COMMERCIAL REAL ESTATE IN AUSTRIA
The commercial property market in Austria is characterized by stability, growth and a diverse range of investment opportunities. As one of the most economically stable countries in Europe, Austria offers a favourable environment for commercial real estate investment.
Vienna, the capital city, stands out as the primary hub for commercial property transactions. Its strategic location in the heart of Europe, coupled with its strong infrastructure, makes it an attractive destination for investors. Vienna's commercial property market encompasses a wide range of sectors, including office spaces, retail formats, industrial properties and hospitality establishments.
Office spaces in Vienna, particularly in prime locations like the Inner City Central Business District and Central Station command high rental rates due to strong demand from multinational corporations, financial institutions and ICT companies. The city's reputation as a centre for international organizations, such as the United Nations, Organisation for Security and Cooperation in Europe (OSCE), the Organisation of the Petroleum Exporting Countries (OPEC) and several non-governmental organisations (NGOs) further bolsters its appeal as a commercial real estate destination.
Retail properties in Austria also thrive, with shopping centres and high-street retail outlets experiencing steady demand from both domestic consumers and tourists. Popular shopping destinations like Mariahilfer Straße in Vienna attract retailers seeking to capitalize on Austria's strong purchasing power and growing tourism industry.
Industrial properties play a significant role in Austria's commercial real estate landscape, especially in regions like Upper Austria and Styria, where manufacturing and logistics sectors are highly developed. The country's central location within Europe makes it an ideal logistics hub, driving demand for warehouse and distribution facilities.
Investor interest in Austria's commercial property market remains robust, fuelled by factors such as stable economic fundamentals, and the country's reputation for political stability and legal certainty. Foreign investors, in particular, find Austria an attractive destination for real estate investment due to its transparent regulatory framework and relatively low barriers to entry.
Why Austria?
Situated in the heart of Europe, Austria is a strategic location for businesses looking to access European markets. Its proximity to major European economies such as Germany, Switzerland, Italy, and Eastern European countries makes it an ideal base for companies seeking to expand their operations.
Austria boasts a stable political environment, a robust legal system, and a well-regulated real estate market. These factors contribute to a sense of security for investors, reducing uncertainties commonly associated with investing in emerging markets.
Austria has a prosperous and diversified economy characterised by high levels of innovation, a skilled workforce and a strong industrial base. The country consistently ranks high in global competitiveness indices, further enhancing its attractiveness to investors.
The commercial property market offers attractive rental yields, particularly in prime locations such as Vienna, Salzburg, and Innsbruck. With strong demand for office space, retail premises, and logistics facilities, investors can expect steady rental income streams from their investments.
What we offer
CBS International External Link is the Exclusive Affiliate Partner of Cushman & Wakefield in Austria, Serbia, Croatia, and Montenegro comprising a team of over 400 professionals and providing a full range of real estate services to investors, occupiers and owners across all sectors of the real estate market.
As a regional leader, CBS International Group for almost two decades is showcasing impeccable performance, offering a broad range of brokerage and consultancy services including: office agency, retail agency, industrial & land agency, valuation & development advisory, capital markets, market research, project management, property and facilities management.
We advise companies and investors in Austria on all aspects of their current and future real estate needs. We find suitable office space, retail units, industrial space and valuable assets, manage and evaluate portfolios, perform various analyses and studies and provide inspiring interiors.
Our purpose begins by truly understanding your business, adapting to your needs and acting with a strong integrated services strategy to bring maximum value to your business. Our specialist teams offer particular areas of expertise in the following sectors:
- Office Agency
- Retail Agency
- Industrial & Land Agency
- Capital Markets
- Valuation and Development Advisory
- Market Research
- Project Management
- Property and Facilities Management
