Rentals
Rental market in the prime locations
At approximately 90,700 sqm, the completion rate will remain subdued in 2024, meaning that the vacancy rate will continue to fall and is currently at a very low level of 3.4%. With the exception of Paris, this is a historic low that we have not seen in any other European metropolis. This will lead to further increases in rents and falling incentive rates in the locations that are in particularly high demand.
Rentals 2024 (selected examples)
Tenant
Address
Size
European Handball Federation
1030; Baumgasse 60A
6.000 sqm
Canon Österreich
1120; EURO PLAZA
4.500 sqm
University
1020; Lassallestrasse 3
2.800 sqm
Bernard Gruppe
1020; E-Zone
2.200 sqm
Cellectric Biosciences
1210; Central Hub
1.800 sqm
Ivoclar Vivadent GmbH
1090; FRANCIS
1.600 sqm
Public institution
1070; Mariahilferstrasse 116
1.200 sqm
AON
1090; FRANCIS
1.000 sqm
EHL provided consulting services to tenants and/or lessors.
Source: EHL Market Research | Q1 2024
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Office Market Report
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