Office Market Report Vienna | Autumn 2022

Rental prices and vacancy rates

Development of rents 2018 - 2022

€ 30/sqm

€ 25/sqm

€ 20/sqm

€ 15/sqm

€ 10/sqm

€ 5/sqm

2020

2021

2022

2018

2019

Source: EHL Market Research | Q3 2022

Prime rents

Standard locations

Quality locations

Prime locations

Rental rates in Vienna office regions

€ 30/sqm

€ 25/sqm

€ 20/sqm

€ 15/sqm

€ 10/sqm

Southern Region Wienerberg

Inner city Surroundings

Main Railway Station Quartier Belvedere

Vienna Donau City Surroundings

Lassallestr. Messe Prater

Eastern Region Erdberg

Seestadt Aspern

Northern Region

Western Region

Airport City Surroundings

Source: EHL Market Research | Q3 2022

Prime rents (in EUR/sqm/mth.)

Vacancy rates (in %)

137.5

13.2

London (West End)

Bucharest

80.0

11.9

Paris (CBD)

Warsaw

54.2

10.0

Milan

Milan

Frankfurt

47.0

9.8 9.9

Madrid

43.0 43.0

Berlin

Budapest

8.9 8.8

London (Central) Frankfurt

Munich

40.4

8,4

Amsterdam

36.5

8.4

Madrid

Prague

26.0 26.0 25.5 26.0

6.3

Amsterdam

Budapest

5.3

London (West End)

Vienna

4.3 4.1

Munich

Warsaw

Prague

Vienna

19.0

3.2

Bucharest

Berlin

2.8

Paris (CBD)

Source: EHL Market Research | BNP Paribas Real Estate | Q3 2022

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