Rental prices and vacancy rates
Development of rents 2019 - 2023
€ 30/sqm
€ 25/sqm
€ 20/sqm
€ 15/sqm
€ 10/sqm
€ 5/sqm
2021
2022
2023
2019
2020
Prime rents
Standard locations
Quality locations
Prime locations
Source: EHL Market Research | Q3 2023
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 2023
Prime rents (in EUR/sqm/mth.)
Vacancy rates (in %)
149.6
14.4
London (West End)
Bucharest
83.3
12.6
Paris (CBD)
Budapest
56.7
11.4
Warsaw
Milan
10.2
48.0 47.0
Frankfurt
Milan
9.9
Munich
Madrid
45.0
9.2
London (Central) Frankfurt
Berlin
42.5
8.7
8,4
Amsterdam
37.0
7.7
Prague
Madrid
28.0 27.5 26.3 27.0
6.4
Amsterdam
Prague
6.0
London (West End)
Vienna
5.0
Munich
Warsaw
3.9
Budapest
Berlin
3.6
20.0
Bucharest
Vienna
2.1
Paris (CBD)
Source: EHL Market Research | BNP Paribas Real Estate | Q3 2023
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