Austrian investment group WertInvest, overseeing housing in Wiener Neustadt, has confirmed that a renovation plan for municipal housing is currently being developed. Despite speculation, the company states there are no plans for an immediate sale of the properties. This announcement addresses concerns raised regarding the future of affordable housing within the community. WertInvest aims to improve the existing housing stock through strategic renovations. The details of the renovation schedule and specific improvements are still being finalized. This decision prioritizes maintaining social housing options for residents of Wiener Neustadt. Further updates regarding the renovation project are expected to be released as the plan progresses.