PROBIS
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City Park Vienna
Vienna, Austria
·
Mix
Project

Investor reporting, without a reporting cycle.

An urban logistics and light-industrial park with office space, designed with sustainability in mind (geothermal, PV, solar thermal; aiming for DGNB Platinum certification).

City Park Vienna · Manage view

PROBIS Manage · indicative figures
  • ~40,000 m² of leasablespace, Buildings 3 through 5
  • EUR 70MTotalinvestment
  • 3 PhasesStarting in Q1 2024
ModulesUsed for
ManagePortfolio management and early warnings
ControlEstimated time to completion
CalculateCost estimates and benchmarks

These are indicative figures only, based on published project information. They are not actual PROBIS project data.

Overview
Invoices
Exam
Approval
Costs
Report
Available space, Buildings 3 through 5
~40,000 m²
Total investment
EUR 70M
Phases from Q1 2024
3
City Park Vienna
City Park Vienna
Incoming invoices
New
RE-2026-0418
Rohbau Nord GmbH · PDF
Contract
300.01 Structural Work
Large amount
184,200.00 €
Service period
09/2026
✓ Data detected
→ Assigned to a contract
Cash-out plan
Plan · Actual · Outflow
2017
2019
2021
2023
2026
Costs
Nuveen
Client
Manage
Control
Calculate
The project

The project, by the numbers.

An urban logistics and light-industrial park with office space, designed with sustainability in mind (geothermal, PV, solar thermal; aiming for DGNB Platinum certification).

An urban logistics and light-industrial park with office space, designed with sustainability in mind (geothermal, PV, solar thermal; targeting DGNB Platinum certification). Automated control of fund usage and an AI-generated monitoring report replace manual investor reporting, ensuring that committed, drawn, and forecasted costs remain visible against the budget.

Location
Vienna, Austria
Timeframe
2020
–
2024
Asset class
Mix
Scope
Automated monitoring of fund usage and an AI-generated monitoring report to replace manual investor reporting.
Client
Nuveen
  • ~40,000 m² of leasable space, Buildings 3 through 5
  • EUR 70M Total investment
  • 3 Phases Starting in Q1 2024
On the platform

The modules behind this project.

The PROBIS modules used in this project, shown on sample screens with demo data.

Manage
Ongoing asset and facility management once the project is operational.
Control
Forecast and actual figures are reconciled continuously, line item by line item.
Calculate
Cost calculation based on quantity surveying, starting from the earliest planning stage.
app.prob.is/projects/
city-park-vienna

City Park Vienna · Manage view

PROBIS Manage · indicative figures
  • ~40,000 m² of leasablespace, Buildings 3 through 5
  • EUR 70MTotalinvestment
  • 3 PhasesStarting in Q1 2024
ModulesUsed for
ManagePortfolio management and early warnings
ControlEstimated time to completion
CalculateCost estimates and benchmarks

These are indicative figures only, based on published project information. They are not actual PROBIS project data.

app.prop.is/projects/northwind-yards

Northwind Yards · Cost Estimate vs. Benchmark

PROBIS Calculate · Demo Data
  • $3,480 persquare meter of gross floor area
  • $3,410 Benchmarkmedian
  • 312 CostItems
  • 18Comparables
Cost GroupEstimateMedianStatus
Shell & Core$38.2M$37.6MWithin range
Facade$14.6M$13.4MAbove the median
MEP$27.9M$27.1MWithin range
Fit-out$16.4 million$16.9MWithin range

Estimated at $104.5 million, based on a comparison with 18 similar projects. Illustrative screen with fictional demo data.

Manage
Control
Calculate
The client
Nuveen

Nuveen Real Estate is the property arm of Nuveen, the investment manager of TIAA, running debt and equity strategies across global markets.

View client

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