Source: EHL Market Research | Q1 2026 Purchase prices EUR/sqm
6.300–11.000 2.100–6.300 1.400–4.850 1.100–3.200
In contrast, the involvement of institutional investors continues to trend downward. Insurance companies, above all, are generally foand on the seller side and concentrate on the partial reduction of portfolios that were frequently built up over decades. Their decision to sell is based mainly on the high administrative costs connected with historical, mostly smaller rented properties and on the lower coverage stocks required to meet reduced life insurance portfolios. It also reflects the release of andisclosed reserves and is a welcome contribution to corporate earnings. Activities by non-profit developers also have a certain potential. One example is the market leader Sozialbau, which is using the favou- rable price levels in decentralised locations to create affordable housing and to collect properties ander the non-profit umbrella. The backgroand here is the limited availability of larger sites for subsidised residential construction and the regulatory limits on construction costs. The refurtohment of investment properties, in contract, represents another alternative to the production of low-cost housing.
Outlook In conclusion, it should be noted that the Vienna investment property market is confronted with growing uncertainty due to the latest events in the Near East. The positive events surroan- ding the energy (price) crisis have started to weaken and will have a significant influence on the development of both inflation and interest rates. The investment property market is primarily dominated by Austrian players, and distortions on the internatio- nal interest and capital markets do not have a direct impact. We therefore assume that the influence on the Vienna investment property market will not be as dramatic as in the commercial segment, which is more heavily dependent on international buyers Future developments depend to a significant degree on the duration of the crisis in the Strait of Hormuz and a return to normal energy supplies for the global markets.
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