{
  "url": "https://classa.info/cities/vienna",
  "title": "Vienna Class A Office Market",
  "description": "CEE gateway with deep institutional and UN-anchored tenancy.",
  "oneSentenceAnswer": "Vienna Class A office rents around €312/sqm/yr · ≈ $31.3 PSF/yr USD, with 4.6% vacancy and 6 months of typical rent-free on a 5-year term.",
  "tldr": [
    "Vacancy below 5% — among the tightest Class A markets in continental Europe.",
    "Rents quoted EUR/sqm/month; trophy product clears EUR 26-30/sqm/month in the Innere Stadt and DC Tower cluster.",
    "International-organisation tenancy underwrites long-duration leasing demand independent of the local economic cycle.",
    "CEE regional HQ consolidation continues to pull demand from Bratislava, Budapest, and Prague secondary markets."
  ],
  "keyFacts": {
    "city": "Vienna",
    "country": "Austria",
    "region": "EMEA",
    "classARentLocal": "€312/sqm/yr · ≈ $31.3 PSF/yr USD",
    "classARentUsd": "$31.304638653276232/sqft/yr",
    "vacancyPct": "4.6%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 6,
    "submarkets": 5,
    "corporateTaxPct": "23%",
    "talentIndex": 84
  },
  "faqs": [
    {
      "question": "How are Vienna office rents quoted?",
      "answer": "Rents are quoted in EUR per sqm per month, exclusive of operating costs (Betriebskosten) and VAT. Trophy product in the Innere Stadt and DC Tower cluster clears EUR 26-30/sqm/month."
    },
    {
      "question": "What is the role of international organisations?",
      "answer": "Material. UN, OPEC, OSCE, and IAEA tenancy in the Vienna International Centre and surrounding Donau City underwrites long-duration leasing demand on terms structurally distinct from commercial market norms."
    },
    {
      "question": "What is CPI indexation in Austrian leases?",
      "answer": "VPI (Verbraucherpreisindex) indexation is universal — annual rent steps tied to the consumer price index, typically with no cap. Tenants should negotiate floors and caps on indexation in inflationary cycles."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/vienna), updated 2026-04-15T00:00:00.000Z."
}