BUWOG managing directors Andreas Holler and Kevin Töpfer.

Start of construction for seven new projects with 1,516 residential units in Austria
Completion of 454 residential units
Growth through new construction and portfolio acquisitions
Development of customer experience through even greater innovation and transparency

Last year, BUWOG was one of the first property developers to hit the ground running again in the area of project development and also set new standards in portfolio management. The company will continue on this trajectory in 2026, as both BUWOG managing directors, Andreas Holler and Kevin Töpfer, see potential in every area: “Although the political as well as economic conditions are (still) not ideal, we view it as our responsibility as a property developer to resume our construction activities on a large scale – this will enable us to actively counter the impending housing shortage,” Andreas Holler says. “We are also confident that market conditions will continue to improve.”

Kevin Töpfer adds: “We have made intensive use of the last few years to develop further and optimise our products and services. This progress is a particular advantage for our customers, who benefit from greater transparency and efficiency and, of course, from new services.”

New BUWOG construction projects ease the pressure on the residential market

“We are in the unusual position of being able to commence construction on a total of seven new projects in Austria this year. This will result in approximately 1,340 new apartments being built in the coming years,” Andreas Holler explains. In addition, approximately 3,600 further residential units are in preparation or planning. “The latest figures show that significantly fewer apartments are being completed than the market needs – and this situation will become even more acute in the next few years. In this respect, every building permit, every successful rezoning and, above all, every completed project is a relief for the housing market and all those seeking a place to live.”

The construction launches in 2026 include the Lange Allee and Wagramer Straße projects (both 1220), a project at Augarten (1020), on Forsthausgasse (1200), at Laaer Berg (1100), in Schwechat, and the second construction phase of the Südtiroler development in Salzburg.

Moreover, a total of 454 apartments will be completed in Austria this year: with Drygalski (1210), MyTurn (1150), the first construction phase of the Südtiroler development, and viéno in Vösendorf, BUWOG is offering a wide range of new rental apartments and condominiums.

Growth through portfolio acquisitions

“As a company, we are pursuing the goal of further expanding and strengthening our market position. We are achieving this on the one hand through a significant volume of new construction, but also through the strategic acquisition of existing properties, which also improves the energy efficiency of our portfolio,” Kevin Töpfer explains. In relation to this, BUWOG’s course of growth is also confirmed by the recent acquisition of an existing property in Graz: built in 2018, the property in the Eggenberg district comprises 108 privately financed rental apartments, a kindergarten and 85 parking spaces. Among the compelling factors for the purchase were the energy efficiency class HWB (residential) B including district heating supply, good local infrastructure and the immediate proximity to the Johanneum University of Applied Sciences and Graz Central Station. The seller was ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. “In Graz, there is increased demand for rental apartments and condominiums, which is mainly due to population growth of around four percent per year,” Kevin Töpfer says. “In general, we are always open to interesting opportunities to expand and enhance our property portfolio and will continue to take advantage of any opportunities that arise in 2026 – particularly if they involve climate-friendly properties in an attractive market environment with potential for growth.”
With the acquisition in Graz, BUWOG is also taking over the management mandate for the residential complex, thereby expanding its customer base in this area of business.

Expanded range of services for customers & development of the full-service package

The growth of the customer base also entails the expansion of BUWOG’s range of services. First and foremost, the aim is to enhance efficiency and transparency by increasing the level of digitalisation. In addition, the customer experience is to be further optimised through continuous development of the “My BUWOG” customer app.

The full-service package, which is aimed at institutional investors and private owners, is also set to be expanded further. The previously linked areas of property management, brokerage services and skilled trades can now also be commissioned independently of one another, offering potential customers an even more flexible service, as Kevin Töpfer points out: “We are delighted to now be able to offer some of our services to all apartment owners and tenants, and even to external property management companies. This will enable even more customers to benefit from BUWOG’s knowledge and expertise in the future. We also plan to gradually extend this offer to all services, thereby opening up full access to every customer group.” This step perfectly caps off BUWOG’s range of services and enables us to tap into new target and customer groups: “Whether someone owns one or more apartments, an apartment building or an entire portfolio, and perhaps also manages it, our modular services allow us to respond to all needs on an individual basis. We handle every service from acquisitions, re-letting, management and any necessary refurbishment measures to possible resale at a later date, thereby strengthening BUWOG’s position as a full-service provider on the Austrian residential property market.”