Completions | Rentals
High-quality refurbishments define the space offering
AThe production of new space will remain com- paratively low at roughly 82,000 sqm in 2021, whereby a substantial component of 45% will be created by high-quality revitalisation projects. The importance of modernised properties will conti- nue to increase over the coming years due to the limited vacant areas in established business clus-
ters. In addition, sublet space is taking on a more important role in Vienna. The long-term implemen- tation of remote and home office has helped a number of companies to substantially reduce their space requirements. This vacant space is, in part, returning to the market.
Take-up by regions*
Completions 2021
Property
Size Address
7 %
Austro Tower
28,000 sqm 3, Schnirchgasse 17 17,000 sqm 10, Canettistrasse 5 14,500 sqm 1, Schottengasse 6-8 9,000 sqm 1, Postgasse 8-10 6,000 sqm 9, Peregringasse 2-4 5,200 sqm 2, Stella-Klein-Löw-Weg 8
11 %
Tower Canettistraße 5 Haus am Schottentor * Das Lebendige Haus *
50 %
Doppio Due *
Tribüne Viertel Zwei *
32 %
Operngasse 6 *
2,000 sqm 1, Operngasse 6
* Refurbishment
Source: EHL Market Research | Q2 2021
Main Railway Station | Quartier Belvedere Southern Region | Wienerberg Eastern Region | Erdberg Other
Take-up by sectors*
Rentals 2021 (selected examples)
• 4%
4% •
Tentant Size Address Austrian Workers‘ Compensation Board AUVA 9,100 sqm 10, myhive am Wienerberg Public Employment Service Austria 5,500 sqm 10, Favoritenstrasse 73 Dedalus HealthCare GesmbH 2,400 sqm 10, QBC 1 Infoscore Austria GmbH 2,300 sqm 10, QBC 1+2 Weidinger & Partner Wirtschaftstrainings- und Organisationsentwicklungsgesellschaft mbH 2,200 sqm 3, Franzosengraben 1 Die Berater 2,000 sqm 12, Wolfganggasse 58-60 Australian Embassy 1,200 sqm 10, The Icon Vienna Ready2order GmbH 1,100 sqm 3, Hintere Zollamtsstrasse 17 Unzer Austria GmbH 1,000 sqm 10, 1100 Columbus Shops&Offices
5%
7%
9 %
55 %
16 %
Public sector Educational and trainings institutions IT | high-tech Pharma and health Other Trade and services Banking and insurance sector
Source: EHL Market Research | Q2 2021
*Take-up > 1,000 sqm included Source: EHL Market Research | Q2 2021
8
Powered by FlippingBook