Office Market Report Vienna | Spring 2024

Preface

Despite the economic downturn, the Vien- nese real estate market is recording stable demand for high-quality and sustainable office properties. This applies to both the rental and investment market. The primary decision-making criteria in the development of real estate strategies re- main quality and sustainability optimization. The mismatch between supply and demand in the high-end segment is being further exacerbated by the restrictive financing conditions of the banks and the resulting lack of new office space being created.

The cloudy economic outlook means that companies are adopting more cautious strategies and being even more thorough in their work when deciding on where to locate. In this turbulent market environ- ment, it is particularly challenging to make successful long-term decisions. Our EHL office specialists are on hand to give you the advice you need, with competence, experience and a sense of responsibility! We consider long-term customer relationships to be the best proof of the highest level of integrity.

Michael Ehlmaier FRICS

Franz Pöltl FRICS

Managing Partner EHL Immobilien GmbH

Managing Partner EHL Investment Consulting GmbH

Stefan Wernhart MRICS

Alexandra Bauer MRICS

Managing Director EHL Gewerbeimmobilien GmbH

Head of Office Agency EHL Gewerbeimmobilien GmbH

Vienna | Spring 2024

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