Office Market Vienna 2021 - 2025
300,000 sqm
7 %
225,000 sqm
6 %
150,000 sqm
5 %
180,000
180,000
170,000*
170,000
165,000
126,000
111,000*
75,000 sqm
4 %
90,700
66,700
45,800
3.3 %
0
3 %
2021
2022
2023
2024
2025
*Forecast, Source: EHL Market Research | Q1 2025
Production of new space in sqm
Take-up in sqm
Vacancy rate
Market overview
Production of new space
111,000 sqm
Office supply
Total market**
VRF***
Take-up*
170,000 sqm
Office space
11,753,300 sqm 5,812,939 sqm
Vacancy rate
3.3 %
Vacancy rate
3.3 %
3.77 %
Prime yields
5.0 %
*
Forecast
** All indicators are based on the total market (old and new buildings), unless indicated otherwise *** Acc. to Vienna Research Forum, www.viennaresearchforum
Prime rets EUR/sqm/month
28.50 €
Increasing
Slightly increasing
Stable
Slightly decreasing
Decreasing
Source: EHL Market Research | Q1 2025
Vienna | Spring 2025
05
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