Office Market Report Vienna | Autumn 2019

Rent levels and vacancy rates

Development of rents 2012-2019

€ 30/sqm

€ 25/sqm

€ 20/sqm

€ 15/sqm

€ 10/sqm

€ 5/sqm

2012

2013

2014

2015

2016

2017

2018

2019

Prime rents

Standard locations

Quality locations Prime locations

Source: EHL Market Research | Q3 2019

Rental rates in Vienna office regions

€ 30/sqm

€ 25/sqm

€ 20/sqm

€ 15/sqm

€ 10/sqm

Southern Region Wienerberg

Inner city Surroundings

Hauptbahnhof Quartier Belvedere

Vienna DC Surroundings

Lassallestr. Messe Prater

Eastern Region Erdberg

Seestadt Aspern

Northern Region

Western Region

AirportCity Surroundings

Source: EHL Market Research | Q3 2019

Prime rents (in EUR/sqm per month)

Vacancy rates (in %)

115.4

10.2

London (West End)

Bucharest

70.8

10.2

Paris (CBD)

Milan

50.0

9.3

Milan

Madrid

44.0

8.5

Frankfurt

Warsaw

39.0

7.1

Frankfurt

Munich

37.0

6.7

Amsterdam

Berlin

35.8

6.3

Amsterdam

Budapest

35.5

4.8

Vienna

Madrid

25.5

4.0

Vienna

Prague

25.0

3.5

London (West End)

Budapest

24.0

2.2

Munich

Warsaw

23.0

1.7

Prague

Berlin

1.5

19.0

Paris (CBD)

Bucharest

Source: EHL Market Research | BNP Paribas Real Estate | Q3 2019

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