Real Estate and Urban District Developer, Value One, becomes Partner to Plug and Play’s Innovation Platform

    The Vienna-based developer of Viertel Zwei, becomes a partner in Plug and Play and includes cooperation with young startup companies in its corporate strategy. In doing so, Value One is setting an example for innovation as a solution to current economic hurdles and enters the second half of the year with vision and new approaches.

    VIENNA, AUSTRIA, August 17, 2020 - As a translator of social mega trends in built environments, real estate developer Value One has decided to enter into a partnership with the US-based Plug and Play - the largest innovation platform to date with over 30 locations worldwide. Located at Vienna International Airport since 2019, the new Austrian location links players in the smart cities sector with start-up technologies from around the world. 

    "Value One questions convention, observes the constantly changing social trends and translates them into spaces to live in. This is why we are particularly proud to announce our partnership with the international innovation center Plug and Play. We look forward to working with the most innovative startups worldwide to develop technologies that enable us to create spaces for our customers that are not only connected and sustainable, but also improve their quality of life," explains Sabine Müller, Chief Innovation & Marketing Officer, Value One.          

    The goal of the new partnership is to access the international startup ecosystem as well as the Plug and Play’s partner network in Vienna, Europe, America, and Asia to detect and implement the most innovative technologies in an early stage of project development.

    "Plug and Play is thrilled, honored, and proud to work with Value One and to support them in presenting themselves as one of the most innovative real estate developers on the international stage. Our ultimate goal is to attract the most disruptive talents from around the world to support Value One's vision to create the new normality with its key values,” Renée Wagner, Managing Director of Plug and Play Austria GmbH.

    The focus topics of the new partnership include above all technologies in the field of:

    •   Climate change and how to achieve positive climate-sensitive effects in the development of real estate or urban districts 
    •   Digitization and intelligent networking of neighborhood, property, and people to operate energy-efficient buildings and strengthen the community. In the spirit of simply the good - we create living spaces where people can develop in the best possible way. In the spirit of simply the good - we shape spaces beyond walls where people can be their best.

    The new partnership increases the international perception of Austria as an innovative interface between Central and Eastern Europe. In addition to Value One, among others VIG, Vienna International Airport and the Vienna Business Agency are strengthening the location to bring the most saught after startup technologies from around the world to Vienna. Further partners from Central and Eastern Europe are expected to join the rapidly growing location in the second half of the year.

    About Value One

    Value One, headquartered in Vienna, develops and operates extraordinary real estate and city districts that are a joy to live in. More than 160 employees work in the three divisions Development, Operations and Investment to realize our visions. Over the past 20 years, Value One has realized outstanding real estate valued at around two billion euros. By 2024, more than 15,000 people will live and work in our properties. The Vienna urban development area Viertel Zwei Wien and its premium student apartments of MILESTONE throughout Europe are just two examples of the new standards Value One is setting.

    About Plug and Play

    Plug and Play is the world’s largest innovation platform. Headquartered in Silicon Valley, it has built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, the programs have expanded worldwide to include a presence in over 30 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 30,000 startups and 400 official corporate partners, PnP has created the ultimate startup ecosystem in many industries across the globe. Plug and Play provides active investments with 200 leading Silicon Valley VCs, and host more than 800 networking events per year. Companies in the community have raised over $9 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, and PayPal. For more information, visit