, and comprehensive security systems. The complex is located in Vienna's prestigious diplomatic quarter near the Ringstrasse.

Differentiator

Problem solved

Functional benefit

Products and services

• THE AMBASSY PARKSIDE LIVING

Quantifiable outcome

• Heating energy requirement of 23.7 kWh/m² a
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• UDA urban development agency GmbHcoreStrategic or Co-development PartnerUDA is the developer and project originator of THE AMBASSY PARKSIDE LIVING. An independently-managed company specializing in sophisticated property projects in prime locations. Has operated discreetly on the European property market for over 15 years, enjoying trust of private and institutional investors, private foundations, property companies, and project developers.
• A.C.C. Ziviltechniker GmbHcoreTechnology or IntegrationArchitectural firm responsible for the project renderings and design of THE AMBASSY PARKSIDE LIVING. Located at Hadikgasse 68, 1140 Vienna, with Tel: +43 1 894 61 55.
• EHL Immobilien GmbHcoreChannel Partner/ Reseller/ DistributorAppointed exclusive sales agent for THE AMBASSY PARKSIDE LIVING alongside OTTO Immobilien and Marlies Muhr Immobilien. Commission of 3% of purchase price plus VAT on successful sales. Located at www.wohnung.at.
• OTTO Immobilien GruppecoreChannel Partner/ Reseller/ DistributorAppointed exclusive sales agent for THE AMBASSY PARKSIDE LIVING alongside EHL Immobilien and Marlies Muhr Immobilien. Commission of 3% of purchase price plus VAT on successful sales. Located at www.otto.at.
• Marlies Muhr Immobilien GmbHcoreChannel Partner/ Reseller/ DistributorAppointed exclusive sales agent for THE AMBASSY PARKSIDE LIVING alongside EHL Immobilien and OTTO Immobilien. Commission of 3% of purchase price plus VAT on successful sales. Located at www.muhr-immobilien.at.
• Milestones in Communication (MINC) PRA GmbHsupportingGTM or Marketing PartnerPR agency handling press inquiries for THE AMBASSY. Contact: Alexander Staudigl and Carina Rambauske at Tel: +43 1 890 04 29 0. Manages media relations and press coverage including Der Standard, Die Presse, Deal Magazine, Leadersnet, and AURUM magazine.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Bonava (formerly NCC Housing): European residential developer active across Germany, Austria and the Nordics with multi-tier product offerings; comparable as a pan-European developer operating a tiered (entry/family/premium) residential model similar to THE AMBASSY's SMART/FAMILY/AMBASSADOR segmentation.
• CA Immobilien Anlagen AG: Listed Austrian real estate group developing residential, office and mixed-use product in Vienna and CEE; overlaps with THE AMBASSY as a developer in the same Vienna luxury/premium residential segment.
• S IMMO AG: Vienna-based real estate investor/developer with residential and commercial assets in Austria and CEE; comparable because it develops and operates premium property in the same Vienna market as THE AMBASSY.
• IMMOFINANZ AG: Austrian-listed real estate company with residential and mixed-use exposure across Central Europe; comparable as a Vienna-headquartered developer/operator active in the same residential market, though at vastly greater scale and broader portfolio.

Direct peers

• Otto Immobilien Gruppe: Established Austrian residential broker and developer selling premium Vienna apartments; directly comparable as an appointed sales partner of THE AMBASSY and as a competitor developing/listing similar central-Vienna luxury product.
• GalCap Europe: Vienna-based asset manager focused on value-add and prime residential in Central European capitals; comparable as a Vienna-headquartered specialist pursuing premium residential product in similar micro-locations.
• WINEGG Realitäten GmbH: Vienna-based luxury residential developer and broker active in prime districts; comparable because it develops and sells high-end apartments in the same central Vienna micro-markets targeted by THE AMBASSY.
• VALUE One Holding AG: Austrian developer focused on premium and luxury residential projects in Vienna prime locations; directly comparable as a niche Austrian developer of high-end residential product with similar buyer profile to THE AMBASSY's AMBASSADOR tier.

Regional players

• Engel & Völkers: Global luxury real estate brokerage with a strong Vienna presence; comparable because it intermediates luxury residential transactions in Vienna's embassy/prestige districts and reaches the same UHNW buyer pool as THE AMBASSY's appointed agents.
• Sotheby's International Realty (Austria): International luxury real estate network active in Vienna prime markets; comparable because it serves the same ultra-high-net-worth and diplomatic buyer pool THE AMBASSY targets in the Botschaftsviertel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-ambassy

Revenue estimate

Valuation estimate

Number of profiles

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 THE AMBASSY