Graz building site corpse identified

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General News

A man found dead at a building site was a homeless person who died from serious head injuries sustained in a fall, police in Graz have said.The body was discovered by a businessman who was interested in setting up an office on the site. Officials announced today (Thurs) that the dead person was a homeless […]

Government to compensate Fritzl family

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General News

The Austrian government has finally decided to compensate the victims of incest monster Josef Fritzl, it has been reported.Reports in Viennese newspapers claim that the coalition of Social Democrats (SPÖ) and the People’s Party (ÖVP) will financially support Fritzl’s daughter Elisabeth and her six children based on the new victims of crimes law – more […]

New housing complex lacks access road

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General News

Incompetent real estate planners are in trouble after having built a new housing estate without a decent access road.The only street leading to the new 50-flat complex in Ebreichsdorf, Lower Austria, is a bumpy rural road, according to infuriated future tenants.Shocked tenants discovered that the planning company had failed to get permission to build a […]

Top tractor stolen from dealer

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General News

Police in Carinthia are investigating after an expensive tractor was nicked from a agricultural vehicle dealer’s estate last week.Officials in the southern province announced today (Thurs) the new Fendt Vario model had been taken between from the open air showroom in Grafenstein near Klagenfurt on the 6th or 7th October.They added the tractor was worth […]

Soaring interest in safe investments sends up flat prices

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Business

Flat prices jumped in “crisis year” 2009 as many see condominiums as a safe haven for their money, according to a business expert.Thomas Malloth, head of the Federal Economic Chamber’s (WKO) real estate department said today (Weds) the value of owner-occupied flats rose by 3.5 per cent from 2008 to 2009.”Strong demand, especially in conglomerations, […]

Signa buys Vienna’s IZD Tower

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Business

Signa Holding added another high-profile property to its portfolio this week as the real estate firm bought the IZD Tower in Vienna-Donaustadt.Signa boss Benko said yesterday (Weds) his company paid British fund Matrix 212.25 million Euros for the skyscraper located near Vienna International Centre. Matrix paid 247 million Euros when it acquired the building four […]

Cannabis factory found in Lower Austria

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General News

Two Viennese men are facing drug production charges after cops discovered 256 cannabis plants at an estate in Groß-Enzersdorf, Lower Austria.Police said today (Thurs) they had acted on a tip-off, adding it would have been possible to produce drugs worth 16,000 Euros from the confiscated plants.Officials explained the plants were kept at a storage hall […]