Office Market Report Vienna | Autumn 2024

Completions 2024

Property

Address

Size

FRANCIS

1090; Julius-Tandler-Platz 3

47,700 sqm

GRAND CENTRAL

1210; Schlosshoferstrasse 17

12,500 sqm

ROBIN Seestadt

1220; Sonnenallee 28-30

10,100 sqm

DOCKS | VILLAGE IM DRITTEN

1030; Landstrasser Gürtel 49+51

9,000 sqm

Favoritenstrasse 73-75

1100; Favoritenstrase 73-75

6,800 sqm

Technologiezentrum Seestadt, TZ 3

1220; Seestadtstrase 27

4,600 sqm

Source: EHL Market Research | Q3 2024

Vacancy rates in European comparison (in %)

Prime rents in European comparison comparison (in EUR/sqm/month)

Budapest

13.9

London (Central + West End)

168.2

Bucharest

13.4

Paris (Central + CBD)

91.7

10.9

Warsaw

Milan

58.3

Paris (Central)

10.8

Munich

52.0

Frankfurt

49.0

Frankfurt

10.5

Madrid

9.9

Amsterdam

46.3

London (Central)

9.6

Berlin

45.0

Prague

7.9

Madrid

41.3

London (West End)

7.2

Warsaw

30.0

Munich

6.7

Prague

28.5

Milan

6.7

Vienna

28.0

Berlin

6.5

Budapest

22.5

Amsterdam

6.5

Bucharest

20.5

Vienna

3.3

Paris (CBD)

2.7

Source: EHL Market Research | BNP Paribas Real Estate | Q2 2024

Vienna | Autumn 2024

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