Office Market Report Vienna 2020

Completions | Rentals

More high-quality refurbishments

properties will continue to increase in the coming years. Noteworthy examples are the “Quartier Lassalle“ with approximately 83,000 sqm near the Praterstern and the “Doppio Due“ with approximately 6,000 sqm in the 9th District, both of which will be completed in 2021/2022.

Completions will total roughly 160,000 sqm in 2020. Roughly 20% represent quality-based refurbishments like the Haus am Schottentor, the myhive office properties on the Wienerberg and in the Ungargasse as well as the top-renovated older buildings at Operngasse 6 and Walfischgasse 13. The importance of extensively modernised

Take-up by regions*

Completions 2020 | 2021

1 % •

3 % •

Property QBC 1+2

Size

Address

5%

36,000 sqm 10, Am Belvedere 10, Wiedner Gürtel 5

5%

Office Park 4

26,000 sqm 1300, Towerstrasse 19,000 sqm 10, Triester Strasse 89-91

7 %

The Brick

Bel & Main**

17,000 sqm 10, Arsenalstrasse / Canettistrasse 14,500 sqm 1, Schottengasse 6-8 11,000 sqm 14, Linzerstraße 225 10,000 sqm 10, Wienerbergstrasse 7-9 9,000 sqm 1, Rathausstrasse 1 7,000 sqm 3, Ungargasse 37 4,300 sqm 2, Perspektivstrasse 4 2,700 sqm 1, Walfischgasse 13 29,000 sqm 2, Lassallestrasse 1 28,000 sqm 3, Schnirchgasse 17 14,800 sqm 21, Siemensstrasse 87-89

7 %

Haus am Schottentor *, **

9 %

Allianz Campus**

63 %

myhive Wienerbergstrasse 7-9 *

Rathausstraße 1 ** myhive Ungargasse *

Lassallestrasse | Messe | Prater Inner City | Surroundings Northern Region Main Railway Station | Quartier Belvedere Eastern Region | Erdberg Western Region Southern Region | Wienerberg AirportCity Vienna | Surroundings

Prater Glacis **

Walfischgasse 13*;** Quartier Lassalle 1*

Austro Tower

Twenty One/Innovation Hub

Das Lebendige Haus *

9,000 sqm 1, Postgasse 8-10 7,000 sqm 3, Schnirchgasse 9+9a 6,000 sqm 9, Peregringasse 2-4 5,200 sqm 2, Stella-Klein-Löw-Weg 8 2,500 sqm 1, Schreyvogelgasse 2

TrIIIple

Doppio Due*

Take-up by sector*

Tribüne Viertel Zwei Schreyvogelgasse 2*

• 3%

2% •

2% •

Operngasse 6 *

2,000 sqm 1, Operngasse 6

4%

* Refurbishment **Owner-occupied

EHL Market Research | Q3 2020

5%

5 %

Rentals 2020 (selected examples)

9 %

70 %

Tenant

Size

Address

Public sector tenants Public sector tenants

54.000 sqm 2, Quartier Lassalle 2 10.300 sqm 2, Quartier Lassalle 1 4.900 sqm 13, Kai West 4.800 sqm 19, Square One 3.500 sqm 1, Hansenstrasse 3 2.000 sqm 3, Guglgasse 7-9 1.900 sqm 12, Euro Plaza 1.800 sqm 2, Austria Campus

Swietelsky AG

Public sector Pharma and health IT/ high-tech

AOP Orphan Pharmaceuticals AG

Republic of Austria Fonds Soziales Wien

Construction / real estate Attorneys and consultants Banking and insurance sector Trade and services Other

Jumio

Refurbed GmbH

Delta Holding GmbH

1.800 sqm 3, ViE

MSD Ges.m.b.H

1.800 sqm 10, The Icon Vienna 1.700 sqm 10, The Icon Vienna

Dynatrace Austria GmbH

*Take-up > 1,000 sqm included Source: EHL Market Research | Q3 2020

Quelle: EHL Market Research | Q3 2020

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