Investment Property Report 2023

Contents

The Investment Property Market in Vienna

Overview of Vienna’s Districts

Introduction................................................Pg. 03 Awards.......................................................Pg. 04 The EHL Investment Property Specialists.....Pg. 06 Contents....................................................Pg. 07 The Vienna Investment Property Market at a Glance......................................................Pg. 08 Market Development in 2022/23.................Pg. 09 The Economic Environment......................... Pg. 10 Market Trends..............................................Pg. 11 The Housing Market.................................... Pg. 12 Commercial Space...................................... Pg. 13 Appraisals..................................................Pg. 14 Construction Management.......................... Pg. 16 Facility Management.................................... Pg. 19 Round Table: Sustainability..........................Pg. 20 References.................................................Pg. 24

1. District Innere Stadt..............................Pg. 26 2. | 20. District Leopoldstadt | Brigittenau.Pg. 28 3. District Landstraße...............................Pg. 30 4. District Wieden....................................Pg. 32 5. District Margareten..............................Pg. 34. 6. District Mariahilf...................................Pg. 36 7. District Neubau....................................Pg. 38 8. District Josefstadt................................Pg. 40 9. District Alsergrund................................Pg. 42 10. | 11. District Favoriten | Simmering........Pg. 44 12. District Meidling...................................Pg. 46 13. | 23. District Hietzing | Liesing...............Pg. 48 14. District Penzing.....................................Pg. 50 15. District Rudolfsheim-Fünfhaus..............Pg. 52 16. | 17. District Ottakring | Hernals.............Pg. 54 18. | 19. District Währing | Döbling...............Pg. 56 21. | 22. District Floridsdorf | Donaustadt...Pg. 58

Data Sources

The data for this EHL Investment Property Market Report was compiled by the EHL Research Department, in part with the use of basic data from IMMOunited, unless indicated otherwise. The average apartment rent by district was based on the data for new rentals in 2022 (first-time occupancy and rental of existing space) which are subject to the partial application of the Austrian Tenancy Act (“Mietrechtsgesetz”) for properties built after 1945. Other important data (demographic data, distribution of space in the districts, income, population forecasts) were supplied by Municipal Department 23 (Economics, Labour and Statistics) of the City of Vienna or drawn from the Statistical Yearbook of the City of Vienna, Issue 2023.