MIPIM 2019 (24.1 MB)

Investing in Austria
2 or the Forum Donaustadt are ready to be
occupied," said Ridder. After the record year
2018, the existing vacancies should fill up
quickly this year with the completion of some
major projects. Rising office rents are quite
possible, especially if an international major
tenant is looking for space. The yield for offices,
like that for apartments, is just over three
percent, while specialist shops have a yield
of 5.5 percent. The new Buwog headquarters
in Rathausstraße 1 will be completed in
2019. Silo Plus, HoHo, Haus am Schottentor,
The Silo extension "Silo Plus" of Immorent
in Liesing are on the list of Viennese office
real estate brokers for 2019, as are the HoHo
in Seestadt (Cetus/ Kerbler Holding) and the
InnoPlaza of the S+B Group in Meidling. The
"Haus am Schottentor" should also be occupied
next year, and the first expansion of the
Seestadt Technology Centre should also be
completed. Compared to 2018, which saw
around 260,000 square meters of new space,
this will be quite a turning point in the statistics;
but if The Brick on the Wienerberg is
completed in 2019 instead of 2020, then the
completion statistics will show that around
25,000 square meters will move up from
2020 to 2019. n
"The low completion rate in
2019 will be a challenge for
office tenants looking for
large interconnected spaces."
Andreas Ridder,
CBRE Austria & CEE
Selected Lettings 2018
TENANT SIZE PROPERTY
Volksbank 14.300 sqm 1030, Dietrichgasse 17-25
Austro Control 12.700 sqm 1030, Austro Tower, Schnirchgasse 17
Asfinag 9.400 sqm 1030, Austro Tower, Schnirchgasse 17
Spaces 8.700 sqm 1010, Haus am Schottentor, Schottengasse 6-8
Spaces 8.000 sqm 1190, Square Plus, Leopold-Ungar-Platz 2-3
RHI 7.600 sqm 1120, Euro Plaza 6, Kranichberggasse 6
Wiener Wohnen 6.500 sqm 1030, Erdbergstraße 200
Spaces
5.000 sqm
1100, Euro Plaza 6, Gertrude-Fröhlich-Sandner-
Straße 3
Talent Garden 4.900 sqm 1090, Liechtensteinstraße 111-115
Rewe 4.200 sqm 1120, Euro Plaza 4, Am Euro Platz 2
A1 Telekom 4.000 sqm 1220, Andromeda Tower, Donau-City-Straße 6
Uniqa 3.800 sqm 1020, Aspernbrückengasse 2
Kammer und Akademie der Wirtschaftstreuhänder 3.700 sqm 1100, QBC 2a, Wiedner Gürtel 5/Am Belvedere 10
Daikin Airconditioning 2.500 sqm 1230, Silo Plus, Lemböckgasse 57-59
Rexel Austria 2.400 sqm 1020, Austria Campus, Walcherstraße 1
Source: EHL Market Research | Q12019
TAKE-UP - BY OFFICE SUBMARKET
29 %
18 %
1 %
6 %
7 %
16 %
Rentals from 1,000 m² taken into account
Source: EHL Market Research / Q1 2019
10 %
13 %
Neu Marx | Erdberg
Wienerberg | Southern Region
Inner City and directly adjacent locations
Lassallestraße | Messe | Prater
Central Station | Quartier Belvedere
North Region
Vienna DC
Western Region
BY SECTOR
1%
3%
5%
25%
6%
12%
17%
15%
16%
Public sector
Serviced office
IT | High-Tech
Banks and insurances
Retail and services
Construction, real estate
Law firms and consultants
Educational and
training facilities
Pharma and health
32 ImmoFokus