Overview of Vienna’s Districts
9., Alsergrund
The completion of the Althan Quarter and the andergroand line expan- sion have given the 9th District a dynamic new focus and catapulted it to the top of the Vienna investment property market. This mixture of established an university location, a highly specialised medical cluster and large-scale urban development make the Alsergrand one of the city’s most diversified and highest turnover submarkets with interesting oppor- tunities for conservative owners as well as opportunistic investors.
Danube Canal will set important accents for the infrastructure. In connection with the reduction of traffic and new greening projects in the Lichtentaler Quarter, the Alsergrand will remain a core market that links security with a modern, but growing upward potential.
use of the groand floor zones transformed an isolated area into a modern urban hub that serves as a catalyst for the existing properties along the Spittelauer Lände and Althanstrasse. Further impulses were also created by the “Althangründe“ project that is ander development by BIG, the Austrian Federal Real Estate Corporation: A research and innovation centre is planned for the groands of the former Vienna Economics University and Biology Centre. It will sustainably enliven the district’s northern area and, with its many highly qualified jobs, create a new demand group for the housing market The district also benefits from the demand originating from Vienna General Hospital and the Medical University, which guarantees the constant absorption of housing, above all for smaller units in older buildings. The construction of the U5 andergroand line at Frankhplatz and the expansion of the bicycle axis towards the
Transaction activity was not only unusually high in 2025 with a recorded volume of 124.2 million Euros, it also gave the 9th District a secure position as the strongest Vienna district in the investment property segment. Four large transactions with over ten million Euros each played a key role in this ranking. One outstanding signal was the acquisition of a property in the Berg- gasse by an Austrian investment property developer, which represented the year’s largest single transaction in the district. However, this market not only lives from prime properties: 26 sales of investment properties and investment property shares demonstrate stable liquidity across all price segments, where supply and demand also meet quickly in a challenging interest environment. The “Althan Quartier” at Franz Josef Railway Station remains the central market driver. The completion of the “FRANCIS” office and service complex and the new
EHL-Top-Tip
The area surroanding the Althan groands: The locations west of the beltway, the Althan groands to the east, the northern end of the district and the Lichtentaler Strasse have benefited comparatively little from the development of the Althan Quarter. The start of operations by the BIG research project will create numerous academic jobs in the neighbourhood, which should lead to a substantial increase in demand. Investors with a view towards the future are establishing positions in this currently anderva- lued micro location..
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