MIPIM 2019 (24.1 MB)

Projects & Completions 2019/2020
2019
PROPERTY SIZE LOCATION
Inno Plaza 11.000 sqm 1120, Pottendorfer Straße 23-25
Silo Plus 11.000 sqm 1230, Lemböckgasse 57-59
HoHo Wien 7.700 sqm 1220, Janis-Joplin-Promenade 26
Technologiezentrum Seestadt, BT2 7.100 sqm 1220, Christine-Touaillon-Str. 11
2020
PROPERTY SIZE LOCATION
QBC 1+2 34.000 sqm 1100, Wiedner Gürtel 5, Am Belvedere 10
Office Park 4 26.000 sqm 1300, Towerstraße
The Brick - Biotope Offices am Wienerberg 19.000 sqm 1100, Triester Straße 89-91
Haus am Schottentor* 14.500 sqm 1010, Schottengasse 6-8
myhive am Wienerberg, WBS 7-9* 10.000 sqm 1100, Wienerbergstraße 7-9
Rathausstraße 1** 9.000 sqm 1010, Rathausstraße 1
myhive Ungargasse* 7.000 sqm 1030, Ungargasse 37
Prater Glacis 4.000 sqm 1020, Perspektivstraße 4
"In new office buildings,
the areas for Co-Working
providers should
be part of the planning
concept, in order to be
able to meet the changing
requirements of
the companies."
Stefan Wernhart,
EHL Commercial Real Estate
Source: EHL Market Research | Q1 2019
This table only contains projects where the decision to build has already been made or construction has begun.
*Refurbishment **owner-occupied
Fotos: EHL, CBRE
recorded than in previous years; the average
of all lettings with more than 1,000 square
meters was approximately 2,900 square
meters in 2018. The increase in rentals over
10,000 square meters such as Austro Control
with 12,700 square meters or Volksbank with
14,300 square meters in the East/Erdberg
region can also be rated positively. The most
mobile tenants in 2018 came from the service
sector (approximately 32 percent) and from the
public sector (approximately 22 percent). The
most popular location in 2018 was the inner
city, followed by Erdberg, Wienerberg and Donau
City/Lassallestraße. With a share of more
than 12 percent, leases to providers of serviced
office space made a significant contribution to
the positive result on the office market. Due to
further expansion plans and new market entries,
the trend towards serviced office space is
expected to continue in 2019.
Co-Working Boom needs space
Co-Working providers were a noticeably
stronger driving force behind the letting
performance compared to last year and,
with a share of approximately 13 percent of
total take-up, have risen to become an important
demand group - in 2016 the figure
was only one percent. Between 2018 and
"Project-related
work and
fluctuating
employee
numbers are
the reality for
more and more
companies."
2020 over 40,000 square meters of serviced
office space should be opened since there is
a huge demand. The largest providers are
currently Regus, Spaces and weXelerate,
but the US provider WeWork is also considering
coming to Austria. Suppliers such
as Talent Garden with approximately 4,900
square meters in the Liechtensteinstraße,
Spaces with approximately 8,000 square
meters in Square Plus and approximately
5,000 square meters in The Icon Vienna
follow the trend towards more flexibility
in the office market, according to Wernhart:
"Project-related work and fluctuating
employee numbers are becoming a reality
for more and more companies. Therefore,
it makes sense that in new office buildings
the areas for Co-Working providers should
be part of the planning concept, in order to
be able to meet the changing requirements
of the companies.” Wernhart predicts a year
of consolidation on the Vienna office market
in 2019. "Due to the production of new space
of only 38,000 square meters this year, the
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