Office Market Report Vienna | Spring 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 Guertel 49+51

9,000 sqm

Favoritenstrasse 73-75

1100; Favoritenstrasse 73-75

6,800 sqm

Technologiezentrum Seestadt, TZ 3

1220; Seestadtstrasse 27

4,600 sqm

Source: EHL Market Research | Q1 2024

Vacancy rates in European comparison (in %)

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

Bucharest

14.9

London (Central + West End)

155.2

Budapest

13.4

Paris (Central + CBD)

88.9

10.4

Warsaw

Milan

57.5

Paris (Central)

10.0

Frankfurt

49.0 49.0

Munich

Madrid

9,9

Frankfurt

9.5

Berlin

45.0

Milan

9.5

Amsterdam

44.6

London (Central)

9.5

Madrid

40.0

Prague

7.2

Warsaw

29.0

Amsterdam

6.7

Prague

28.5

Munich

6.3

Vienna

28.0

London (West End)

6.0

Budapest

26.3

Berlin

4.1

Bucharest

20.5

Vienna

3.4

Paris (CBD)

2.4

Source: EHL Market Research | BNP Paribas Real Estate | Q1 2024

Vienna | Spring 2024

07

Powered by