Viennese office leasing market benefits from expansion of flexible office suppliers

  • Office take-up in H1 2018 increased by around 41% to ca. 123,000 sq m in comparison to H1 2017
  • Completions with around 172,000 sq m in H1 2018
  • Vacancy rate remained stable at around 4.9% in H1 2018
  • Prime rent for Viennese offices slightly decreased in H1 2018 to ca. €25.50/sq m/month