Office Market Report Vienna 2020

Rental prices and vacancy rates

Development of rents 2013 - 2020

€ 30/sqm

€ 25/sqm

€ 20/sqm

€ 15/sqm

€ 10/sqm

€ 5/sqm

2013

2014

2015

2016

2017

2018

2019

2020

Standard locations

Quality locations

Prime locations

Prime rents

Source: EHL Market Research | Q3 2020

Rental rates in Vienna office regions

€ 30/sqm

€ 25/sqm

€ 20/sqm

€ 15/sqm

€ 10/sqm

Inner city Surroundings

Southern Region Wienerberg

Northern Region

Western Region

AirportCity Surroundings

Lassallestr. Messe Prater

Eastern Region Erdberg

Seestadt Aspern

Vienna Donau City Surroundings

Main Railway Station Quartier Belvedere

Source: EHL Market Research | Q3 2020

Prime rents (EUR/sqm/month)

Vacancy rates (in %)

113.8

10.2 10.3

London (West End)

Milan

75.0

Paris (CBD)

Bucharest

50.0

8.2

Milan

Madrid

47.0

7.9

Frankfurt

Warsaw

39.5 40.0

7.3

Budapest

Berlin

6.9

Munich

Frankfurt

38.3

6.1

Prague

Amsterdam

36.3

5.7

Amsterdam

Madrid

4.7

25.5 25.0

Vienna

Vienna

3.8

London (West End)

Budapest

23.0 24.0

2.4

Munich

Warsaw

2.1

Paris (CBD)

Prague

19.0

1.9

Berlin

Bucharest

Rents in sqm per month, Source: EHL Market Research | BNP Paribas Real Estate | Q3 2020

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