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Investing in Austria<br />

1<br />

<strong>2023</strong> will definitely be a challenging year for the real estate industry; personally, I am<br />

optimistic! Interest rate developments and inflationary events have put the brakes<br />

on market activity - and further interest rate steps are expected. Adjustments to this<br />

situation will still take some time and therefore the question of favorite asset classes<br />

cannot be answered with any certainty at the moment.<br />

Astrid Grantner-Fuchs,<br />

EHL Immobilien Bewertung<br />

4<br />

2<br />

The changed interest rate environment<br />

with all the associated developments<br />

is undoubtedly the key challenge - in<br />

addition to real estate investments, other<br />

investments have also become more<br />

attractive again, and the capital market is<br />

reorienting itself accordingly.<br />

Rising interest rates, the development of inflation<br />

with increasing prices in all possible areas of life<br />

and a continuing tense geopolitical situation will<br />

continue to occupy us and harbor imponderables<br />

and uncertainty - and this affects those actively<br />

involved in the industry as well as the consumers<br />

or final users.<br />

3<br />

A mindset that is forward-oriented and<br />

less nostalgic about the past - hoping that<br />

“things will go back to the way they were” is<br />

definitely too simplistic.<br />

5<br />

As the Austrian market leader in real<br />

estate valuation, we want to continue to<br />

be a reliable partner for our customers,<br />

especially in such challenging times.<br />

We will maintain our solid growth<br />

course of the past years and see<br />

ongoing training and qualification of<br />

our team as an essential requirement.<br />

In addition, our proximity to the<br />

market helps us even more now to<br />

provide well-founded valuations.<br />

72 ImmoFokus

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