Office Market Report Vienna | Autumn 2022

Introduction

The Vienna office market has once again proven its legendary stability in economically challenging times. The influence of ESG guidelines is also visible through a further strengthening of the trend towards sustainability and quality. Innovation, flexibility and sustainability have become key focal points for location decisions, not only by investors and project developers but also for renters and tenants. Uncertainty has been fuelled by the developments surrounding the war in Ukraine combined with rising construction costs and continuing high

inflation. These factors, in turn, have led many companies to place planned real estate decisions on hold – at least for the time being. However, we are optimistic that the situation will generally stabilise by the end of the year and postponed orders will be reactivated. In this turbulent market environment, decisions that prove successful over the long-term are particularly important. Our EHL office specialists are committed to helping you develop a sustainable and individual real estate strategy.

Franz Pöltl FRICS Managing Partner EHL Investment Consulting GmbH

Michael Ehlmaier FRICS Managing Partner EHL Immobilien GmbH

Stefan Wernhart MRICS Managing Director EHL Gewerbeimmobilien GmbH

Alexandra Bauer MRICS Head of Office Agency EHL Gewerbeimmobilien GmbH

Andrea Dissauer MRICS Managing Director EHL Immobilien Management GmbH

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