The decision is made – new CEU campus being opened in Vienna

Vienna signed an agreement recently with Central European University about establishing a new campus, as the Austrian news agency APA reported on Monday. According to the document, a historic building will be rented by CEU for 99 years. The private university established by George Soros also pledged to preserve the building in its current proper status. 

According to HVG, the last step of completing the contract will be a discussion with the cultural, science and sports committee of Vienna.

The rental contract between the city of Vienna and the CEU is planned to be concluded by the end of September. If everything proceeds as planned, the new campus will begin to operate in the term of 2022/23. However, an in-between version is also included in the contract, which would make it possible for the university unit to be opened 3 years earlier than planned.

CEU has announced in March that they are planning to create a third campus after the ones in Budapest and New York.