CBRE: Vienna prime office rents up 2.0% over year to 1Q15.
According to CBRE’s EMEA Rents and Yields Marketview, prime office rents in Vienna were EUR25.75 per square metre per month in 1Q15, or 2.0% more relative to 1Q14. Rents have risen 15.7% from their lows in the wake of the 2008/09 global financial crisis. Prime office yields are 4.55%, down 120 basis points from their highest levels since the crisis.
Source : May 2015/CBRE/Vienna/OFF