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A PPP project involving construction, financing and maintenance of access
With the completion of the building shell, a significant milestone was achieved in the new construction of the elementary educational institution “bafep21” in Vienna’s 21st district. The project is being carried out by a consortium consisting of Apleona Austria GmbH, RBI Leasing GmbH and HABAU Hoch- und Tiefbaugesellschaft m.b.H. within the framework of a PPP (Public Private Partnership) model on behalf of the City of Vienna. On 16 September, the consortium held a topping-out ceremony together with the client and representatives of politics at Schloßhofer Straße / Freytaggasse. The start of school operations is anticipated for autumn 2026, with overall completion planned for 2027.
The HABAU GROUP is responsible for the realisation of the construction. Apleona is in charge of setting up the technical building equipment incl. interior furnishings and the 25-year operational management. Financing and structuring of the PPP project are being undertaken by Raiffeisen-Leasing in collaboration with Raiffeisen Bank International.
Bettina Emmerling, deputy mayor of Vienna and Education Councillor: “Elementary educators make a meaningful and socially valuable contribution towards our society. The quality and capacity of the location are being considerably increased, meaning that in future, up to 1,000 pupils and students will be able to be taught at this location each year. Thanks to the linking of the school and practice kindergarten, the theory that is learned can be put straight into practice!”
Kathrin Gaál, deputy mayor of Vienna and Housing Councillor: “New education facilities are investments in the future of our children and our city. This applies to the construction of schools as well as to the renovation of existing school locations. Being fit for the future also means finding new sustainable solutions – for the energy supply of buildings, for example. At bafep21, this has been achieved via heat pumps with depth probes, which will ensure a pleasant indoor climate all year round.”
Georg Papai, district leader of Floridsdorf: “The field of elementary education is subject to constant change. The requirements are growing, and of course these increasing demands must be met. The foundation for this is the best possible education of our teachers, which is only possible when the surroundings are also adequately equipped. I’m very pleased that the established location of Floridsdorf is expanding its capacity with this forward-looking new construction that is planned!”
Thomas Winter, CEO of Apleona Austria GmbH: “With the achievement of the topping out, we’re sending a powerful message for progress and reliability. The bafep21 isn’t just growing in terms of the building itself, but also as a symbol for future-oriented education. At Apleona Austria GmbH, we’re proud to be creating an environment, together with our partners, that blends innovation, sustainability and quality – today and for the generations to come.”
Hubert Wetschnig, CEO HABAU GROUP: “The project ‘bafep21’ shows how innovative construction, sustainability and modern architecture go hand in hand. The topping out is a significant milestone on the path to a future-oriented education institution for the City of Vienna. We’re proud to be able to demonstrate our many years of expertise with this project, and would like to thank our project partners and our client for the professional, partnership-based cooperation.”
Harald Kröger, head of the area “Group Structured Finance & Investment Banking” at Raiffeisen Bank International: “Floridsdorf is seeing the emergence of an educational institution that is a shining example: financially feasible, professionally developed and optimised to the life cycle. This is made possible by PPP models – and the experience of Raiffeisen-Leasing and RBI, which provide capital as partners in complex and customised real estate financing. We’d like to thank the City of Vienna along with our partners Apleona and HABAU for the excellent cooperation.”
Facts and figures: the elementary education institution
The new construction will predominantly be erected on the existing 13,000-square-metre open space of the former education institution from 1978, while parts of the old location at the Patrizigasse will continue to be used. The architecture adjacent to the road merges with the intersection harmoniously, establishes free spaces protected against noise and traffic and links the education centre and practice kindergarten via short routes and open views to create a functional unit.
For the shell, a total of almost 1,000 finished facade parts were installed, which were prefabricated with windows and solar protection and the colour details completed at the HABAU prefab plant in Perg. This method enabled a particularly short shell construction time of just twelve months.
In future, the new training institute will encompass a total of 35 classes as well as a practice kindergarten for ten groups. Generous open areas and around 2,000 square metres of terraces provide space for encounters, playing and learning. Moreover, a ceremonial hall with space for 250 people is being established as an event venue. In future, a photovoltaic system covering 860 square metres will provide sustainable energy. Heating and cooling will take place via heat pumps fed by geothermal probes, controlling the temperature of the building in a sustainable manner.
With the shell complete, work is now focused on interior construction, which is already in full swing. The new school is anticipated to be put into operation in August 2026, with overall completion scheduled for 2027.
