Office Market Report Vienna | Autumn 2021

Rental prices and vacancy rates

Development of rents 2011 - 2021

€ 30/sqm

€ 25/sqm

€ 20/sqm

€ 15/sqm

€ 10/sqm

€ 5/sqm

2014

2015

2016

2017

2018

2019

2020

2021

2011

2012

2013

Prime rents

Standard locations

Quality locations

Prime locations Source: EHL Market Research | Q3 2021

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 2021

Prime rents (in EUR/sqm/mth.)

Vacancy rates (in %)

117.1 Paris (CBD)

12.5

London (West End)

Warsaw

77.5

11.4

Bucharest

50.0

11.0

Milan

Milan

47.0

9.9

Frankfurt

Madrid

9.8

39.5 40.0

Berlin

Budapest

8.0

Frankfurt

Munich

38.3

7.8

Amsterdam

Prague

35.8

5.9

Madrid

Amsterdam

5.1

26.0 25.5

London (West End)

Budapest

4.5 4.4

Paris (CBD)

Vienna

23.0 23.0

Warsaw

Vienna

4.0

Munich

Prague

19.0

2.9

Bucharest

Berlin

Source: EHL Market Research | BNP Paribas Real Estate | Q3 2021

5

Powered by