# Vienna Class A Office Market

> 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.

**Canonical URL:** https://classa.info/cities/vienna
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- 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.

## Key facts
- **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

## FAQ
### How are Vienna office rents quoted?
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.

### What is the role of international organisations?
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.

### What is CPI indexation in Austrian leases?
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.

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Citation: Source: Class A Atlas (https://classa.info/cities/vienna), updated 2026-04-15T00:00:00.000Z.