Savills: Prime office rents in Vienna remain unchanged in 3Q15

Realopedia Global Real Estate Portal

In its latest (3Q15) Market Report on the European office sector, Savills noted that prime rents and secondary rents in Vienna were, respectively, EUR312 and EUR200 per square metre per year. Year-on-year growth in prime rentals has been 0% since 1Q15. Looking forward, Savills anticipates that take-up of office space will increase. Supply of new space is expected to remain stable. Prime rents are also expected to remain stable. In its report, Savills highlighted the low vacancy rate and the high quality of buildings available, many of which have LLED or BREEAM sustainability certificates.

Source : Savills/December 2015/City/OFF