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Focus on quality and sustainability stronger than ever
In a challenging economic environment, companies are currently examining and exploring the market very carefully, so decision-making processes are taking longer than they did two to three years ago. Energy efficiency, sustainability and the feel-good factor are the main drivers for current location requests. ESG requirements are giving this trend an additional boost. At a time when there is a shortage of skilled workers, a high-quality furnished office plays a key role in recruiting and retaining employees as a communicative focal point of the corporate culture. In terms of ESG requirements, employers are also more concerned than ever to offer their employees an innovative and pleasant working environment. Smaller but better is currently the motto of many location requests. While the demands on the quality and location of the building are increasing, the amount of office space required per employee is in many cases decreasing due to flexible and hybrid forms of working.
Project developers are responding to this development by planning and building particularly sustainable and flexible office properties. This year, for example, the modern new buildings Vio Plaza (approx. 22,000 sqm) and Muthgasse 109A (approx. 3,300 sqm) as well as the striking URBAN GARDEN refurbishment in myhive on Wienerberg (approx. 15,000 sqm) will be completed. The occupancy rate of the 2023 projects is 85 % on average. In the next two years, other high-quality new buildings will be completed, such as FRANCIS in the Althan Quarter (approx. 47,700 sqm), Grand Central in Floridsdorf (approx. 12,500 sqm), CARRÉ Muthgasse (approx. 13,000 sqm) and ROBIN Seestadt (approx. 10,000 sqm) in Aspern. All of the above-mentioned projects already have pre-letting rates of at least 30 %.
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