First Vienna Residential Market Report Edition 2020 2020 Edition

FIRST VIENNA RESIDENTIAL MARKET REPORT EDITION 2020 2020 EDITION

FIRST VIENNA RESIDENTIAL MARKET REPORT www.residentialmarketvienna.at FIRST VIENNA RESIDENTIAL MARKET REPORT MARKET REPORT VIENNA RESIDENTIAL FIRST FIRST VIENNA RESIDENTIAL MARKET REPORT

www.residentialmarketvienna.at the future, and where do we start in tackling the land shortages and EDITORIAL rising construction costs? These are just some of the questions facing us; additional factors that need to be considered include sustainability, DEAR READER, digitisation, and cross-generational living. Building residential high-rises is one possible option, but it will not solve all of the city’s residential we are proud to present the First Vienna Residential Market Report, the issues. We will explore this topic in more detail on pages 13 and 14 of eighth edition of our joint publication. this publication.

THE RESIDENTIAL MARKET in Vienna is markedly different from that of many other cities, which is partly due to the numerous housing subsidy programmes and therefore also largely affordable housing. “We deal with the opportunities, risks and trends that impact the Viennese residential market VIENNA IS ALSO a step ahead in terms of living quality, earning it the title of world’s most liveable city for the tenth year in a row according to on a daily basis.” the Mercer Study. The British Economist ranking confirmed this in 2019 as well as in 2018.

THE AUSTRIAN CAPITAL FACES a series of challenges in the resi- OUR MAIN AIM at BUWOG as Vienna’s largest private housing asso- dential market despite, or even because of, the city’s great popularity. For ciation and EHL Immobilien as a leading real-estate service company is example, the population has been growing more slowly than in previous to share our experience and expertise in this report. We have written it years, but this growth has been continuous and is set to rise to around to provide a more in-depth, comprehensive view of the developments, two million by the year 2027. prospects, and peculiarities of the Viennese residential market while of- fering help in finding accommodation. WE AT BUWOG AND EHL IMMOBILIEN deal with the opportunities, risks and trends that impact the Viennese residential market on a daily WE WISH YOU an enjoyable browse through the First Vienna Residen- basis: what needs and requirements will dominate residential space in tial Market Report for 2020. ×

YOURS SINCERELY

Mag. Daniel Riedl FRICS Andreas Holler, BSc Mag. Michael Ehlmaier FRICS DI Sandra Bauernfeind FRICS Member of the Managing Director, Managing partner, Managing partner, Management Board, BUWOG Group GmbH EHL Immobilien GmbH EHL Wohnen GmbH Vonovia SE FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 02

INTRODUCTION

TABLE OF CONTENTS

01 EDITORIAL 36 1090 VIENNA · ALSERGRUND 38 1100 VIENNA · FAVORITEN 40 1110 VIENNA · SIMMERING INTRODUCTION 42 1120 VIENNA · MEIDLING 02 TABLE OF CONTENTS 44 1130 VIENNA · HIETZING 03 OUR MOTIVATION 46 1140 VIENNA · PENZING 04 BUWOG GROUP GMBH 48 1150 VIENNA · RUDOLFSHEIM-FÜNFHAUS 05 EHL IMMOBILIEN GROUP 50 1160 VIENNA · OTTAKRING 52 1170 VIENNA · HERNALS 54 1180 VIENNA · WÄHRING HOUSING MARKET 56 1190 VIENNA · DÖBLING 06 OWNERSHIP STRUCTURE IN 2019 58 1200 VIENNA · BRIGITTENAU 08 DEMOGRAPHICS OF AUSTRIA 60 1210 VIENNA · FLORIDSDORF 09 HOUSEHOLDS IN AUSTRIA 62 1220 VIENNA · DONAUSTADT 10 DEMOGRAPHICS OF VIENNA 64 1230 VIENNA · LIESING 11 HOUSEHOLDS IN VIENNA

PROJECTS 12 FACTS BUWOG & EHL IMMOBILIEN 13 FIGURES 66 MARINA TOWER / BUWOG 14 TRENDING TOPIC: RESIDENTIAL HIGH-RISES 67 KENNEDY GARDEN / BUWOG 16 THE SINUS-MILIEUS® 68 GRÜNSTÜCK22 / BUWOG 69 THE MARKS –TURM 3 / BUWOG 70 GRINZINGER ALLEE / BUWOG DISTRICTS OF VIENNA 71 WILDGARTEN / EHL IMMOBILIEN 18 VIENNA AT A GLANCE 72 AN DER LÄNDE / EHL IMMOBILIEN 20 1010 VIENNA · INNERE STADT 73 LUXURY SUITES / EHL IMMOBILIEN 22 1020 VIENNA · LEOPOLDSTADT 74 IU – IDYLLISCH_URBAN / EHL IMMOBILIEN 24 1030 VIENNA · LANDSTRASSE 75 DIE GARTENRESIDENZ / EHL IMMOBILIEN 26 1040 VIENNA · WIEDEN 28 1050 VIENNA · MARGARETEN 30 1060 VIENNA · MARIAHILF 76 CLOSING WORDS 32 1070 VIENNA · NEUBAU 78 GLOSSARY 34 1080 VIENNA · JOSEFSTADT 80 IMPRINT 03 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

INTRODUCTION

OUR MOTIVATION

BUWOG AND EHL share comprehensive know-how and experience WHAT MAKES the First Vienna Residential Market Report unique: in the property business from their long-standing presence in the real- we only include final prices – purchase prices or rental prices actually estate market. This eighth edition of the First Vienna Residential Market achieved – rather than offer prices. Report combines the extensive expert knowledge of the two companies. THIS INCREASES the First Vienna Residential Market Report’s rele- OUR SERVICE FOR READERS: vance while also ensuring its place as one of a kind compared to many →→ A complete overview of developments other market reports and studies. on the Viennese residential market →→ Important facts and figures ALL INFORMATION USED corresponds to the current state of aware- →→ Property trends ness and the latest data. The statistical information that the report draws →→ Comparative figures for Vienna and its on comes from Statistics Austria (the state statistics office) and the City of individual districts in the new updated edition Vienna (MA 23 – Economics, Labour and Statistics). × FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 04

INTRODUCTION © Arge Schuberth Schuberth / Stadler Prenn Ostertag

BUWOG Group GmbH

BUWOG GROUP GMBH

BUWOG GROUP GMBH IS THE LEADING full-service company BUWOG GROUP GMBH CURRENTLY HAS MORE than 22,500 in the Austrian residential market. The company aims towards creating units in Austria and around 6,000 residential units in the development living satisfaction by gathering all our expertise and experience of more pipeline focused on the Austrian capital, Vienna. than sixty-nine years in developing and managing our projects. AWARDS IN PROJECT DEVELOPMENT and sustainability have BUWOG WORKS FROM a solid basis rich in know-how across the confirmed the company’s success in its activities on the property market, complete range of development and living. serving as a visible testament to the expertise, commitment, and profes- sionalism of our staff of around 370. WE COVER the entire value chain in the housing sector in Austria in our business divisions of asset management, apartment sales, and pro- SINCE JANUARY 2019, the BUWOG Group GmbH has been a wholly ject development using the synergistic effects of all these areas to meet owned subsidiary of Europe’s leading residential housing company, the highest expectations on quality from our customers. Vonovia SE, which is based in Bochum, Germany. × 05 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 © Arge Schuberth Schuberth / Stadler Prenn Ostertag

EHL Immobilien Group

EHL IMMOBILIEN GROUP

EHL WOHNEN GMBH is part of the EHL Immobilien Group and one of SIX EHL EXECUTIVES have been awarded a total of ten CÄSAR the leading estate agents in Greater Vienna. Apart from arranging rented, oc- awards for outstanding achievement in the property business. Apart from cupier-owned and investment contracts as well as brokering land and houses, that, EHL has received the IMMY award as the best estate agent nine the company operates in property development consulting for developers with times over. Our customers benefit from a complete range of real-estate advice on optimised market-oriented design and marketing for their projects. services across the world as well as our own local experts thanks to our partnership with BNP Paribas Real Estate. EHL IMMOBILIEN was founded in 1991, and is one of Austria’s leading residential property service suppliers specialising in residential, commer- IN 2019, EHL ARRANGED 1,300 residential unit deals (rental, prop- cial, and investment properties. Our range of services extends from es- erty, investment) and 42,000 square metres of office space, command- tate agent services and property valuation to property and construction ing a total transaction volume of 1.16 billion euros. The annual volume administration; asset, centre and portfolio management; market research from the fast-growing property valuation segment amounts to around and investment consulting. Several awards stand witness to our responsi- 12.1 billion euros. Apart from that, EHL manages properties in a variety ble approach in how we do business with customers and partners. of asset classes at a total of around two million square metres. × FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 06

HOUSING MARKET

OWNERSHIP STRUCTURE IN 2019

AROUND 931,000 APARTMENTS IN VIENNA count as inhabited, PEOPLE LIVING IN owner-occupied apartments occupy a roughly with around 76 percent of households living in rented accommoda- equal share in Vienna and Austria; this share is rather low compared tion – an extraordinary housing market compared to the other eight to other forms of housing, while still remaining largely stable. Naturally, Austrian federal states. Of these 710,400 or so rented apartments, most Austrians prefer to live in single-family homes, and this is the main around 409,600 are owned by the City of Vienna or non-profit housing household form across the country – as opposed to Vienna, where this associations. share of households is very low. ×

HOUSING STOCK 2019 VIENNA AUSTRIA

approx. approx. TOTAL PRIMARY RESIDENCES 931,000* 3,947,000*

OWNERSHIP ABSOLUTE FIGURES ABSOLUTE FIGURES

HOUSE OWNER-OCCUPIERS 68,000 1,673,200 APARTMENT OWNER-OCCUPIERS 124,700 430,100 MAIN TENANTS (COLLECTIVE) 710,400 1,657,700 PRIVATE INDIVIDUALS AND LEGAL ENTITIES 307,200 710,500 PUBLIC CORPORATIONS 214,100 315,800 NOT-FOR-PROFIT HOUSING COOPERATIVES 195,500 631,500 SUBLEASES AND OTHER LEASE ARRANGEMENTS 27,900 186,000

* Source: Statistics Austria, own calculations. A household equals one apartment.

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 08

HOUSING MARKET

DEMOGRAPHICS OF AUSTRIA

AS AT JANUARY 1, 2019, AUSTRIA WAS home to 8,858,775 people, of whom 5,472,520 were between 20 and 64 years old. At the start of 2019, the average age of the people living in Austria was 42.8 years. According to the latest forecasts, the population of Austria is expected to reach the nine million mark only in 2023. ×

DEMOGRAPHIC OUTLOOK AGE PROFILE OF POPULATION FOR AUSTRIA AS AT JANUARY 1, 2019

2019 TO 2070

8,858,775 9,793,189

Population

10,000,000 1,717,696 0–19 YEARS

8,000,000 1,668,559 > 65 YEARS

6,000,000

4,000,000 5,472,520 20–64 YEARS 2,000,000

0 Year 2000 2010 2030 2040 2050 2060 2019 2070

FORECAST

→→ Nine million people will be living in Austria by 2023. →→ By 2070, the population of Austria is expected to rise to 9,793,189 people. →→ This corresponds to an increase by nearly 11% from 2019 to 2070. →→ By 2070, around 28.9 % of the population will be 65 years or over, up from 18.9% in 2019. →→ The number of people living in Austria below the age of 20 will continue to drop gradually, from 19.4% in 2019 to 18.7% by 2070. 09 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

HOUSEHOLDS IN AUSTRIA

THE AVERAGE HOUSEHOLD SIZE of the 3,947,204 private households in Austria was 2.22 people in 2019. The trend towards small households continues. In 1984, the average household size was 2.70, while experts predict that this figure will drop to 2.09 by 2080. ×

PRIVATE HOUSEHOLDS FORECAST FOR SINGLE AND MULTIPLE-PERSON HOUSEHOLDS IN AUSTRIA

2019 TO 2080

Households

3,000,000 2,692,921 2,500,000 2,453,843 1,967,102 2,000,000 1,493,361 1,500,000

1,000,000

500,000 SINGLE-PERSON HOUSEHOLDS MULTIPLE-PERSON HOUSEHOLDS 0 Year 2019 2080

FORECAST

→→ The number of single-person households is still growing. →→ Between 2019 and 2080, single-person households are set to increase by 31.7% out of the total number of households in the respective year (from 1,493,361 to 1,967,102). →→ Between 2019 and 2080, multiple-person households are set to increase by only 9.7% out of the total number of households in the respective year (from 2,453,843 to 2,692,921). →→ From 2019 to 2080, the total number of private households is expected to rise by 18.06% (from 3,947,204 to 4,660,023). →→ The predicted average household size for 2080 is around 2.09 persons. FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 10

HOUSING MARKET

DEMOGRAPHICS OF VIENNA

AS AT JANUARY 1, 2019, the population of vienna was 1,897,491. Of these, 312,445 people were older than 65, and 366,693 were younger than 20 years of age. On January 1, 2019, the average age in Vienna was 40.4 years (41.7 for women and 39.0 for men). Current forecasts predict that the population of the capital will only hit the two million mark in 2027. ×

DEMOGRAPHIC OUTLOOK AGE PROFILE OF POPULATION FOR VIENNA AS AT JANUARY 1, 2019

2019 TO 2070 1,897,491 2,239,762

Population 366,693 0–19 YEARS 2,000,000

312,445 > 65 YEARS

1,750,000

1,218,353 20–64 YEARS 1,500,000

1,250,000 Year 1985 1995 2005 2030 2040 2050 2060 2019 2070

FORECAST

→→ Only by 2027, Vienna will have a population of more than two million. →→ By 2070, the population of the city is expected to reach 2,239,762. →→ This corresponds to an increase of 18% from 2019 to 2070. →→ By 2070, around 23.9% of the city's population will be 65 years or over, up from 16.5%. →→ The number of people in Vienna below the age of 20 will decrease from 19.4% today to 19.2% by 2070. 11 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

HOUSEHOLDS IN VIENNA

VIENNA HAD AROUND 930,979 households with an average household size of just 2.04 persons in 2019. The households in Vienna account for just below a quarter of all households in Austria. ×

PRIVATE HOUSEHOLDS FORECAST FOR SINGLE AND MULTIPLE-PERSON HOUSEHOLDS IN VIENNA

2019 TO 2080

Households 595,160 600,000 549,799 508,603 500,000 422,376 400,000

300,000

200,000

100,000 SINGLE-PERSON HOUSEHOLDS

0 Year MULTIPLE-PERSON HOUSEHOLDS 2019 2080

FORECAST

→→ Between 2019 and 2080, single-person households in Vienna are set to increase by more than 30.17% out of the total number of households in the respective year (from 422,376 to 549,799). →→ Between 2019 and 2080, multiple-person households in Vienna are set to increase by more than 17% out of the total number of households in the respective year (from 508,603 to 595,160). →→ From 2019 to 2080, the number of private households will increase by more than 22.9% (from 930,979 to 1,144,959). →→ It is expected that there will be more than one million households in Vienna by 2035. →→ The predicted average household size for 2080 is 2.02 persons. FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 12

FACTS USEFUL FACTS ABOUT VIENNA

THIS PAGE PROVIDES YOU WITH INTERESTING DETAILS on the Austrian capital – all at one glance. ×

USABLE LIVING AREA* NUMBER OF BUILDINGS VIENNA: 38 m2 PER RESIDENT OVER TIME** Lowest living area: Favoriten: Highest living area: 31 m² per resident Innere Stadt: 65 m² per resident

UP TO 39 m2 40 TO 49 m2

> 50 m 67,292 74,481 96,209 134,321 153,693 168,167 164,746 180,553

1951 1961 1971 1981 1991 2001 2011 2019

POPULATION DENSITY** PUBLIC VIENNA: 45.7 PERSONS PER HECTARE TRANSPORT***

PASSEN- LENGTH Lowest density: Highest density: LINES Hietzing Margareten GERS OF LINES 14.3 persons 275.4 persons per hectare per hectare METRO SERVICES 463.1 Mio. 83.0 km 5 UP TO 100 TRAMS 305.8 Mio. 220.5 km 28 101 TO 200 201 AND MORE BUSES 197.3 Mio. 649.2 km 129

TOTAL 966.2 Mio. 952.7 km 162

GREEN SPACE IN PERCENT*** STREETS IN VIENNA***

VIENNA: 47.1% (OUT OF TOTAL AREA) ** Source: EHL Market Research SHORTEST STREET: IRISGASSE 17.0 m

Highest percentage Lowest percentage LONGEST STREET: HÖHENSTRASSE 14.8 km of green space: of green space: Hietzing: 70.6% Josefstadt: 1.9% TOTAL LENGTH OF STREETS 2,784 km

UP TO 25% NUMBER OF ROADWAYS 6,906 26 TO 50% > 51% * As at 2011 ** As at 2019 *** As at 2018 *** As at 2018 ** As at 2019 * As at 2011 * High-rises with more than 85% residential use 13 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

21. VIENNA RISING! FIGURES

THE VIENNESE BUILDING CODE defines buildings taller than thirty-five metres as high-rise buildings. Vienna has already exceeded this size limitation by far, following international trends. The coming years will continue to see many high-rise 19buildings. rise into the sky, making lasting changes to the cityscape. ×

* RESIDENTIAL HIGH-RISES IN VIENNA 17 7 18

Residential high-rise District18 Altitude. in m Status 1 20. 3 1. DC Tower 2 22 approx. 175 m in planning 2 2. Danube17 Flats . 22 approx. 160 m in planning 3. Neue Donau high-rise 22 150 m completed 14. 4. MARINA TOWER 2 approx. 138 m under construction 9. 5. MGC Plaza "The Marks" 3 100–121.5 m under construction 21. 16(3 residential. high-rises) (105–126 m) 6. TRIIIPLE 1 3 116 m under construction 10 14 TRIIIPLE 2 3 107 m under construction TRIIIPLE 3 3 120 m under construction 19. 9 7. Mischek Tower 22 110 m completed 8. 8. Hoch 33 10 110 m completed 1.15 22. 9. V22 22 approx. 110 m in planning 18. 20. 10. Citygate Living Tower 21 100 m completed17. 7. 19 11. Delugan-Meissl-Tower 10 1499. m completed 9. 3. 16. 12. High-rise at Viertel Zwei 2 90 m kick-off in 2020 12 "Grünblick" 8. 2. 1. 4 22. 13. Alterlaa residential park 23 85.1 m completed 6. 7. 3. 14. Leopoldtower 21 85 m completed 4. 6 6 6 15. 2. 15. Höchstädtplatz 6. 15. 4. 5 residential high-rise 20 83.5 m completed 5. 5. 16. Mischek-Coop-Tower 10 83 m13 . completed 12. 17. SEG Apartment Tower 22 82 m completed 16 11 20 8 13. 18. Obelixturm 22 80 m 12. completed 19. Residential high-rises approx. 13 11. in the Nordbahn quarter 2 60–80 m in planning 21. 21. 21. 20. Monte Verde 10. 10 14 10 14 10 14 residential high-rise 10 77 m completed23. 19. 19. 9 19. 9 9

15 15 15 UNDER 18. 20. 18. 20. 18. 20. COMPLETED CONSTRUCTION 17. IN PLANNING17. 11. 17. 14. 14. 9. 19 14. 9. 19 9. 19 16. 16. 16. 12 12 12 * ** 8. 8. 8. RESIDENTIAL HIGH-RISES IN INTERNATIONAL COMPARISON 1. 4 1. 22. 4 1. 22. 4 22. 7. 3. 7. 3. 7. 3. 6 6 6 2. 6 6 6 2. 6 6 6 2. ** Source: EHL Market Research 10. 6. 4. 6. 4. 6. 4. 15. 155 . 5 15. 5 5. 5. 5. 23. 13. 1213. . 12. 13. 12. 16 11 20 8 16 11 20 8 16 11 20 8

13 13 11. 13 11. 11.

10. 10. 10. 23. 23. 23. 381 m m 472 435 m 413 m m 392 m 352 335 m 322 m 317 m 310 m 308 m m 425.5

* As at 2011 ** As at 2019 *** As at 2018 *** As at 2018 ** As at 2019 * As at 2011 * High-rises with more than 85% residential use Central Park 111 West 432 Park Princess 23 Marina Elite Marina DAMC Q1 HHHR Ocean Burj Rafal Tower 57th Street Avenue Tower Dubai, Residence Torch Heights Gold Coast, Tower Heights Riad, NYC, NYC, NYC, Dubai, UAE Dubai, Dubai, Dubai, Australia Dubai, Dubai, Saudi USA USA USA UAE UAE UAE UAE UAE UAE Arabia FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 14

TRENDING TOPIC

RESIDENTIAL HIGH-RISES

THEY ARE NOW PRESENT IN MANY PARTS of Vienna: high- THE UPPER FLOORS in these residential high-rises in particular set rise buildings soaring above the roofs of the city. Floridsdorf, Donaustadt, the apartments apart from the urban bustle while also creating a sensation parts of Favoriten – the Austrian capital’s skyline would be hard to imagine of being in the midst of it. Residential high-rises also provide that feeling without the DC Tower, Millennium Tower, or Twin Tower. High-rise build- of anonymity contrasting with the sensation of being part of a greater ings may have been used only as office towers for a long time, but the city whole. The many common areas in the buildings contribute to that. Apart of Vienna and residential property developers have realised that this form from classical children’s playrooms, projects with several hundred resi- of architecture provides a host of benefits. dential units that are so typical of residential high-rises also include shared kitchens, lobbies, and shared terraces. VIENNA IS SET TO BREAK the two-million population threshold in 2027 as housing and areas for development become increasingly scarce. This meant that it was high time for developers to take a closer look at residential high-rises and start building upwards, causing population den- “The upper floors in these residential high-rises sification. set the apartments apart from the urban bustle while also creating a sensation of being in the midst of it.” “High-rise buildings may have been used only as office towers for a long time, but the city of Vienna and residential property developers have realised that this form of RESIDENTIAL HIGH-RISES also benefit from convenient infrastructure: residents find everything they could possibly need from local architecture provides a host of benefits.” suppliers and other everyday services to pharmacies, day-care centres, and schools to local pubs and restaurants right next door. These areas generally have good transport links: all of Vienna’s (future) residential high-rises have a metro station nearby, such as the U3 from "The Marks" PROJECTS SUCH AS THE "MARINA TOWER", "TRIIIPLE", and "The or U2 from "Marina Tower", and are never far from a motorway ensuring Marks" are currently under construction, showcasing Vienna’s future hu- fast and easy access for motorists. man habitat. From subsidised rent to exclusive properties, Vienna caters to a wide demographic in residential high-rises under development. This THE CHARM OF A TOWNHOUSE FLAT in the heart of Vienna generates new prospects for future residents with the panoramic views cannot compare with that of a residential tower, of course. Even so, the many of these high-rises have over the city creating an entirely new living "upward" trend is unstoppable, and will soon be regarded as the state-

atmosphere. of-the-art way of living. × © BUWOG / Stephan Huger © BUWOG / Stephan Huger FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 16

SINUS-THE SINUS- ® MILIEUS® WHO LIVES HOW

THE FOLLOWING PAGES GIVE A SUMMARY OF SINUS-MILIEUS®. Sinus-Milieus® constitute a model that groups people according to their basic attitudes and lifestyles. Sinus-Milieu groups differ with regard to their consumer behaviour, lifestyle, and living environment. Further details on Sinus-Milieus® are given on page 78. × TRADITIONAL MILIEUS

CONSERVATIVES. Trendsetters in the traditional sphere with high TRADITIONALS. Emphasis on security, order, and stability – ethics of responsibility – strongly characterised by Christian ethics, rooted in the old petty-bourgeois world, in the traditional high estimation of arts and culture, sceptical towards current soc blue-collar culture, or in the rural milieu. Home tastes are ial development. Home is an expression of upper or middle-class based on traditional cosiness and rural aesthetics. lifestyle in clear distinction from current attitudes.

CENTRAL MILIEUS

THE NEW MIDDLE CLASS. The adaptive mainstream – seeking ADAPTIVE-PRAGMATISTS. The young pragmatist middle professional and social establishment, secure and harmonic stratum – pronounced life-pragmatism, strong desire for circumstances, support and orientation, peace and a slow pace. anchorage, membership, security, performance orientation, They prefer interiors with neo-rustic, conventional aesthetics. but also the wish for fun and entertainment. The prevailing lifestyle is either trendy or quiet and down-to-earth. 17 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

UPPER CLASS

ESTABLISHED. The performance-oriented elite with a strong POSTMATERIALISTS. Open-minded social critics – intellectual, anchorage in tradition – strongly focused on status, exclusiveness, educated milieu, interested in variegated aspects of culture; cos- responsibility, and leadership. The apartments are often a stylishly mopolitan orientation, but critical towards globalisation; socially harmonious combination of traditional and modern. committed. Home styles are dominated by a sense of nature and authenticity; distinction from the mainstream plays a crucial role.

HIGH ACHIEVERS. The flexible and globally oriented performance DIGITAL INDIVIDUALISTS. The individualistic, networking, digital elite – individual performance, efficiency, and success take top avant-garde – mentally and geographically mobile, cross-linked priority; competent in business and IT. High achievers appreciate online and offline, permanently looking for new experiences. open, generously dimensioned interior designs that focus on The home is creatively designed with deliberately unconventional presentation. highlights.

THE MODERN LOWER CLASS

CONSUMPTION ORIENTED. The materialistic lower class ESCAPISTS. The modern lower middle class, living for the striving for participation – sense of discrimination, resentments, excitement of the moment – seeking fun and amusement; and pronounced fears of the future; striving to stay connected rejection of traditional standards and conventions. The aesthetic with the consumption standards of the middle class. An attempt of heavy stimuli dominates with a zest for provocation and is made to present an intact and bourgeois living environment. challenging taboos. FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 18

DISTRICTS OF VIENNA

VIENNA AT A GLANCE

THE MAP OF VIENNA provides an overview of the city districts. For better orientation, the map also shows underground metro lines and major roads/motorways. Metro lines that are planned or currently under construction are shown as broken lines. ×

PLANNED EXTENSION OF U2 METRO LINE PLANNED EXTENSION OF U5 METRO LINE CURRENT ROUTE OF U2 METRO LINE, TO BECOME U5 METRO LINE A22 21. U Leopoldau

19. U Floridsdorf S2 U Heiligenstadt 20. 18. U Spittelau 17. 14. 9. U Seestadt 16. U Elterleinplatz * U Ottakring 8. 1. U Stephansplatz 2. 22. 7. U Karlsplatz U Hütteldorf U Westbahnhof 15. 6. 4. 3. A1 5. 13. 12. U Simmering U Wienerberg *

11. A4 10. 23. A23 U Oberlaa

U Siebenhirten S1 VIENNA AIRPORT * in planning A21 19 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

THE TABLE CONTAINS all key data and facts regarding population, SALES PRICES are represented as purchase prices per square metre of income, property prices, and rental prices. The quoted prices are not net living area, excluding parking and incidental costs. The section below asking or advertised prices but the prices per square metre that were provides more detailed information on the individual districts, including key actually paid upon signing of the contract. demographic data, statistics, and special features within the districts. ×

SALE PRICES RENTAL PRICES RESIDENTS INCOME* DISTRICTS ON CONCLUSION ON CONCLUSION FIRST FIRST OTHER OCCUPANCY** OCCUPANCY** OTHER 1010 VIENNA · INNERE STADT 16,306 € 26,480 n/a*** n/a*** n/a*** n/a*** 1020 VIENNA · LEOPOLDSTADT 104,946 € 22,904 € 5,400 € 4,000 € 12.50 € 10.50 1030 VIENNA · LANDSTRASSE 91,745 € 24,172 € 5,600 € 4,100 € 12.70 € 11.00 1040 VIENNA · WIEDEN 33,263 € 25,878 € 5,700 € 4,200 € 13.20 € 11.20 1050 VIENNA · MARGARETEN 55,407 € 20,479 € 5,200 € 3,900 € 12.00 € 10.70 1060 VIENNA · MARIAHILF 31,864 € 23,971 € 5,500 € 4,100 € 13.10 € 11.10 1070 VIENNA · NEUBAU 32,288 € 25,100 € 6,000 € 4,500 € 13.10 € 11.10 1080 VIENNA · JOSEFSTADT 25,466 € 25,142 € 6,500 € 4,700 € 13.20 € 11.40 1090 VIENNA · ALSERGRUND 41,958 € 24,701 € 6,100 € 4,400 € 13.10 € 11.20 1100 VIENNA · FAVORITEN 204,142 € 19,478 € 4,500 € 2,900 € 11.20 € 9.40 1110 VIENNA · SIMMERING 103,008 € 21,606 € 4,000 € 2,600 € 10.50 € 9.20 1120 VIENNA · MEIDLING 97,634 € 20,537 € 4,500 € 3,10 0 € 11.50 € 10.20 1130 VIENNA · HIETZING 53,778 € 29,575 € 6,100 € 4,300 € 13.00 € 11.30 1140 VIENNA · PENZING 92,990 € 23,755 € 4,700 € 3,200 € 11.70 € 10.50 1150 VIENNA · RUDOLFSHEIM 77,621 € 18,528 € 4,400 € 3,000 € 11.50 € 10.30 1160 VIENNA · OTTAKRING 103,785 € 21,168 € 4,500 € 3,000 € 11.40 € 10.40 1170 VIENNA · HERNALS 57,292 € 22,386 € 4,250 € 3,000 € 11.30 € 10.20 1180 VIENNA · WÄHRING 51,587 € 26,770 € 5,900 € 4,000 € 12.60 € 10.80 1190 VIENNA · DÖBLING 72,947 € 28,004 € 6,500 € 4,400 € 13.00 € 10.90 1200 VIENNA · BRIGITTENAU 86,502 € 18,674 € 4,300 € 2,900 € 11.50 € 10.40 1210 VIENNA · FLORIDSDORF 165,673 € 23,220 € 4,250 € 2,900 € 11.10 € 10.20 1220 VIENNA · DONAUSTADT 191,008 € 25,323 € 4,400 € 2,900 € 11.40 € 10.20 1230 VIENNA · LIESING 106,281 € 26,063 € 4,100 € 3,000 € 10.60 € 10.00

* Source: Statistics Austria, wage tax statistics for 2018, average annual net income for employees in total, in euros, valid as at December 2019 ** Weighted average price *** The report assumes residential rents that are not subject to the full scope of the Austrian Tenancy Act. The sample from the First District was too small to deliver any valid information, and has been omitted in the rent levels statistic. FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 20

1010 VIENNA’S NUMBER ONE INNERE STADT ADDRESS

IENNA’S FIRST DISTRICT is undergoing a residential de- PRESTIGIOUS PROJECTS are currently under construction around velopment boom the likes of which it has not seen for years. the City Hall, on Börseplatz 1, on Parkring 14, and at Palais Schotten- V Experience from recent years has shown that luxury is not a ring. Franz-Josefs-Kai also has new development projects being planned. question of size with demand for one and two-bedroom apartments rap- The district’s hotspots include Börseplatz, Graben, and the area around idly growing. Tuchlauben. ×

U Schottenring

U Schottentor

Börse- platz

U Schwedenplatz Tuch lauben Rotenturmstraße U Rathaus U Herrengasse Graben U Stephansplatz U Stubentor Act. The sample from the First District was too **** The report assumes residential rents that are not subject to the full scope of Austrian Tenancy small to deliver any valid information, and has been omitted in the rent levels statistic.

U Volkstheater Kärntner Straße

U Stadtpark U Museumsquartier

U Karlsplatz HOTSPOTS *** Source: Statistics Austria, wage tax statistics for 2018, *** Source: Statistics Austria, wage tax statistics for 2018, annual net income for employees in total, euros, average valid as at December 2019 SPECIAL FEATURES OF DISTRICT

The city centre is a diverse part of Vienna, and is hugely popular amongst coffeehouse culture is still celebrated. Ringstraße is a downtown boule- inhabitants and tourists. Its exclusivity attracts especially the High Achiev vard that replaced what was once the city walls in the mid-eighteenth ers and Established Sinus-Milieus®: High Achievers appreciate the cos- century, and is now a varied and rich high-street shopping experience. 2 EIGENTUM mopolitanWOHNEN environment and(PREIS/ its proximitym ) to trendy restaurants, while the It also provides an opportunity to stroll through the city and take in all ERSTBEZUG Established find contentment in their prestigious residential area close to kindsSONSTIGE of architectures and institutions telling their own fascinating story. cultural institutions such as the State Opera and Albertina Museum. OneMIETE such building can be found at Bauernmarkt 10, where famous author FranzERSTBEZUG Grillparzer was born. Just under fifty percent of the area has been Life is there to be enjoyed over a slice of the legendary Sachertorte choco- developed,SONSTIGE but the green areas in the city centre that account for around late cake or melange coffee in the iconic Café Hawelka, where Viennese ten percent of the total area of the district provide a uniquely elegant flair. ZINSHAUS by the municipal authorities according to tree cadastre (2018) * Total of general practitioners, specialists, and dentists practitioners, of general * Total on public roads, that is, not in parks and gardens, managed ** Trees © Free Dimensions © Free Börseplatz 1 / EHL Immobilien

HOUSING FACTS GOOD TO KNOW

16,306 RESIDENTS 2019 38.8 km OF CYCLE PATHS

8,921 MAIN RESIDENCES 2018 515 DOCTORS*

1.83 PERSONS/HOUSEHOLD 2018 2 DOG ZONES

9 PLAYGROUNDS MOVED IN + 949 9.6% GREEN SPACE WITH MOVED OUT – 822 2,718 TREES** MIGRATION BALANCE + 127 **** The report assumes residential rents that are not subject to the full scope of the Austrian Tenancy Act. The sample from the First District was too Act. The sample from the First District was too **** The report assumes residential rents that are not subject to the full scope of Austrian Tenancy small to deliver any valid information, and has been omitted in the rent levels statistic. DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 4.5% 0–5 YEARS INNERE STADT 24.9% -5.3% 5.7% 6–14 YEARS 9.2% 15–24 YEARS AVERAGE INCOME*** 55.2% 25–64 YEARS 25.4% > 65 YEARS € 26,480 INNERE STADT

*** Source: Statistics Austria, wage tax statistics for 2018, *** Source: Statistics Austria, wage tax statistics for 2018, annual net income for employees in total, euros, average valid as at December 2019 € 22,943 VIENNA AGE 46.6 YEARS

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� n/a **** OWNER-OCCUPIED OTHER �� n/a **** FIRST OCCUPANCY �� n/a **** OTHER �� n/a **** INVESTMENT PROPERTY �� € 6,800 to € 9,850/m2

In this district, 160 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 237 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total on public roads, that is, not in parks and gardens, managed ** Trees by the municipal authorities according to tree cadastre (2018) L The ConsumptionOrientedSinus-Milieu SPECIAL FEATURES OF DISTRICT FIRST VIENNARESIDENTIAL REPORT MARKET |2020 Praterstraße 54in1867. at trict includedJohannStrauß, whocomposed The BlueDanubewaltz Donaukanal andtheDanube,greatsofSecondDis- Located between budget shoppingopportunities. toaffordablehousingand tavern life,whileattachinggreatimportance ture ofsmallVienneseneighbourhoodswiththeirtraditional puband in Leopoldstadt. struc- Thismilieuappreciatesthedistrict’surbangrätzel units and twenty thousand jobscreatedintheareaby2025.units andtwentythousand residential should see around ten thousand This gradual development once the Nordbahnhof railway station is already halfway to completion. LEOPOLDSTADT 1020 EOPOLDSTADT ISONEOF flected in the construction projects: development onwhatwasflected intheconstructionprojects:development zones,andahighlysought-afterdistrictasre development U Schottenring U Schwedenplatz ® isespeciallyheavilyrepre CENTRAL DIVERSITY U Stuwer- Vienna’s largestdowntown viertel Praterstern Prater bahnhof Nord- Hauptallee Campus/ Messe WU- U Handelskai Stadion sented U Donaumarina

ALONG THEBANKS OFTHEDANUBE, DONAUUFER IS areas taking up almost forty-five percentofthetotalareadistrict. areas takingupalmostforty-five as wellspectators.Leopoldstadt isespeciallypopular duetothegreen fansonly a district for leisure, but also a recreational area for active sports The Vienna Prater, nearby football stadium, and Praterallee provide not hectares–idealforlongstrollsoutdoors. than fifty-two atmore one oftheoldestandmostculturally significantparksinthecity ofrecreationalandleisureactivitiesinLeopoldstadt. is Augarten variety The district’slocationplacesitwithineasyreachofotherdistrictsanda Prater. andthe Stuwerviertel, Campus, of EconomicsandBusiness(WU) ment. OtherhotspotsinthedistrictincludeViennaUniversity alongside theSecondDistrict’sotherhigh-riseprojectsindevelop TOWER" withresidentialhigh-risessuchas"MARINA riencing arevival Praterkai HOTSPOTS - expe × 22 -

** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to the tree cadastre (2018) * Total of general practitioners, specialists, and dentists *** Source: Statistics Austria, wage tax statistics for 2018, average annual net income for employees in total, in euros, valid as at December 2019 **** Increased purchase price per square metre due to dominant retail and trade zoning © isochrome Wehlistraße 291 / BUWOG

**** Increased purchase price per square metre due to dominant retail and trade zoning **** Increased purchase price per square metre due to dominant retail and trade HOUSING FACTS GOOD TO KNOW

104,946 RESIDENTS 2019 108.0 km OF CYCLE PATHS

52,139 MAIN RESIDENCES 2018 271 DOCTORS*

2.01 PERSONS/HOUSEHOLD 2018 14 DOG ZONES

120 PLAYGROUNDS MOVED IN + 6,239 44.4% GREEN SPACE WITH MOVED OUT – 5,652 8,188 TREES** MIGRATION BALANCE + 587

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 6.4% 0–5 YEARS LEOPOLDSTADT 34.4% +4.2% 8.4% 6–14 YEARS 12.4% 15–24 YEARS AVERAGE INCOME*** 57.9% 25–64 YEARS 14.8% > 65 YEARS € 22,904 LEOPOLDSTADT

€ 22,943 VIENNA AGE 39.3 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 12.10/m2 to € 12.70/m2 OWNER-OCCUPIED weighted average �� € 12.50/m2 FIRST OCCUPANCY �� € 5,400/m2 OTHER �� € 10.50/m2 OTHER �� € 4,000/m2 INVESTMENT PROPERTY �� € 2,400 to € 6,200/m2 ****

In this district, 721 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 218 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total L SPECIAL FEATURES OF DISTRICT proximity todowntownVienna,thisisanotherreasonforthedistrict proximity fromits the latestintechnicalequipmentissoon tograce thearea.Apart centre forresearch,mediaandhousing wasbuilthere;aneventhallwith activities suchastheSt.Marxurbandevelopment area.Astate-of-the-art ofdevelopment avariety District, orsimply“theThird”,hasexperienced TheThird composed hisNinthSymphony,OdetoJoy,atUngargasse46. The ThirdDistricthasseensomechangesinceLudwigvanBeethoven FIRST VIENNARESIDENTIAL REPORT MARKET |2020 Erdberger Ländeand"TheMarks"atSt.Marx. 1030 LANDSTRASSE ANDSTRASSE HAS THE HEAVIEST clude the three residential high-rises in the "TRIIIPLE" projecton clude thethreeresidentialhigh-risesin"TRIIIPLE" ment, and is the definitive area of residential high-rises. These in- INNOVATIVE DEVELOPMENT - develop downtown HOTSPOTS U Stadtpark Stadtpark Quartier Belvedere Quartier U Rennweg Landstraße Landstraßer Gürtel U Landstraßer Hauptstraße Rennweg Rochusgasse attract theHighAchieversSinus-Milieu OTHER MAJOR municipal park,Rochusmarkt,ErdbergerLände,andMais. unceasing popularityofthedistrictasdoareasaroundStadtpark "An derLände36–38",and"Lände3"onErdbergerreflectthe percent ofthelocalgreenspace. to thedistrict’sdiversity. Asdoitsparklandsthatmakeup aroundfifteen Kunst HausWien,Rabenhoftheater, and Akademietheaterstandwitness neighbourhoods, and cultural institutions such as working-class grätzel tractive localscenearound Rochusmarkt, the upmarket embassy quarter, dictions reflectedinthedistrict’s structure:vibrant shoppingstreets,anat- Erdberger Rochus- markt Mais Weißgerberlände U Kardinal-Nagl-Platz St. Marx project developments such as "IU –idyllisch_urban", such as"IU developments project berger Lände Erd- U Schlachthausgasse U ® Erdberg . Landstraße isaplace ofcontra- U Gasometer × 24

** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to the tree cadastre (2018) * Total of general practitioners, specialists, and dentists *** Source: Statistics Austria, wage tax statistics for 2018, average annual net income for employees in total, in euros, valid as at December 2019 Janusch – a visual collective / © BUWOG Döblerhofstraße 10 / BUWOG

HOUSING FACTS GOOD TO KNOW

91,745 RESIDENTS 2019 63.7 km OF CYCLE PATHS

47,309 MAIN RESIDENCES 2018 331 DOCTORS*

1.94 PERSONS/HOUSEHOLD 2018 12 DOG ZONES

60 PLAYGROUNDS MOVED IN + 5,196 14.9% GREEN SPACE WITH MOVED OUT – 4,383 2,203 TREES** MIGRATION BALANCE + 813

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 5.6% 0–5 YEARS LANDSTRASSE 31.8% +1.6% 7.2% 6–14 YEARS 11.1% 15–24 YEARS AVERAGE INCOME*** 59.8% 25–64 YEARS 16.3% > 65 YEARS € 24,172 LANDSTRASSE

€ 22,943 VIENNA AGE 40.9 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 12.20/m2 to € 13.00/m2 OWNER-OCCUPIED weighted average �� € 12.70/m2 FIRST OCCUPANCY �� € 5,600/m2 OTHER �� € 11.00/m2 OTHER �� € 4,100/m2 INVESTMENT PROPERTY �� € 2,400 to € 4,600/m2

In this district, 876 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 301 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total T SPECIAL FEATURES OF DISTRICT around tenpercentofthedistrict’sarea.ThePostmaterialistsSinus-Milieu Wieden hasitsattractions forresidentsevenifgreenspace only takesup FIRST VIENNARESIDENTIAL REPORT MARKET |2020 tions. There are exciting project developments such as on Argentinier developments project are There exciting tions. come toberegardedasamainmetro junctionwithmuchtoofferinterms has centre. Karlsplatz prestigious residential environment close to the city appreciate thediverserestaurants and cafésandthecentrally located, paths.HighAchieversareequallywell-representedasthey work ofcycle resian AcademyandtheTechnical andthewell-developednet- University, tolearninginstitutionssuchastheThe- appreciates thedistrict’sproximity 1040 HE FOURTH DISTRICT Hauptstraße is undergoing some highly attractive transforma is undergoing highly some attractive Hauptstraße Wiedner so, Even scarce. relatively are projects construction tial WIEDEN Nasch- markt is rather small in area andis rather residen BLISSFUL LIVING IN WIEDEN viertel haus- Frei- U Karlsplatz U tiroler Favoritenstraße Platz Süd- Taubstummengasse Argenti- straße nier- U

Südtiroler Platz Hauptbahnhof

® - - -

Prinz-Eugen-Straße Freihausviertel. and Naschmarkt include district the in hotspots Other services. railway regional and metro Vienna the to links transport good its to due mainly is which popular, is Platz Südtiroler around area The District. First the to border the along as well as straße Radio Symphony Orchestra – is located next doortoArgentinierstraße. Radio SymphonyOrchestra –islocatednext TheFunkhausWienbroadcastingcentre–hometotheVienna Karlspatz. considered tobeoneofthelandmarks ofVienna,arelocated right at from that, the Otto WagnerApart Pavillon and the Church of St. Charles, Lord later. MayorofVienna,wasbornjustunderacentury 13place atKarlsplatz in1741, whichisalsowhereDr. KarlLueger,aformer of historicalandcultural value:AntonioVivaldifoundhisfinalresting HOTSPOTS × 26

HOUSING FACTS GOOD TO KNOW

33,263 RESIDENTS 2019 15.2 km OF CYCLE PATHS

17,219 MAIN RESIDENCES 2018 178 DOCTORS*

1.93 PERSONS/HOUSEHOLD 2018 2 DOG ZONES

38 PLAYGROUNDS MOVED IN + 2,254 10.0% GREEN SPACE WITH MOVED OUT – 1,864 539 TREES** MIGRATION BALANCE + 390

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 4.9% 0–5 YEARS WIEDEN 32.4% +2.2% 6.8% 6–14 YEARS 11.5% 15–24 YEARS AVERAGE INCOME*** 59.8% 25–64 YEARS 17.0% > 65 YEARS € 25,878 WIEDEN

€ 22,943 VIENNA AGE 41.5 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 13.00/m2 to € 13.50/m2 OWNER-OCCUPIED weighted average �� € 13.20/m2 FIRST OCCUPANCY �� € 5,700/m2 OTHER �� € 11.20/m2 OTHER �� € 4,200/m2 INVESTMENT PROPERTY �� € 3,200 to € 4,400/m2

In this district, 277 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 118 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total T SPECIAL FEATURES OF DISTRICT between theHauptbahnhofmainrailwaystationandFifthDistrict locals, is home to the alternative arts scene, so it comes as no surprise locals, is home to the alternative arts the hotsummermonthsincity. TheFifthDistrict,or“the Fifth”tothe a hostofcafésandrestaurants butalso welcomeshadefromthesunin those whoknowthedistrict–suchas Schlossquadrat, providenotonly in someoftheolderbuildings–often hiddenawayandonlyfamiliar to trict haslostnoneofitsrusticcharm:publiclyaccessibleinnercourtyards Evenso,theFifthDis- ofstart-ups. developed intoahipareawithplenty Margareten usedtobeknownasaworking-classdistrict,buthassince FIRST VIENNARESIDENTIAL REPORT MARKET |2020 1050 MARGARETEN Platz. Theareaalsobenefitsfrommodernhigh-risebuildings Platz. ready initiatedanincreaseinpricesaroundMatzleinsdorfer HE ONGOINGEXTENSION U Margaretengürtel RUSTIC CHARM to themetronetworkhasal- Reinprechtsdorfer Straße Reinprechtsdorfer U Pilgramgasse Matzleinsdorfer Platz Matzleinsdorfer Nasch- Margare- markt tenplatz U Kettenbrückengasse hotspots ofthedistrict. areamongstthe District.NaschmarktandMargaretenplatz with theSixth years,andiscatchingupundergone substantialupgradinginthelastfew as wellthemajorcompaniessettingupshopthere.Margaretenhas Escapists Sinus-Mileu at Ziegelofengasse37. Evennow,thedistrictisespeciallyattractive tothe that Falco hit,here wroteDerKommissar, hismajorinternationalchart parks despite the low proportion ofgreenspaceat just4.4percent. parks despitethelowproportion attractive toDigitalIndividualists.The district hasanumberofsmallpublic trendy barandrestaurant scene,which alsomakesMargaretenespecially anda ofspaceforattractive studenthousing,cultural diversity, plenty percentindevelopedareaprovides to theViennaBeltway. Nearlysixty-five Wiedner Hauptstraße ® , whoalsoappreciatesthelowcostofhousingclose HOTSPOTS × 28

** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to the tree cadastre (2018) * Total of general practitioners, specialists, and dentists *** Source: Statistics Austria, wage tax statistics for 2018, average annual net income for employees in total, in euros, valid as at December 2019 © EHL © Margaretenstraße 131–135 / EHL Immobilien

HOUSING FACTS GOOD TO KNOW

55,407 RESIDENTS 2019 26.0 km OF CYCLE PATHS

29,355 MAIN RESIDENCES 2018 145 DOCTORS*

1.89 PERSONS/HOUSEHOLD 2018 8 DOG ZONES

62 PLAYGROUNDS MOVED IN + 3,407 4.4% GREEN SPACE WITH MOVED OUT – 3,050 758 TREES** MIGRATION BALANCE + 357

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 5.3% 0–5 YEARS MARGARETEN 37.6% +7.4% 6.6% 6–14 YEARS 11.9% 15–24 YEARS AVERAGE INCOME*** 62.3% 25–64 YEARS 14.0% > 65 YEARS € 20,479 MARGARETEN

€ 22,943 VIENNA AGE 39.6 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 11.80/m2 to € 12.30/m2 OWNER-OCCUPIED weighted average �� € 12.00/m2 FIRST OCCUPANCY �� € 5,200/m2 OTHER �� € 10.70/m2 OTHER �� € 3,900/m2 INVESTMENT PROPERTY �� € 2,050 to € 3,500/m2

In this district, 355 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 87 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total A SPECIAL FEATURES OF DISTRICT line. There are few constructionprojectshereduetothewell-developed line. Therearefew The HighAchieversSinus-Milieu tional chainstores. oflocalandindividualshopsaswellinterna provide awidevariety StraßeMariahilfer Straße, Austria’slongesthighstreet,andGumpendorfer percent: here thatitmakesupforthelackofgreenspaceatonlytwo You is sogreat inMariahilf.Thevariety canargueabout taste–except FIRST VIENNARESIDENTIAL REPORT MARKET |2020 and pedestrianprecincts.Naschmarkt isasattractive toHighAchievers paths terialists enjoytheabundanceofplaces tomeetaswellthecycle 1060 MARIAHILF and planned metro extension linkingMariahilftotheU2metro and plannedmetroextension designedMariahilferStraßein attractivenessfromthenewly LREADY WELL-DEVELOPED ® especiallyappreciatesthis, while Postma- U Gumpendorfer Straße Gumpendorfer U TASTEFUL VARIETY Westbahnhof U Margaretengürtel , the Sixth Districtisgaining , theSixth Mariahilfer Straße U Zieglergasse Gumpendorfer Straße Gumpendorfer Maria- Straße hilfer

the areasaroundNaschmarktandGetreidemarkt. Straßeand Sought-after residentialareasmainlyincludeGumpendorfer the definite slopetowards Westbahnhof railwaystationandtheBeltway. nature ofthearea.Nonetheless,demandforhousingishigh,albeitwitha at MariahilferStraße 45in1790. The theatrewasnamedafter the actorFerdinand Raimund, whowasborn Raimund Theater,whichismainlyused formusicals,isonesuchattraction. ums, collections,andtheatresprovide thedistrict’scultural highlights.The satisfaction untilthelateeveninghours. Animpressiverange ofmuse- ofdiningestablishments,fineeatersareguaranteed catessens toavariety market stallson an area of 2.3 hectares. From gourmet deli and twenty andflairwitharoundahundred lively environmentbrimmingwithlifestyle dayseesanunusuallyas itistoanyothervisitorthedistrict:every U U Neubaugasse Pilgramgasse Gumpen- Straße dorfer Mariahilfer Straße U Kettenbrückengasse U HOTSPOTS Museumsquartier Nasch- Getreide- markt markt × 30

**** Increased purchase price per square metre due to dominant retail and trade zoning **** Increased purchase price per square metre due to dominant retail and trade HOUSING FACTS GOOD TO KNOW

31,864 RESIDENTS 2019 18.5 km OF CYCLE PATHS

16,999 MAIN RESIDENCES 2018 191 DOCTORS*

1.87 PERSONS/HOUSEHOLD 2018 3 DOG ZONES

37 PLAYGROUNDS MOVED IN + 2,102 2.1% GREEN SPACE WITH MOVED OUT – 1,733 512 TREES** MIGRATION BALANCE + 369

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 4.6% 0–5 YEARS MARIAHILF 30.2% +0.0% 5.5% 6–14 YEARS 11.7% 15–24 YEARS AVERAGE INCOME*** 63.0% 25–64 YEARS 15.2% > 65 YEARS € 23,971 MARIAHILF

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 12.70/m2 to € 13.20/m2 OWNER-OCCUPIED weighted average �� € 13.10/m2 FIRST OCCUPANCY �� € 5,500/m2 OTHER �� € 11.10/m2 OTHER �� € 4,100/m2 INVESTMENT PROPERTY ��€ 2,100 to € 5,100/m2 ****

In this district, 268 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 92 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total W SPECIAL FEATURES OF DISTRICT restaurants, and cheery publife: restaurants,Postmaterialists, High Achievers, and and cheery studios,cafésand ofNeubauwithitsfascinating melangeofart riety Three Sinus-Milieus bles wereoncelocated. turned intoahistoricallyvaluablecultural attraction wheretheroyalsta- Neubaugasse andMuseumsquartier.Loritz-Platz, Thelast ofthethreehas Urban- Vienna’s creativecentreliesintheSeventhDistrictbetween FIRST VIENNARESIDENTIAL REPORT MARKET |2020 and is still a very popularresidentialdistrict.Demandforhousingis and isstillavery 1070 NEUBAU ALKING THROUGH THEDISTRICT Even so, Neubau still excels initswiderangeofattractions, Even so,Neubaustillexcels tiveness becomesapparentthecloseryougettoBeltway. ® in particular havecometoenjoy thecultural va- inparticular COOLER THAN THIS IT DOESN’T GET MUCH U U Burggasse-Stadthalle Thaliastraße U , thedropinattrac- Westbahnhof Schottenfeldgasse U Burggasse Zieglergasse Neubaugasse

Lindengasse Weghuberpark andJosef-Strauß-Park. and workinginthedistrictstillfindoutdoor inspiration intheparkssuchas 3.3 percentgreenspace.Nonetheless, manyoftheyoungdesignersliving to arestaurant aswelltheNeubau district museum.Neubau has only house isaself-managedcultural andcommunicationscentre,home the neighbourhoodsavedAmerlinghausfromdemolition.Today, the at Stiftgasse8in1887. architects, and peoplefrom ofartists, Theefforts Digital Individualists.ThepainterFriedrichRittervonAmerlingwasborn rently underconstruction. District; whatwillbethetallestresidentialhigh-riseindistrictiscur- "Über denLinden"isoneoftheconstructionprojectsinSeventh andNeubaugassehotspots. especially higharoundtheMuseumsquartier U Siebensterngasse Neubaugasse Mariahilfer Straße HOTSPOTS U Volkstheater quartier Muse- ums-

× 32

**** Increased purchase price per square metre due to dominant retail and trade zoning **** Increased purchase price per square metre due to dominant retail and trade HOUSING FACTS GOOD TO KNOW

32,288 RESIDENTS 2019 17.8 km OF CYCLE PATHS

17,748 MAIN RESIDENCES 2018 182 DOCTORS*

1.82 PERSONS/HOUSEHOLD 2018 2 DOG ZONES

46 PLAYGROUNDS MOVED IN + 2,109 2.3% GREEN SPACE WITH MOVED OUT – 1,714 570 TREES** MIGRATION BALANCE + 395

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 4.9% 0–5 YEARS NEUBAU 29.8% -0.4% 5.8% 6–14 YEARS 11.5% 15–24 YEARS AVERAGE INCOME*** 63.4% 25–64 YEARS 14.4% > 65 YEARS € 25,100 NEUBAU

€ 22,943 VIENNA AGE 40.3 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 12.70/m2 to € 13.20/m2 OWNER-OCCUPIED weighted average �� € 13.10/m2 FIRST OCCUPANCY �� € 6,000/m2 OTHER �� € 11.10/m2 OTHER �� € 4,500/m2 INVESTMENT PROPERTY ��€ 3,200 to € 7,200/m2 ****

In this district, 282 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 114 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total D SPECIAL FEATURES OF DISTRICT Josefstadt anylessattractive. ifit doesn’t makeThis hasaffectedtheprices of housingavailableeven lieu the EighthDistrictespeciallyattractive forthePostmaterialistsSinus-Mi- diverse range of cafés and restaurants at this traffic-calmed location makes ofcultural leisureattractions togetherwiththeethnically The widevariety Lenaugasse 19 wasnamedafterthelatter. Werner havegraced thestagehere.TheOskar-Werner-Hof buildingat est theatre.GreatactorsandpoetssuchasJohannNestroyOskar The theatre house in Josefstadt was founded in 1788, and is Vienna’s old FIRST VIENNARESIDENTIAL REPORT MARKET |2020 1080 ® . Green areas only account for just under two percentinJosefstadt, . Greenareasonlyaccountforjustunder two JOSEFSTADT EMAND FORHOUSING of free space and resulting low volumeofconstructionactivity.of freespaceandresultinglow Vienna’s smallestdistrict,whichismainlyduetotheshortage U Josefstädter Straße is highandavailabilityscarcein SCENIC HERITAGE Josefstädter Straße Alser Straße Lerchenfelder Straße städter Straße Josef Laudon- gasse

rently underconstructiononBlindengasseneartheJosefstädterStraße as wellgreeningfortrafficcalming.Anotherresidentialprojectiscur- residentialprojectonTrautsongasse withanew Lange Gasse, nearby, hotspot. THE DISTRICT BENEFITS FROM NEWPLACES students andfamilies. Vienna close by and easy to reach, which is greatly appreciated by many of offer, thedistrictisalsoknownasa school districtwiththeUniversity in 1812. fromcultural andhistoricalhighlightsthatJosefstadt hasto Apart the lastyearsofhislifeasaresident oftheEighthDistrictuntilhisdeath Also EmanuelSchikaneder,actorandauthorofTheMagicFlute,spent ofbarsandrestaurants torelaxin. squareswithaninvitingvariety “Platzl” percentbuilt-upareaprovideslotsofsmallViennese but theseventy U Rathaus HOTSPOTS to meeton × 34

HOUSING FACTS GOOD TO KNOW

25,466 RESIDENTS 2019 11.3 km OF CYCLE PATHS

13,248 MAIN RESIDENCES 2018 317 DOCTORS*

1.92 PERSONS/HOUSEHOLD 2018 3 DOG ZONES

17 PLAYGROUNDS MOVED IN + 3,740 1.9% GREEN SPACE WITH MOVED OUT – 3,329 479 TREES** MIGRATION BALANCE + 411

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 4.4% 0–5 YEARS JOSEFSTADT 31.1% +0.9% 5.7% 6–14 YEARS 14.4% 15–24 YEARS AVERAGE INCOME*** 59.9% 25–64 YEARS 15.5% > 65 YEARS € 25,142 JOSEFSTADT

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 12.90/m2 to € 13.50/m2 OWNER-OCCUPIED weighted average �� € 13.20/m2 FIRST OCCUPANCY �� € 6,500/m2 OTHER �� € 11.40/m2 OTHER �� € 4,700/m2 INVESTMENT PROPERTY �� € 3,400 to € 4,400/m2

In this district, 137 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 46 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total T SPECIAL FEATURES OF DISTRICT Communication and the main university campus at Altes AKH, theformer campusatAltesAKH, Communication and themainuniversity of theDepartment universities closebysuchastheMedUni atAltesAKH, Sinus-Milieu straße aswellthestudenthalls,especially amongsttheHighAchievers ofAlserbach north built quarters trict especiallybenefitsfromthenewly and theSchauspielhaustheatreproviding avariedprogramme. Thedis- Sigmund-Freud-Museum, Volksoper opera house,aswelltheWUK andculturewithmuseumssuchasPalaisLiechtenstein arts tobaskinthe opportunity The NinthDistrictgivesyoutheperfect FIRST VIENNARESIDENTIAL REPORT MARKET |2020 under development onGrünentorgasse,Pfluggasse,Liechtensteinstraße,under development housing thatwithnew Althangrund. Thereisplentyofconstructionbeyond 1090 ALSERGRUND HE LARGEST PROJECT DEVELOPMENT nomics and Franz-Josefs-Bahnhof railway station, known asnomics andFranz-Josefs-Bahnhof railwaystation,known District istakingplacebetweentheformerUniversityofEco- ® . Ontheotherhand,Postmaterialists appreciatethemany U Alser Straße U Michelbeuern-AKH VIENNESE EPICURISM U Währinger Straße U Nussdorfer Straße Nussdorfer Nussdorfer Straße Nussdorfer Altes AKH Währinger Straße Alser Straße in the Ninth U -

Bahnhof Spittelau Josefs- Franz-Josefs-Bahnhof Franz- provide comfortable places torelaxandindulgeinalittlesport. provide comfortable Just oversevenpercentgreenspacesuch astheparksalongDonaukanal ofattractions forstudents. ated localscenewithplenty ofeducationalfacilities andtheassoci- areas inAlsergrundwithavariety ofrecreational lived atPasteurgasse4foryears.There isalsonoshortage famous fortheeponymous felinethoughtexperiment winning physicist Schrödinger – the Nobel prize- being Erwin ligentsia, one prime example beenhometotheintel- Vienna General Hospital.Thisdistricthasalways kanal. andaroundDonau- astheAltesAKH, na GeneralHospitalsiteknown Vien- aswelltheareaaroundprevious include Servitenviertel project currentlyunderconstruction.Popular hotspotsinthedistrict housing luxury Straße.Berggassealsohasanexclusive and Nußdorfer U U Schottentor - Serviten Friedensbrücke viertel U Roßauer Lände Donau- kanal U Schottenring HOTSPOTS × 36

HOUSING FACTS GOOD TO KNOW

41,958 RESIDENTS 2019 41.3 km OF CYCLE PATHS

22,972 MAIN RESIDENCES 2018 567 DOCTORS*

1.83 PERSONS/HOUSEHOLD 2018 3 DOG ZONES

44 PLAYGROUNDS MOVED IN + 3,495 7.5% GREEN SPACE WITH MOVED OUT – 2,710 1,227 TREES** MIGRATION BALANCE + 785

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 4.9% 0–5 YEARS ALSERGRUND 32.5% +2.3% 6.0% 6–14 YEARS 13.3% 15–24 YEARS AVERAGE INCOME*** 60.6% 25–64 YEARS 15.1% > 65 YEARS € 24,701 ALSERGRUND

€ 22,943 VIENNA AGE 39.9 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 12.70/m2 to € 13.30/m2 OWNER-OCCUPIED weighted average �� € 13.10/m2 FIRST OCCUPANCY �� € 6,100/m2 OTHER �� € 11.20/m2 OTHER �� € 4,400/m2 INVESTMENT PROPERTY �� € 2,300 to € 4,400/m2

In this district, 357 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 139 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total F SPECIAL FEATURES OF DISTRICT ing it into the most attractive district for construction and development. ing itintothemostattractivedistrictforconstructionanddevelopment. Tenth activityinVienna,turn- ofdevelopment Districthasthehighestlevels combined in more than two hundredthousandinhabitantsalongwiththe combined inmorethantwo ofcultures and languages al greenareasbythesummer of 2020.Avariety tobecompletelyrevitalisedwithaddition- spa gardens,andReumannplatz Prater thatwasalmostcompletelydestroyed inWorld theOberlaa War II, the Wienerberglocalrecreationarea, Laaer Bergwith the Böhmischer percentofthetotalarea.Thisincludesmanyparks, taking upforty-six residentwithgreenspace cient leisureandrecreationalactivitiesforevery Favoriten isVienna’smostpopulousdistrict;however,itstillprovidessuffi- FIRST VIENNARESIDENTIAL REPORT MARKET |2020 1100 FAVORITEN AVORITEN ISINCREASINGLY in this development includethemanyconstructionprojects; in thisdevelopment district toachicresidentialandofficequarter. Themaindrivers Triester Straße GROUNDS FOR JOY changing fromaworking-class Wiener- berg Reumannplatz Keplerplatz U Quartier Südtiroler Platz Favoritenstraße Belve Hauptbahnhof dere U U U U

Alaudagasse Troststraße U Altes Landgut wend- viertel Sonn- under oneroof. developed residentialareasofferingeverything neighbourhoods ornewly feel athomeinthefamily-friendly atmosphere oflessdenselybuilt-up areas withattractive housingcosts,whereasthe Adaptive-Pragmatists will The Traditionals Sinus-Milieu becomes especiallyapparentatViktor-Adler-Marktfoundedin1877. traditional andmodern makethedistrictunique.This interplay between NEW PROJECTS INCLUDE opment. residentialdevel ofnew and"Hoch33"areexamples such as"MySky" residentialhigh-rises U5metroline.New the plannedrouteofnew and BiotopeCityatWienerberg.Thelatterisalreadybenefitingfrom U Oberlaa Oberlaa ® hasitsrootsinlong-establishedresidential Sonnwendviertel aswellBelvedere Sonnwendviertel HOTSPOTS × 38 -

HOUSING FACTS GOOD TO KNOW

204,142 RESIDENTS 2019 112.1 km OF CYCLE PATHS

94,820 MAIN RESIDENCES 2018 248 DOCTORS*

2.15 PERSONS/HOUSEHOLD 2018 19 DOG ZONES

54 PLAYGROUNDS MOVED IN + 9,166 45.9% GREEN SPACE WITH MOVED OUT – 8,364 6,989 TREES** MIGRATION BALANCE + 802

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 7.0% 0–5 YEARS FAVORITEN 36.9% +6.7% 9.2% 6–14 YEARS 12.0% 15–24 YEARS AVERAGE INCOME*** 56.2% 25–64 YEARS 15.7% > 65 YEARS € 19,478 FAVORITEN

€ 22,943 VIENNA AGE 39.4 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 10.90/m2 to € 11.50/m2 OWNER-OCCUPIED weighted average �� € 11.20/m2 FIRST OCCUPANCY �� € 4,500/m2 OTHER �� € 9.40/m2 OTHER �� € 2,900/m2 INVESTMENT PROPERTY �� € 1,550 to € 2,850/m2

In this district, 1.785 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 406 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total S SPECIAL FEATURES OF DISTRICT ment apartments. andinvest- Oberlaa,ashavesubsidisedrental,owner-occupied towards attractions throughouttheyear. ThreeSinus-Milieus of and a Christmasmarket–widevariety door cinema,anOktoberfest, Schloss Neugebäude palace, which is home toamedieval festival, anout- destinations is the area around One of Simmering's popular excursion and publicrecreation,providingaddedvariety. one percentofthegreenspaceindistrictisusedforbothagriculture gether with largely rural areas makes Simmering unique. Just under forty- infrastructureThe combination to- of urban environment andexcellent FIRST VIENNARESIDENTIAL REPORT MARKET |2020 represented intheEleventhDistrict:Traditionals andAdaptive-Pragmatists 1110 SIMMERING IMMERING units have recently been completed in the south of thedistrict socialhousinging itVienna’smostaffordabledistrict.New has ahighconcentrationofsocialhousing,mak- HOTSPOTS St. Marx AWESOME MIX Geiselbergstraße Grillgasse U U U Zippererstraße Gasometer Enkplatz ® areespeciallyheavily U Simmering Linie U3 Simmeringer Hauptstraße

MANY DEVELOPERS tween LeberstraßeandBrehmstraße. Simmeringer HauptstraßeaswellontheformerSiemenssitebe- ment projects for 2020. Currently, there are construction activities along - majordevelop the abundanceoffreespaces,andareplanningnew Austrian personalities that are worth avisit. Austrian personalitiesthatareworth Nouveaubuildingsand themanycenotaphstogreat its prominentArt with is especially steepedinhistory Vienna’scentral cemetery afterwards. ket wasmostlydestroyedattheend of World toberebuiltagain War II, that dates back to 1909.The Simmering market has a history The mar- ße areattractive totheConsumptionOriented. Simmeringshoppingcentre and SimmeringerHauptstra- such astheEKZ estates that go back years, while the affordable shopping opportunities appreciate thedistrict’sneighbourhoodsandfamily-oriented housing A4 Kaiserebersdorf Kaiser ebers- dorf appreciate thesolidinfrastructureaswell × 40

** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to the tree cadastre (2018) * Total of general practitioners, specialists, and dentists *** Source: Statistics Austria, wage tax statistics for 2018, average annual net income for employees in total, in euros, valid as at December 2019 Stephan Huger © BUWOG / Rosa-Jochmann-Ring 2–4 / BUWOG

HOUSING FACTS GOOD TO KNOW

103,008 RESIDENTS 2019 77.1 km OF CYCLE PATHS

47,532 MAIN RESIDENCES 2018 124 DOCTORS*

2.17 PERSONS/HOUSEHOLD 2018 13 DOG ZONES

96 PLAYGROUNDS MOVED IN + 3,564 40.5% GREEN SPACE WITH MOVED OUT – 3,721 5,370 TREES** MIGRATION BALANCE – 157

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 7.3% 0–5 YEARS SIMMERING 29.2% -1.0% 9.8% 6–14 YEARS 11.8% 15–24 YEARS AVERAGE INCOME*** 56.5% 25–64 YEARS 14.6% > 65 YEARS € 21,606 SIMMERING

€ 22,943 VIENNA AGE 38.7 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 10.30/m2 to € 11.00/m2 OWNER-OCCUPIED weighted average �� € 10.50/m2 FIRST OCCUPANCY �� € 4,000/m2 OTHER �� € 9.20/m2 OTHER �� € 2,600/m2 INVESTMENT PROPERTY �� € 1,300 to € 2,500/m2

In this district, 521 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 109 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total G SPECIAL FEATURES OF DISTRICT ning amultifunctionalcommunityprojectontheformerKometsiteto als Sinus-Milieus hardly comesasasurprisethattheConsumptionOrientedandTradition- It andHetzendorf. Markt tothevillage-likestructuressuchasAltmannsdorf from theurbanbustlearoundMeidlingerHauptstraße andMeidlinger ofthe The finestpart Twelfth Districtcanbefoundinthearea ranging FIRST VIENNARESIDENTIAL REPORT MARKET |2020 atmosphere oftheTwelfth District. Traditionals arealsodrawn totheattractive pricesandthesmall-town appreciate Meidlingforitsaffordable housinginpublicestates. 1120 MEIDLING and Wilhelmstraße. Developers areaddressingthisbyplan- and Wilhelmstraße.Developers raise demandforhousing,especiallyonSchönbrunnerStraße OOD TRANSPORT LINKS ® are most heavily attracted to this location. The former OH MY, LOOK AT THAT! to theU4andU6metrolines Hetzendorfer Straße Hetzendorfer - Hetzen dorf Grünbergstraße Hetzendorf U viertel Tivoli-

Schönbrunn shape near Hetzendorf, ahotspotespeciallypopularwithfamilies. shape nearHetzendorf, areaisseeingavarietyofhousingprojectsgraduallytakingdevelopment been completedonRechteWienzeileandArndtstraße.TheWildgarten havealready housingdevelopments the benefitofdistrict.New the ViennaFashion Schoolthatopenedseveral yearsago. church thatisnotrecognisable from theoutside as wellrestaurants and itishometoa isabaroquepalace steeped inhistory; Schloss Hetzendorf ofrecreationalandleisureactivitiesinthepalacegardens. ing avariety provid recreational areassuchasSchlossSchönbrunnpalaceinHietzing, 12.5 linkstonearby percent.However, thedistrictdoeshavegoodtransport ofgreenareasat Compared tootherdistricts,Meidlinghasalowproportion U Am Schöpfwerk Haupt- U manns- straße U Meid- linger U dorf Alt- Meidlinger Hauptstraße Tscherttegasse Philadelphiabrücke U Niederhofstraße U Wienerbergstraße Längenfeldgasse Meidling HOTSPOTS × 42

** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to the tree cadastre (2018) * Total of general practitioners, specialists, and dentists *** Source: Statistics Austria, wage tax statistics for 2018, average annual net income for employees in total, in euros, valid as at December 2019 © schreiner, kastler © schreiner, Leonore-Brecher-Weg / EHL

HOUSING FACTS GOOD TO KNOW

97,634 RESIDENTS 2019 58.3 km OF CYCLE PATHS

47,881 MAIN RESIDENCES 2018 224 DOCTORS*

2.04 PERSONS/HOUSEHOLD 2018 13 DOG ZONES

108 PLAYGROUNDS MOVED IN + 4,352 12.5% GREEN SPACE WITH MOVED OUT – 4,196 4,031 TREES** MIGRATION BALANCE + 156

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 6.2% 0–5 YEARS MEIDLING 34.6% +4.4% 8.5% 6–14 YEARS 11.9% 15–24 YEARS AVERAGE INCOME*** 57.8% 25–64 YEARS 15.6% > 65 YEARS € 20,537 MEIDLING

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 11.20/m2 to € 12.00/m2 OWNER-OCCUPIED weighted average �� € 11.50/m2 FIRST OCCUPANCY �� € 4,500/m2 OTHER �� € 10.20/m2 OTHER �� € 3,100/m2 INVESTMENT PROPERTY �� € 1,900 to € 2,900/m2

In this district, 573 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 129 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total T SPECIAL FEATURES OF DISTRICT into theprivatelifeofAustria’sroyal family. MariaTheresachoseSchloss named itthePalaceofDreams,and thebuildingstilloffersaglimpse The Hermesvillapalaceisalsolocated here.EmpressElisabethlovingly parkfamous foritsrich wildlifelivingfreelyonthegrounds.Tiergarten ishome to theLainzer ofthedistrict.Hietzing intolargeparts extend hills thatpercent green space. This is mainly due to the Wienerwald isseenasVienna’s“greenest”districtatmorethanseventy Hietzing FIRST VIENNARESIDENTIAL REPORT MARKET |2020 Ober St.Veit hotspotamongstotherlocations. opments aretobefoundintheLainzandSpeisingareasaswell 1130 HIETZING HE THIRTEENTH DISTRICT - housing devel Tierpark Schönbrunn zoological gardens. New families duetoitslargeshareofgreenspaceandproximity LIVING LIKE AN EMPEROR is highlypopularamongst Wolf inderAu St. Veit Ober U Hütteldorf U Ober St.Veit Lainz U compared tothetotalareaofHietzing. scarceas Jagdschlossgasse.Evenso,constructionactivityissomewhat buildings,such ket locationsarefindingincreasinguseforapartment underconstruction.Oldmansionsandvillasinupmar- developments the populace: the PostmaterialistsSinus-Milieu still hasvisibleandpalpabletraces of royallifethatcanevenbeseenin ace wassteadilypromotedtothecentreofroyallife.ElegantHietzing Schönbrunn palaceashersummerresidencearound1740, andthepal THE SCHWEIZERTALSTRASSE residential area with its traditional mansions and high-class restaurants. of the district, while theEstablished appreciate the elitist tural variety greenareasmentionedaboveaswellthearchitec - to theextensive Unter St.Veit Lainzer Straße Preyergasse/Speising Preyergasse/Speising U Hietzing Hietzing Alt- Grünbergstraße currently has two new housingcurrently has two new HOTSPOTS ® isespecially attracted × 44

HOUSING FACTS GOOD TO KNOW

53,778 RESIDENTS 2019 62.6 km OF CYCLE PATHS

26,973 MAIN RESIDENCES 2018 368 DOCTORS*

1.99 PERSONS/HOUSEHOLD 2018 3 DOG ZONES

53 PLAYGROUNDS MOVED IN + 1,647 70.6% GREEN SPACE WITH MOVED OUT – 1,797 6,432 TREES** MIGRATION BALANCE – 150

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 5.7% 0–5 YEARS HIETZING 19.9% -10.3% 8.0% 6–14 YEARS 9.8% 15–24 YEARS AVERAGE INCOME*** 52.6% 25–64 YEARS 23.9% > 65 YEARS € 29,575 HIETZING

€ 22,943 VIENNA AGE 44.6 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 12.70/m2 to € 13.30/m2 OWNER-OCCUPIED weighted average �� € 13.00/m2 FIRST OCCUPANCY �� € 6,100/m2 OTHER �� € 11.30/m2 OTHER �� €4,300/m2 INVESTMENT PROPERTY ��€ 2,200 to € 4,800/m2

In this district, 433 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 160 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total T SPECIAL FEATURES OF DISTRICT building from dereliction, converted itintoamuseum,andopenedtothe building fromdereliction,converted Otto Wagner andpurchasedbyErnstFuchsin1972. rescuedthe Theartist off thelistofattractions. Thelastinthe listwasbuiltin1888 byarchitect oftechnology,andtheOtto-Wagner-Villafrom thehistory mansion round such astheTechnical Museumbuiltin1918, andmodels withexhibits and a summer toboggan run and mountain bike trail centre. Museums skislopes, the AllianzStadiumandHoheWand Wiese,oneofVienna’stwo creat percentofthetotalareaPenzing, Green spacetakesupapprox.sixty-one FIRST VIENNARESIDENTIAL REPORT MARKET |2020 berg and Breitensee hotspot areas. There are also attractive developments berg andBreitenseehotspotareas.Therearealsoattractivedevelopments as wellspaciousgreenareas.Families especiallyappreciatetheWolfers- 1140 ing varied leisure and recreational activities: sports fans benefitfrom ing variedleisureandrecreational activities: sports PENZING HE FOURTEENTH DISTRICT transport links(U4metrolineandtheregionalrailwaynetwork) transport althoughmanyfamiliesalreadybenefitfromgood development HOTSPOTS Mauerbachstraße THE GREEN GRANDSTAND Weidlingau still hasplentyofpotentialfor Hadersdorf Wolf inderAu Wolfers U berg Hütteldorf Amundsenstraße

Linzer Straße The Established and Conservatives Sinus-Milieus The EstablishedandConservatives was bornatLinzerStraße 247in1861. Klimt, theworld-famous painterandcofounderoftheViennaSecession, aficionados:Gustav public. There’sonemorehighlightforcultural history and the high-value new buildingprojects. and thehigh-valuenew traditional buildings,attractive residentialareas withdetachedproperties, thehighly withgoodconnectionstothemotorway, on theedgeofcity represented inPenzing.Themainreason forthisisthepeacefullocation demand is also increasing along Hütteldorfer Straße. demand isalsoincreasingalongHütteldorfer Housing BreitenseerStraße,andSchützplatz. Linzer Straße,Leyserstraße, including developments investment apartment The district has several for76 housingdevelopment unitsatPenzinger Straße76.well asanew new in the urban areas of Penzing barracks site as such as at the Körnerkaserne U Hadikgasse Ober St.Veit Hütteldorfer Straße Hütteldorfer Breiten see U Hietzing Penzing Breitensee ® areespeciallyheavily U Johnstraße × 46

** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to the tree cadastre (2018) * Total of general practitioners, specialists, and dentists *** Source: Statistics Austria, wage tax statistics for 2018, average annual net income for employees in total, in euros, valid as at December 2019 © BUWOG / infinityeleven Penzinger Straße 76 / BUWOG

HOUSING FACTS GOOD TO KNOW

92,990 RESIDENTS 2019 89.3 km OF CYCLE PATHS

46,250 MAIN RESIDENCES 2018 229 DOCTORS*

2.01 PERSONS/HOUSEHOLD 2018 8 DOG ZONES

63 PLAYGROUNDS MOVED IN + 3,565 60.7% GREEN SPACE WITH MOVED OUT – 3,523 4,082 TREES** MIGRATION BALANCE + 42

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 6.0% 0–5 YEARS PENZING 26.2% -4.0% 8.0% 6–14 YEARS 10.6% 15–24 YEARS AVERAGE INCOME*** 56.8% 25–64 YEARS 18.5% > 65 YEARS € 23,755 PENZING

€ 22,943 VIENNA AGE 41.9 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 11.20/m2 to € 12.50/m2 OWNER-OCCUPIED weighted average �� € 11.70/m2 FIRST OCCUPANCY �� € 4,700/m2 OTHER �� € 10.50/m2 OTHER �� € 3,200/m2 INVESTMENT PROPERTY �� € 1,900 to € 3,800/m2

In this district, 692 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 177 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total T become more expensive. The area north oftheWestbahnhof Thearea north railwaybecome moreexpensive. station thathave a goodalternativetotheotherdistricts withintheViennaBeltway and restaurants as well as solid affordable housing. The Fifteenth District is stream, andtheConsumptionOriented benefitfromtheaffordablecafés andshoppingfacilities that arealsosuitableforthemain- entertainment, haus: EscapistsandAdaptive-Pragmatists appreciatetheplentifulsports, Three Sinus-Milieus SPECIAL FEATURES OF DISTRICT FIRST VIENNARESIDENTIAL REPORT MARKET |2020 good transport linksandinfrastructure togetherwithaffordablehousing. good transport ter location.Especiallyyoungerpeoplebenefitfromthecentrallocation, RUDOLFSHEIM- 1150 FÜNFHAUS OWNHOUSE RESTORATION has masteredthetransitionfromproblemdistricttosought-af- ty ofconstructionactivitydominatetheFifteenthDistrict,which ® areespeciallyheavilyrepresentedinRudolfsheim-Fünf-

HOTSPOTS BOUNDLESS VARIETY with loft extensions andplen- with loftextensions Linzer Straße U Johnstraße U Schönbrunn Rechte Wienzeile and Schmelz. eight percentgreenareas;thisincludes parkssuchasAuer-Welsbach-Park have beengreeningpublicspacesasthe FifteenthDistrictonlyhasjustover workinggroups two is currentlyundergoingrevitalisation. As anexample, localsuppliessince1833,ences. Schwendermarktmarkethasserved and - providehighlycontrasting shoppingexperi andReindorfgasse Lugner City is especiallylivelywithVienna’sciviccentreanditsdiverseeventscalendar. neighbourhoods contributingtoVienna’sincreasinglivingquality. NIBELUNGENVIERTEL districts outside the Vienna Beltway, some of which are more expensive. districts outsidetheViennaBeltway,someofwhicharemoreexpensive. isagoodalternativetotheother Rudolfsheim-Fünfhaus inparticular Hütteldorfer Straße Hütteldorfer lungen- viertel Nibe- Rustengasse U Reindorf-/ Rusten- viertel Schweglerstraße Felberstraße U Reindorfgasse Meidlinger Hauptstraße and Sechshaus have developed intopopularand Sechshaushave developed Mariahilfer Straße U Längenfeldgasse U Gumpendorfer Straße Gumpendorfer Sechs- haus U Westbahnhof bahn- West- hof

× 48

Linke Wienzeile 280 / BUWOG

HOUSING FACTS GOOD TO KNOW

77,621 RESIDENTS 2019 35.4 km OF CYCLE PATHS

39,227 MAIN RESIDENCES 2018 150 DOCTORS*

1.98 PERSONS/HOUSEHOLD 2018 8 DOG ZONES

72 PLAYGROUNDS MOVED IN + 5,258 8.7% GREEN SPACE WITH MOVED OUT – 4,865 2,326 TREES** MIGRATION BALANCE + 393

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% RUDOLFSHEIM- 5.9% 0–5 YEARS +12.1% FÜNFHAUS 42.3% 7.3% 6–14 YEARS 12.9% 15–24 YEARS AVERAGE INCOME*** 60.4% 25–64 YEARS 13.5% > 65 YEARS € 18,528 RUDOLFSHEIM-FÜNFHAUS

€ 22,943 VIENNA AGE 38.9 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 10.90/m2 to € 12.20/m2 OWNER-OCCUPIED weighted average �� € 11.50/m2 FIRST OCCUPANCY �� € 4,400/m2 OTHER �� € 10.30/m2 OTHER �� € 3,000/m2 INVESTMENT PROPERTY ��€ 2,000 to € 3,000/m2

In this district, 675 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 137 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total B SPECIAL FEATURES OF DISTRICT Milieu DistrictisdominatedbytheEscapistsSinus- Surprisingly, theSixteenth fortheinhabitants ofthemansionsinthisarea.of leisureopportunities overthecapital. Theareaissurroundedbyplenty a magnificentview thousandsquaremetresofparklandoffering lies inthemidstoftwelve metro stationthroughthedistrictuptoWilhelminenbergCastle,which One ofVienna’smanyurbanhikingtrails leadsacrossfromOttakring FIRST VIENNARESIDENTIAL REPORT MARKET |2020 projects is currently under development onRosseggergasseatthebaseprojects iscurrentlyunderdevelopment 1160 ® OTTAKRING ; this milieu is particularly drawn tothemulticulturalism; thismilieuisparticularly and ETWEEN THEBELTWAYETWEEN thoroughly mixed population. One of the few new housing new thoroughly mixedpopulation.Oneofthefew Districthashighlyvariedstructuresandattractsa Sixteenth HOTSPOTS - Gallitzin berg minen- Wilhel- berg WESTERN FLAIR and the Wienerwald hills,the and theWienerwald Wilhelminenstraße Thaliastraße U Kendlerstraße U Hernalser Hauptstraße Ottakring Hernals

as ahotspotinOttakring. some ofithasmovedovertotheneighbouringstreetssecuringitsplace waning,but isslowly ThehypeofYppenplatz alongside Gallitzinberg. of theslopeupWilhelminenberg,whichisonedistrict’shotspots area ofthedistrictconsistsgreen space. percentofthewhole ing impromptutheatresinEurope. Around thirty theatre foundedallthewaybackin1909, whichisoneofthelastremain- Brunnenmarkt. Intermsofculture,Ottakring hastheTschauner Bühne andthehipVienneseneighbourhoodssuchas pubs neartheBeltway ofpeopleinthetrendy mixture is alsoattractive duetothecheerful enna, especially on Thaliastraße and Ottakringer Straße. The “Sixteenth” ofVi- varied supplyofshops,cafésandrestaurants inthewesternpart Yppen- platz U Thaliastraße U Josefstädter Straße U Alser Straße × 50

HOUSING FACTS GOOD TO KNOW

103,785 RESIDENTS 2019 42.5km OF CYCLE PATHS

51,754 MAIN RESIDENCES 2018 202 DOCTORS*

2.01 PERSONS/HOUSEHOLD 2018 2 DOG ZONES

83 PLAYGROUNDS MOVED IN + 5,026 30.1% GREEN SPACE WITH MOVED OUT – 4,734 3,326 TREES** MIGRATION BALANCE + 292

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 6.2% 0–5 YEARS OTTAKRING 36.5% +6.3% 7.9% 6–14 YEARS 11.8% 15–24 YEARS AVERAGE INCOME*** 58.8% 25–64 YEARS 15.4% > 65 YEARS € 21,168 OTTAKRING

€ 22,943 VIENNA AGE 40.0 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 11.00/m2 to € 12.00/m2 OWNER-OCCUPIED weighted average �� € 11.40/m2 FIRST OCCUPANCY �� € 4,500/m2 OTHER �� € 10.40/m2 OTHER �� € 3,000/m2 INVESTMENT PROPERTY �� € 2,100 to € 3,450/m2

In this district, 998 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 211 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total T SPECIAL FEATURES OF DISTRICT struction activity on the few remainingsitesavailablefordevelopment. struction activityonthefew improvement willseeanupsurgeinpricesaswellincreasedcon- tribute tothedistrict.Hernalsismainly hometotheEscapistsSinus-Milieu for hisViennesesongcompositions including “DumeinliebstesHernals”in Andreas Schindlauer, who wasborn at Mariengasse 7 in 1892, wasknown leries, andsuburbanwinetaverns. studios,gal- ofattractions suchasurban cabarets,artists' mixture cheerful have themuseumsandtheatresofotherdistricts,butitstillhasa A uniquecultural scenedominatesHernals–the“Seventeenth”doesn’t FIRST VIENNARESIDENTIAL REPORT MARKET |2020 1170 HERNALS travel from Karlsplatz to Elterleinplatz from 2025 onwards. This to Elterleinplatz travel from Karlsplatz major upswingduetotheconstructionofU5metroline HE SEVENTEENTHDISTRICT FROM HERNALS PROUD TO BE HOTSPOTS is currently experiencing a is currentlyexperiencing Heuberg waldegg Neu ® ,

Alszeile trict. such asNeuwaldeggandHeubergarerecognisedhotspotsofthedis- at with agradientbetweentheurbanBeltwayareaandcalmcountry LIKE OTTAKRING, HERNALS ISA VERY MIXED DISTRICT account formorethanhalfofthedistrict. ofthegreenareasthat wald hills,whichtakeupaconsiderable proportion closetotheWiener- residential atmospherefoundmainly in thenorthwest suburb with its peaceful Even so, Hernals can be described as a typical appealtothisgroup. bourhood andnearbyBeltway tothealternative pub sceneinthe neigh- priced housingandproximity Attractively which especiallyappreciatesthemixofculturesandlifestyles. mosphere around the Wienerwald hills.Long-establishedlocations mosphere aroundtheWienerwald Hernalser Hauptstraße

Hernals Wattgasse Elterlein- platz U Alser Straße × 52

HOUSING FACTS GOOD TO KNOW

57,292 RESIDENTS 2019 35.4 km OF CYCLE PATHS

28,479 MAIN RESIDENCES 2018 195 DOCTORS*

2.01 PERSONS/HOUSEHOLD 2018 3 DOG ZONES

39 PLAYGROUNDS MOVED IN + 3,020 53.0% GREEN SPACE WITH MOVED OUT – 2,805 2,461 TREES** MIGRATION BALANCE + 215

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 6.1% 0–5 YEARS HERNALS 34.6% +4.4% 7.9% 6–14 YEARS 11.7% 15–24 YEARS AVERAGE INCOME*** 58.5% 25–64 YEARS 15.9% > 65 YEARS € 22,386 HERNALS

€ 22,943 VIENNA AGE 40.1 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 10.70/m2 to € 11.50/m2 OWNER-OCCUPIED weighted average �� € 11.30/m2 FIRST OCCUPANCY �� € 4,250/m2 OTHER �� € 10.20/m2 OTHER �� € 3,000/m2 INVESTMENT PROPERTY ��€ 2,200 to € 4,000/m2

In this district, 430 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 102 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total D SPECIAL FEATURES OF DISTRICT spots includeKutschkermarkt,WähringerCottage,andSchafberg. ket areapopulatedbymanyofthe uppermiddleclass.Alsothepoet suburbandistrictwithanupmar This positionsWähring asatypical English architecturefromaround1873 towardstheinsideofdistrict. basedon orcottagequarter, contrasts withtheCottageviertel, the Beltway architecture near of the district. The preponderance of Wilhelminian-style goingbackto1885markt hasahistory andisseenasthebeatingheart One ofVienna’slastremainingstreetmarketsisinWähring –Kutschker- FIRST VIENNARESIDENTIAL REPORT MARKET |2020 1180 WÄHRING of the most expensive residentialdistrictsinVienna.Popular hot- of themostexpensive as ever. Währingisstilloneofthemostsought-after,ifalso EMAND FOR HOUSING Schaf- in theEighteenthDistrictisashigh berg DELICATE SUBURBIA leins- Pötz- dorf HOTSPOTS Gersthofer Straße Währinger Krottenbachstraße Cottage

houses, adding modern, high-quality loft extensions. houses, addingmodern,high-qualityloftextensions. Straße. Moreemphasishasbeenplacedonrestoringtheoldtown- housingprojectssuchasonGersthofer fromoccasionalnew apart and short storiesduringthattime.ThePostmaterialistsSinus-Milieu and short fore hisdeathin1931, novels, andpennedmanyofhisfamous plays, 71 lived at Sternwartestraße years be- Schnitzler Arthur for nearly twenty THERE ISNOT MUCHCONSTRUCTION ACTIVITY spaces includeTürkenschanzpark Schlosspark. andPötzleinsdorfer forthesegreen percentofthetotalareadistrict.Examples ty-seven - closer todowntownasmuchthelarge greenspacesthattakeuptwen appreciate thefamily-oriented atmosphere andeasyaccesstothedistricts is especiallyheavilyrepresentedinthe EighteenthDistrict.Postmaterialists Gersthof Währinger Straße Türken- schanz- park kermarkt Kutsch U U Währinger Straße Nußdorfer Straße Nußdorfer in Währing × 54 ®

HOUSING FACTS GOOD TO KNOW

51,587 RESIDENTS 2019 28.7 km OF CYCLE PATHS

26,603 MAIN RESIDENCES 2018 356 DOCTORS*

1.94 PERSONS/HOUSEHOLD 2018 4 DOG ZONES

57 PLAYGROUNDS MOVED IN + 2,607 27.0% GREEN SPACE WITH MOVED OUT – 2,408 3,354 TREES** MIGRATION BALANCE + 199

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 5.8% 0–5 YEARS WÄHRING 28.0% -2.2% 7.9% 6–14 YEARS 11.1% 15–24 YEARS AVERAGE INCOME*** 57.6% 25–64 YEARS 17.6% > 65 YEARS € 26,770 WÄHRING

€ 22,943 VIENNA AGE 41.1 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 12.00/m2 to € 13.00/m2 OWNER-OCCUPIED weighted average �� € 12.60/m2 FIRST OCCUPANCY �� € 5,900/m2 OTHER �� € 10.80/m2 OTHER �� € 4,000/m2 INVESTMENT PROPERTY �� € 2,500 to € 4,050/m2

In this district, 488 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 204 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total D SPECIAL FEATURES OF DISTRICT ling. These exclusive parklandareascomewithcorrespondinglyhigh ling. Theseexclusive bourhood. MainlytheEstablishedandPostmaterialistsSinus-Milieus addressforanyonelookingaprestigiousneigh - Döbling isanexcellent FIRST VIENNARESIDENTIAL REPORT MARKET |2020 is also worth avisit. is alsoworth andtheSchmetterlingspfad (butterflypath)atCobenzlfor anexcursion, Hohe Warte, KahlenbergandLeopoldsberg hillsarepopularplacestogo percentofthetotalareadistrict. areas thataccountforalmostfifty whereas Postmaterialistsappreciate the quiettraffic andspaciousgreen traditional shopping,andrestaurants,exclusive bourhoods, high-quality can be foundhere.TheEstablishedareattracted tothemansionneigh- 1190 DÖBLING uptown neighbourhoods such as Sievering andOberdöb neighbourhoodssuchasSievering uptown especially highintheNineteenthDistrict,specifically EMAND FORSPACIOUS, WELL-APPOINTED Sievering WINE WITH PRESTIGE Krottenbachstraße Sieveringer Straße Sieveringer Grinzing Cobenzlgasse döbling Ober- housing is housing is Krottenbachstraße Döblinger Hauptstraße Oberdöbling Warte Hohe ®

U ment. - as HeiligenstädterLändehavebeenseeingsomefascinatingdevelop and families.Bycomparison,locationsclosertotheBeltwaysuch housing prices,sotheareaisdominatedbyrelativelyhighearners century. goesbacktothetwelfth therestaurant’s history is locatedatPfarrplatz; museum isanotherattraction. Vienna’s oldestrestaurant, DerPfarrwirt, festivalinAugust.Thewinemaking lovers togowiththeNeustifterKirtag attractive placeforwineits winetaverns,andisdevelopinginto avery vineyardsgreatlyenrichthedistrict.Döblingisfamous for The extensive ful publicandassociationhousingestates. Döbling has a surprisingly diverse population structure due to the plenti- Heiligenstädter Straße Nußdorfer Straße Nußdorfer U Spittelau U Nußdorf Heiligenstadt HOTSPOTS

× 56

HOUSING FACTS GOOD TO KNOW

72,947 RESIDENTS 2019 58.9 km OF CYCLE PATHS

37,039 MAIN RESIDENCES 2018 512 DOCTORS*

1.97 PERSONS/HOUSEHOLD 2018 5 DOG ZONES

61 PLAYGROUNDS MOVED IN + 3,148 49.9% GREEN SPACE WITH MOVED OUT – 2,912 6,784 TREES** MIGRATION BALANCE + 236

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 5.6% 0–5 YEARS DÖBLING 25.5% -4.7% 8.3% 6–14 YEARS 11.1% 15–24 YEARS AVERAGE INCOME*** 52.8% 25–64 YEARS 22.1% > 65 YEARS € 28,004 DÖBLING

€ 22,943 VIENNA AGE 43.3 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 12.20/m2 to € 13.50/m2 OWNER-OCCUPIED weighted average �� € 13.00/m2 FIRST OCCUPANCY �� € 6,500/m2 OTHER �� € 10.90/m2 OTHER �� € 4,400/m2 INVESTMENT PROPERTY �� € 3,500 to € 4,500/m2

In this district, 506 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 210 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total T SPECIAL FEATURES OF DISTRICT new quarter of forty-four hectares in area is currently under development hectaresinareaiscurrentlyunderdevelopment offorty-four quarter new meadows closeby.meadows and theDanubeforawealthofleisure activitiestogetherwiththeDanube Leopoldstadt, theTwentieth Donaukanal Districtforms anislandbetween inastableneighbourhood. Together comfortable feel particularly with tive-Pragmatists. Traditionals live here in equally strong numbers as they spaces that take up almost eleven percent of the district area attract Adap- onthegreen opportunities linksandthemanysports good transport appreciates theaffordablepricesandtraditional caféculture,whilethe In Brigittenau,theSinus-Milieu FIRST VIENNARESIDENTIAL REPORT MARKET |2020 1200 BRIGITTENAU to the surroundingdistrictsofLeopold generation duetotheaffordablepricesinBrigittenaucompared HE TWENTIETH HE TWENTIETH district isespeciallyattractivetotheyounger ® oftheConsumptionOrientedespecially AH, HOW NICE HOTSPOTS stadt and Alsergrund. A U Spittelau U Friedensbrücke

Adalbert-Stifter-Straße Brigittaplatz Millennium Cityaddressthecontinuouslyhighdemandforhousing. at apartments suchas"AmKai"withthreehundrednew developments mainlybenefitsBrigittenau.Large-scale tieth District.Thisdevelopment on theNordbahnhofrailwaystationsitebetweenSecondandTwen- taurants are particularly popularamongst the populationofdistrict. taurants areparticularly long-established crafts, traditional inns, andinternationalshopsres structure asreflectedbythemulticulturalism ofBrigittenau.Thenearby The Twentieth District has an interesting historically developed infra- of cafésandrestaurants. range at thecinema,shoppingmall,oroneofhippubsextensive fice block–it’salsoapopularplacetomeetandspendtimewithfriends 171-metreThe state-of-the-art MillenniumTower ismorethanjustanof- U Augarten Jägerstraße U Dresdner Straße Handels- westbahn- Nord- kai hof Millen Traisengasse nium City U Handelskai × 58

HOUSING FACTS GOOD TO KNOW

86,502 RESIDENTS 2019 38.0 km OF CYCLE PATHS

43,131 MAIN RESIDENCES 2018 144 DOCTORS*

2.01 PERSONS/HOUSEHOLD 2018 8 DOG ZONES

56 PLAYGROUNDS MOVED IN + 4,733 11.2% GREEN SPACE WITH MOVED OUT – 4,370 3,104 TREES** MIGRATION BALANCE + 363

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 6.2% 0–5 YEARS BRIGITTENAU 37.9% +7.7% 8.3% 6–14 YEARS 12.8% 15–24 YEARS AVERAGE INCOME*** 57.5% 25–64 YEARS 15.2% > 65 YEARS € 18,674 BRIGITTENAU

€ 22,943 VIENNA AGE 39.5 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 10.70/m2 to € 12.70/m2 OWNER-OCCUPIED weighted average �� € 11.50/m2 FIRST OCCUPANCY �� € 4,300/m2 OTHER �� € 10.40/m2 OTHER �� € 2,900/m2 INVESTMENT PROPERTY �� € 2,300 to € 3,400/m2

In this district, 520 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 103 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total T SPECIAL FEATURES OF DISTRICT efficiently plannedandaffordablehousing.Manyconstructionprojects living in,especiallyfortheSinus-Milieu ofmedical caremakethedistrictworth more rural areasandtheexpansion withitsStürmischeTageStammersdorf autumn.These winefestivalevery isknownforitsvillage-likestructuresuchastheareaaroundFloridsdorf FIRST VIENNARESIDENTIAL REPORT MARKET |2020 as in family-friendly housing estates. The middle classes also show a totheDanubeIslandwithitsvariousleisurefacilities aswell proximity Adaptive-Pragmatics, stronglyrepresented here,areinterestedinthe 1210 FLORIDSDORF ers. The sites available provide new prospectsfordeveloping ers. Thesitesavailableprovidenew - makingithighlyattractivetoprojectdevelop development, HE TWENTY-FIRST DISTRICT ® FROM WIEN TO WINE SO CLOSE: oftheTraditionals, whilethe still hasplentyofspacefor Strebersdorf A22 Prager Straße U Neue Donau Am Spitz U Jedlersdorf Floridsdorf

Brünner Straße Brünner Straße hospital, has seen heavy demandforhousing. hospital, hasseenheavy Krankenhaus Nord, or northern district. The areasurroundingthenew former Siemenssite,andonBreitenleerStraßeaddtothebenefitsof onthe along BrünnerStraße,neartheHirschstettenlocalbathingresort, there toenjoylifeontheDanube. living percentgreen space–enoughforeveryone of aroundforty-two such astheGroßfeldsiedlungestate. TheTwenty-First District consists togetherwiththeplentifulpublichousing houses andcellaralleys general atmospherewithitsmarked influencefromwinegrowers’ Thesocialblendinthedistrictarisesfromahoods ontheoutskirts. strong presencehereastheyappreciatetheharmoniousneighbour- Donau

Alte Siemensstraße poldau Leo U U Aderklaaer Straße Großfeldsiedlung U Leopoldau HOTSPOTS × 60

** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to the tree cadastre (2018) * Total of general practitioners, specialists, and dentists *** Source: Statistics Austria, wage tax statistics for 2018, average annual net income for employees in total, in euros, valid as at December 2019 © BUWOG / Stephan Huger Karl-Nieschlag-Gasse 9 / BUWOG

HOUSING FACTS GOOD TO KNOW

165,673 RESIDENTS 2019 204.7 km OF CYCLE PATHS

78,109 MAIN RESIDENCES 2018 248 DOCTORS*

2.12 PERSONS/HOUSEHOLD 2018 10 DOG ZONES

134 PLAYGROUNDS MOVED IN + 4,714 41.5% GREEN SPACE WITH MOVED OUT – 5,117 8,890 TREES** MIGRATION BALANCE – 403

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 6.8% 0–5 YEARS FLORIDSDORF 24.2% -6.0% 9.4% 6–14 YEARS 11.3% 15–24 YEARS AVERAGE INCOME*** 55.6% 25–64 YEARS 16.9% > 65 YEARS € 23,220 FLORISDORF

€ 22,943 VIENNA AGE 40.5 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 10.80/m2 to € 11.50/m2 OWNER-OCCUPIED weighted average �� € 11.10/m2 FIRST OCCUPANCY �� € 4,250/m2 OTHER �� € 10.20/m2 OTHER �� € 2,900/m2 INVESTMENT PROPERTY ��€ 1,500 to € 3,000/m2

In this district, 650 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 149 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total T SPECIAL FEATURES OF DISTRICT has gainedinattractiveness fortheAdaptive-Pragmatists Sinus-Milieu District –whetheralongtheDanubeorinSeestadtAspern.Thelatter Living nearthewaterisalmostcommonplaceinTwenty-Second FIRST VIENNARESIDENTIAL REPORT MARKET |2020 family. percentofDonaustadt’stotalareaconsists Morethansixty ofroomforthewhole time-honoured residentialbuildings withplenty show a strong presence in Donaustadt, as they appreciate the district’s MiddleClassalsotial areasintherural areas.Members oftheNew the EstablishedSinus-Milieu whilewith itsdiverserecreationalfacilities andnearbymetroservice, and DonaufelderStraße. alongWagramerStraßein Vienna.Therearelargeareasfordevelopment 1220 DONAUSTADT HE LARGEAREAS the Twenty-Second districts District one of the fastest-growing Donaustadt are being put to good use for the purpose, making ® preferstherather morepeacefulresiden - available for new constructionprojectsinavailable fornew Donau Alte TOWN ON THE LAKE U Donau- U Donauinsel City Kaisermühlen VIC U HOTSPOTS Alte Donau U Wagramer Straße U Kagran Donaustadtbrücke Raffineriestraße U U U Kagraner Platz Stadlau Rennbahnweg U Hardeggasse U Donauspital U Aspernstraße ®

U Hausfeldstraße NEW INVESTMENT PROJECTS cinema aswellcafés,restaurants, andpubs. besides,a andawiderange ofshopping opportunities and services busy with local shops are always mall, and the adjoining Donau Plex peryear. days DonauZentrum,Vienna’slargestshoppingaround 280 andreadings concerts, shows, provides acultural calendarofvariety totheU1andU2metrolines.TheViennaOrpheum with theextensions links,includingthelocalrecreationareasmentionedabove,transport many visitorstotheOldDanubeandLobau. Allbenefitfromsound green space, which is notonly attractive to its inhabitants but alsothe recreation, it’salsoadesirableresidentialarea. TheOldDanubeisnotonlyaplaceoffeature oftheVienneseskyline. alongthefamousriverwillbeanew the "DanubeFlats"development and inSeestadtAspern, ziagasse withadditionalfreeholdapartments Seestadt Aspern U U Aspern Nord Aspern Seestadt are underconstructiononKonstan- × 62

Adelheid-Popp-Gasse / BUWOG

HOUSING FACTS GOOD TO KNOW

191,008 RESIDENTS 2019 302.1 km OF CYCLE PATHS

86,235 MAIN RESIDENCES 2018 264 DOCTORS*

2.21 PERSONS/HOUSEHOLD 2018 16 DOG ZONES

184 PLAYGROUNDS MOVED IN + 5,416 60.2% GREEN SPACE WITH MOVED OUT – 5,533 9,656 TREES** MIGRATION BALANCE – 117

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 6.8% 0–5 YEARS DONAUSTADT 20.8% -9.4% 10.0% 6–14 YEARS 11.7% 15–24 YEARS AVERAGE INCOME*** 56.3% 25–64 YEARS 15.3% > 65 YEARS € 25,323 DONAUSTADT

€ 22,943 VIENNA AGE 39.7 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 10.80/m2 to € 12.30/m2 OWNER-OCCUPIED weighted average �� € 11.40/m2 FIRST OCCUPANCY �� € 4,400/m2 OTHER �� € 10.20/m2 OTHER �� € 2,900/m2 INVESTMENT PROPERTY ��€ 1,900 to € 3,450/m2

In this district, 1.673 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 477 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total I SPECIAL FEATURES OF DISTRICT cursion makeLiesingespeciallyattractive tothe EstablishedSinus-Milieu - destinationsforanex places. Thisandthegoodconnection to high-quality arelikelytorisein sopricesforresidential properties potential forgrowth, great have remainedastheindustrialareas theyusedtobe.Liesingshows tial areas with good connections to the public infrastructure, and some tures withvineyardsandwinetaverns,somehavedevelopedintoresiden- period couldnotbemorediverse:someareasfeaturevillage-likestruc The “eight villages of the Twenty-Third District” going back to the post-war FIRST VIENNARESIDENTIAL REPORT MARKET |2020 project is one such example. project isonesuchexample. T’S THECOMBINATION: LIESING ISDOMINATED affordable housing. The new "In der Wiesn" non-profit housingaffordable housing. The new neighbourhoodstogetherwithlargeareasavailableforuptown 1230 LIESING Breitenfurter Straße Breitenfurter Mauer MIXED SETS Liesing Liesinger Platz Atzgersdorf Brunner Straße Breitenfurter Straße Breitenfurter by its Erlaaer Straße ® .

U U Siebenhirten U housing benefitingfromthenearbyU6metroline. Straße, theriverLiesingbachandRosenhügelhillwithmoreaffordable ofconstructionalongBreitenfurter the correspondingly high level BROWNFIELD SITES vides plenty of opportunity for high-quality leisureandrecreation. forhigh-quality ofopportunity vides plenty percentofthedistrict’stotalarea, andtheLiesingbachvalleypro- fourteen increasing itslivingquality. hillsalone takeuparound TheWienerwald percent of the total area of the district, Green space takes up just over thirty andalsoSchlossRodaunErlaapalaces. Hietzing, tothe imperialatmosphereof highly traditional areaandproximity arealsowell-representedhere,astheyappreciatethe Conservatives Erlaaer Straße Perfektastraße U Altmannsdorfer Straße Altmannsdorfer Alterlaa have beenrezonedintoresidentialareaswith HOTSPOTS × 64

Meischlgasse 15–17 / BUWOG

HOUSING FACTS GOOD TO KNOW

106,281 RESIDENTS 2019 99.0 km OF CYCLE PATHS

49,719 MAIN RESIDENCES 2018 232 DOCTORS*

2.14 PERSONS/HOUSEHOLD 2018 18 DOG ZONES

98 PLAYGROUNDS MOVED IN + 2,828 30.1% GREEN SPACE WITH MOVED OUT – 3,254 6,746 TREES** MIGRATION BALANCE – 426

DEMOGRAPHIC FACTS

FOREIGN NATIONALS AGE PROFILE OF POPULATION

VIENNA 30.2% 6.5% 0–5 YEARS LIESING 19.7% -10.5% 9.2% 6–14 YEARS 10.4% 15–24 YEARS AVERAGE INCOME*** 54.0% 25–64 YEARS 20.0% > 65 YEARS € 26,063 LIESING

€ 22,943 VIENNA AGE 42.1 YEARS ** Trees on public roads, that is, not in parks and gardens, managed by the municipal authorities according to tree cadastre (2018) ** Trees annual net income for employees in total, euros, valid as at December 2019 average *** Source: Statistics Austria, wage tax statistics for 2018,

HOUSING COSTS (PRICE/m²) RENTED FIRST OCCUPANCY �� € 10.10/m2 to € 11.00/m2 OWNER-OCCUPIED weighted average �� € 10.60/m2 FIRST OCCUPANCY �� € 4,100/m2 OTHER �� € 10.00/m2 OTHER �� € 3,000/m2 INVESTMENT PROPERTY �� € 1,600 to € 3,400/m2

In this district, 661 changes of ownership were registered in the land registry in 2019, with a total sales value of approx. 174 million euros. * Total of general practitioners, specialists, and dentists practitioners, of general * Total © isochrome BUWOG PROJECTS HWB 22–27 kWh/m²a, fGEE 0.75–0.77

→ AROUND 500 OWNER-OCCUPIED FREEHOLD APARTMENTS subject to change Correct as at: December 2019, → COMPLETION: LATE 2021/EARLY 2022 → HIGH-QUALITY FITTINGS → INNOVATIVE SERVICE CONCEPT → WWW.MARINATOWER.AT © BUWOG / infinityeleven LIVING ON THE WATERFRONT MARINA TOWER / 1020 VIENNA, WEHLISTRASSE 291

WAKE UP AND ENJOY THE WATERFRONT VIEW from the AN INNOVATIVE SERVICE CONCEPT includes plans for a poly "MARINA TOWER". BUWOG and IES Immobilien have joined forces in clinic, pharmacy, supermarket, fitness studio, and day-care centre. Resi- constructing the residential high-rise currently under development at dents will also benefit from a concierge service, guest lobby, and home Vienna’s Handelskai, which is due for completion to grace the Vienna cinema. skyline in late 2021/early 2022. The project will include around five hundred freehold residential units with high-quality fittings in a dream of a THE "MARINA DECK" is to be built alongside "MARINA TOWER", human habitat. which will consist of a paved area over the Handelskai area for easy public access to the banks of the Danube. There will also be a café THE ARCHITECTURALLY ELEGANT design of "MARINA TOWER" with a terrace and a fine view over the water. As if the modern design, is set to symbolise the high life on the Danube, as it is surrounded by high-quality fittings, and location at the waterfront were not enough, the

local recreation areas such as the greened Praterallee and Donauinsel. project also has excellent transport links. × subject to change Correct as at: December 2019, 67 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

BROAD GREEN AREAS give the Fourteenth District excellent recre SEVERAL BUS AND TRAM LINE STOPS and the Hietzing U4

HWB 22–27 kWh/m²a, fGEE 0.75–0.77 ational value benefiting the future residents of the Kennedy Garden pro- metro line are a few minutes away on foot, keeping the city centre ject: BUWOG is currently building a complex in several parts totalling 511 within easy reach. units of different sizes at Penzinger Straße 76. The development includes 124 rental apartments as part of a housing initiative focused on housing KENNEDY GARDEN has more than four hundred parking spaces in for single parents as well as plans including 114 freehold rental apartments the underground garage for motorists. × and 273 freehold apartments for owner-occupation.

A GENEROUSLY PROPORTIONED and accessible landscaped in- → 511 RESIDENTIAL UNITS ner courtyard as well as a playground for children and young people → BALCONY, TERRACE, OR LOGGIA add to the compelling features of the development to be completed → EXCELLENT TRANSPORT LINKS by 2022. Recreation areas and extensive jogging routes are available at → SCHEDULED COMPLETION: 2022 the Schönbrunn palace gardens, as are nearby local shops, schools, and → WWW.BUWOG.AT/DE/PROJEKT/KENNEDY-GARDEN

Correct as at: December 2019, subject to change Correct as at: December 2019, grocery and convenience stores. © BUWOG / infinityeleven

Correct as at: December 2019, subject to change Correct as at: December 2019, BUWOG KENNEDY GARDEN Magnolia part A1D1 HWB 24 KWh/m2a, fGEE 0.79 BUWOG KENNEDY GARDEN Hortensia part A2.1 HWB 27 KWh/m2a, fGEE 0.73 BUWOG KENNEDY GARDEN Primula part A2.2 HWB 30 KWh/m2a, fGEE 0.76 BUWOG KENNEDY GARDEN Orchidea part B HWB 23 KWh/m2a, fGEE 0.75 BUWOG KENNEDY GARDEN Lavandula part C HWB 19 KWh/m2a, fGEE 0.76 BUWOG KENNEDY GARDEN Calla part D2 HWB 27 KWh/m2a, fGEE 0.73 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 68

BUWOG Janusch – a visual collective PROJECTS / © BUWOG HWB approx. 22.1 kWh/m²a, fGEE 0.536 approx. HWB 22.1 approx. schneider + schumacher / © BUWOG

→ 84 OWNER-OCCUPIED FREEHOLD APARTMENTS → TERRACE, BALCONY, OR LOGGIA → CLOSE TO OLD DANUBE → SCHEDULED COMPLETION: SPRING 2021 → WWW.GRUENSTUECK.BUWOG.COM HWB 22.62 kWh/m²a, fGEE from up to 0.758

GREEN, GREENER … GRÜNSTÜCK GRÜNSTÜCK22 / 1220 VIENNA, ADELHEID-POPP-GASSE 10

THE URBAN DEVELOPMENT area OASE22 is under construction in one THE GRÜNSTÜCK22 LOCATION is especially attractive for families, of Vienna’s greenest districts. Part of this project includes Grünstück22, a as the surrounding infrastructure already has much to offer with day-care BUWOG development at Adelheid-Popp-Gasse 10 constructing eighty- centres, primary, secondary and high schools, and a polyclinic nearby to four freehold apartments that leave nothing to be desired in terms of provide a safe living experience. fittings, comfort, and infrastructure. After completion scheduled for the spring of 2021, each apartment will meet the usual high BUWOG standards EXCELLENT TRANSPORT links including the Erzherzog-Karl-Straße with underfloor heating, oak parquet, and high-quality bathroom fittings regional railway station a few minutes’ walk away as well as Bahnhof and fixtures. In addition, all the apartments will include outdoor spac- Hirschstetten railway station are within easy reach of the development. es such as terraces, balconies, or loggias. They are set to make a fine Several bus lines stop nearby for quick access to metro lines. Motorists addition to the wide range of leisure and recreational activities that the benefit from convenient parking in the underground garage with the

Twenty-Second District has to offer from the Old Danube alone. highway leading to the city centre in around twenty minutes. × subject to change Correct as at: December 2019, subject to change Correct as at: December 2019, 69 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

URBAN LIVING

HWB approx. 22.1 kWh/m²a, fGEE 0.536 approx. HWB 22.1 approx. IN ST. MARX THE MARKS–TURM 3 / 1030 VIENNA, DÖBLERHOFSTR. 10 schneider + schumacher /

© BUWOG LOCATED IN THE THIRD DISTRICT, St. Marx is one of Vienna’s most attractive urban development areas. BUWOG is also here, developing a new residential high-rise at Döblerhofstraße 10. The ground-breaking ceremony for the "The Marks" development area and BUWOG's 109-metre high, thirty-three-floor building took place in the autumn of 2019. Due for completion in the autumn of 2022, the residential high-rise will have a total of 401 urban residential units consisting of 173 rental apartments in the Wiener Wohnbauinitiative

HWB 22.62 kWh/m²a, fGEE from up to 0.758 (Vienna housing initiative), and 228 freehold apartments, all with the high-quality fittings to be expected from BUWOG. The floor-to- → 401 RESIDENTIAL UNITS ceiling glazing and façade design of the residential high-rise with its → 33 UPPER FLOORS clean lines meld perfectly into the overall concept of "The Marks". → IDEAL TRANSPORT LINKS → DAY-CARE CENTRE RESIDENTS WILL BENEFIT FROM an excellent infrastructure → SCHEDULED COMPLETION: AUTUMN 2022 with local shops as well as grocery and convenience stores close by. The historic gasometers are easily accessible on foot and include a shopping centre, cinema and cafés, pubs and restaurants as well as event venues. A day-care centre will be integrated into the high-rise.

THE LOCATION FEATURES excellent transport links with both the motorway and the U3 metro line’s Gasometer stop only a few minutes away. × Correct as at: December 2019, subject to change Correct as at: December 2019, subject to change Correct as at: December 2019, FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 70

BUWOG PROJECTS © BUWOG / Stephan Huger Correct as at: December 2019, subject to change Correct as at: December 2019, HWB 19 kWh/m²a, fGEE 0.77 HWB 19

→ 43 FREEHOLD APARTMENTS → 1 TO 2-BEDROOM FLATS ON 50–150 m² FLOOR AREA → GYM ON THE FIRST FLOOR AVENUE OF JOY → READY TO MOVE INTO GRINZINGER ALLEE 6 / 1190 VIENNA, GRINZINGER ALLEE 6 → WWW.GRINZINGERALLEE.BUWOG.COM © schreiner, kastler © schreiner,

BUWOG HAS COMPLETED the "Grinzinger Allee 6" housing pro- THE RESIDENTIAL LOCATION in the Nineteenth District provides ject with forty-three freehold apartments in the heart of Döbling. Each a good mix of city life and village charm: the vineyards and Wienerwald residential unit has an excellent level of comfort with common areas hills as well as world-famous Viennese wine taverns are just as easy to serving this exclusive location and its luxuriously appointed one and reach as Vienna city centre. two-bedroom apartments at floor areas of 50 to 150 square metres each. THE LOCATION features very good infrastructure with excellent public MOST OF THE APARTMENTS include outdoor spaces such as a transport links. Stops serving the 38 tram and 39A bus lines are a few patio, loggia, or balcony. Residents benefit from a gym on the first floor steps away from the "Grinzinger Allee 6" project, as is the Oberdöbling of the building. The modern, sophisticated architectural design melds regional railway station. Residents in this unique residential complex perfectly into the surroundings. The directly adjoining Strauss-Lanner- benefit from an underground carpark with thirty-five parking spaces,

Park provides greenery and recreational space right next door. some equipped with charging stations for EVs. × subject to change Correct as at: December 2019, (cat. A) kWh/m²a (cat. B), fGEE 0.74 from HWB 27.0 from 71 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

ONE OF THE MOST EXTRAORDINARY urban development projects wooden materials and controlled ventilation systems for comfort and air in Vienna is currently under construction in Meidling – the Wildgarten quality. Surface cooling in the summer and heated floors with air inlet project south of the Rosenhügel hill. A new city quarter with 1,100 apart- temperature control in the ventilation system keep indoor temperatures ments on eleven hectares close to a green area left wild between Emil- pleasant and comfortable. Behring-Weg and Franz-Egermaier-Weg is due to be completed by 2023. THE ENTIRE AREA has been designed to be traffic-free with plenty AROUND 137 FREEHOLD apartments in traditional bricks-and-mor- of parking spaces available in garages on the outskirts of the quarter. tar and environmentally sustainable wood are under construction around E-charging stations, cycle parking, and new public transport stops ensure the listed community centre building on sites 4, 5, and 7, and are due modern mobility. All residents benefit from a large supermarket and on-

Correct as at: December 2019, subject to change Correct as at: December 2019, for completion by 2022 to 2023. The ten small houses on site 7 use site restaurant. × HWB 19 kWh/m²a, fGEE 0.77 HWB 19

→ DIVERSE RESIDENTIAL PROJECTS → BRICKS-AND-MORTAR AND WOOD CONSTRUCTION → PLENTY OF GREEN OUTDOOR SPACES → ENERGY-EFFICIENT TEMPERATURE CONTROL → TRAFFIC-FREE ZONE → WWW.WILDGARTEN.AT © schreiner, kastler © schreiner, Correct as at: December 2019, subject to change Correct as at: December 2019, HWB from 27.0 kWh/m²a (cat. B), fGEE from 0.74 (cat. A) kWh/m²a (cat. B), fGEE 0.74 from HWB 27.0 from wall; they benefit from the existing high-qualityfittedcupboardsand benefitfromtheexisting wall; they byusingapracticalpartition lofts orasonetotwo-bedroomapartments andcanbeusedas areflexible, large outdoorareas.Theapartments squaremetres,somewith withfloorareasfrom38to56 apartments RESIDENTIAL BUILDING N LIVE ASYOU LIKEIT: AN DERLÄNDE FIRST VIENNARESIDENTIAL REPORT MARKET |2020 totalling 244 rental apartments locatedrightonDonaukanal. totalling 244rentalapartments residential projectconsistsoftwobuildingsthe ThirdDistrict.Thenew in AnderLänderesidentialquarter inthenew calm, andrelaxation WATER. NATURE. VIENNA. EHL IMMOBILIEN PROJECTS / 1030 VIENNA,ERDBERGER36–38 LÄNDE Your combinescitylife, homeperfectly new

O 36 consists ofbrightandmodern

are ready to move into. Property N water (Do locationrightonthe ideal forcouplesandfamilies.The perfect comfort. of centrestillwithineasyreach providesauniquelevel the town → → → → → → → → → ALL THESE EXQUISITELY FURNISHED spaces suchasterraces,balconies,andprivategardens. to109ranging from46 squaremetresaswellplentyofoutdoor withfloorareas onetothree-bedroomapartments proportioned WWW.AN-DER-LAENDE.AT COMPLETION: EARLY 2020 EXCELLENT TRANSPORT LINKS DONAUKANAL ANDPRATER NEARBY TERRACES, ANDGARDENS OUTDOOR AREASSUCHASBALCONIES, FURNISHINGS WITH FITTED HIGH-QUALITY FITTINGS FLEXIBLE FLOOR PLANS 38 244 MODERNRENTAL APARTMENTS m² TO 109 nau kanal) with a natural view onto the Praterandwith withanaturalview kanal) m² o 38 comprises generously apartments are apartments × 72

Correct as at: December 2019, subject to change HWB 19.10–21.25 kWh/m²a, fgEE 0.75–0.78 (A)

Correct as at: December 2019, subject to change HWB 18.0 kWh/m²a, fgEE 0.59 © www.krischanz.at Correct as at: December 2019, subject to change HWB 19.10–21.25 kWh/m²a, fgEE 0.75–0.78 (A)

district’s elegance. inthemiddleof19thupscale furnishingsandstunningviews rooftopsuites.You split-level building takesyoutoexquisite willfind oftheperiod north trees facingChimanistraße.Aprivatedriveway ofthebeech appearsbehindthehighcrowns signed livingquarters outdoor relaxation andrecreation. outdoor relaxation neighborhoodparksofferin Austria—theRudolfinerhaus.Several is provided by one of the most modern and foremost private clinics nearby whichcoverabroadrangeofsubjects.Healthcareatitsbest (includinguniversities) many educationalinstitutionsofexcellence Therearealso is withineasyreachbycarorpublictransportation. high duetoitsgreensettingandproximitythecitycenter,which LUXURY SUITES A NOBLE URBAN QUARTER: WITH LOVE FORDETAILS: HOME SUITEHOME: GRAND AMBIENCE: LUXURY SUITES FOR EXTRAVAGANT LIVING IN A climate throughout the apartment. climate throughouttheapartment. controlofyourroom forperfect heating, andelectricshadingallow Theair-conditioningandventilationsystem,under-floorstoneware. of premiumqualitymaterialsandhigh-endfinishesporcelain — alltinguished bathswithfreestanding tubs andwalk-in showers tionists: Themasterbedroomsinthesuites’galleriesfeaturedis- and appealtothebuilding. more comfort the underground garage with direct access add even rare feature in buildings dating back to the Grunderzeit era — and —a totheterracesinfront.Aglazedelevator grandeur extending reflectopennessand ceilings inthelivingrooms,apartments Withupto6-meter-highrooms withoutdoorspaceandgreenviews. maisonettes featureasymmetriclayoutandgenerouslydesigned condominiumunits,whereoffive unitsarestillavailable.The ury lux- tosixsplit-level beingrenovatedanditsatticconverted now IN DÖBLING A GLAMOROUS ERA WITNESSING / 1190 VIENNA,CHIMANISTRASSE 21–25 A distinguishedestatewithgenerouslyde- Originally erected in 1912, the building is - Accomplishedaestheticforperfec The exclusive 19th Theexclusive districtscores

× → → → → → → FIRST VIENNARESIDENTIAL REPORT MARKET |2020 ATTRACTIVE LOCATION INAGREENSETTING IN-HOUSE UNDERGROUND PARKING TERRACES INEVERY MAISONETTE LIVING SPACE FROM 147TO 232 m² EXCLUSIVE LIVINGINSPLIT-LEVEL UNITS 5 LUXURIOUS ROOFTOP SUITES EHL IMMOBILIEN PROJECTS

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 74

→ 390 FIRST-TIME RENTAL APARTMENTS → 38 m² TO 108 m²

EHL IMMOBILIEN → INTELLIGENT FLOOR PLANS © Artinvest PROJECTS → HIGH-QUALITY FITTINGS → OUTDOOR AREAS IN ALL APARTMENTS → DONAUKANAL AND PRATER NEARBY → EXCELLENT TRANSPORT LINKS → COMPLETION: FEBRUARY 2020 → WWW.I-U.WIEN HWB 23.99–27.08 kWh/m²a, fgEE 0.79–0.87 HWB 23.99–27.08 HWB 29.8 kWh/m²a, fgEE 0.828

IDYLLIC & URBAN LIVING IU – IDYLLISCH_URBAN / 1030 VIENNA, DRORYGASSE / WEHLEWEG

THE IU PROJECT CREATES a varied and attractive human habitat apartment reinforces the sense of freedom. The apartments themselves in the heart of the city with easy access to the waterfront and Prater. The are equipped with high-quality bathrooms, wooden parquet, and fitted location on Donaukanal provides a new way of living in an ideal combi- kitchens. nation of living, working, and enjoying life. A WIDE RANGE OF VEGETATION, PLAYGROUNDS, and areas to THE MODERN HOUSING PROJECT "IU – Idyllisch Urban" consists of stop and relax help create a sense of variety. A central park hinting to- five individually designed houses that are still quiet in this central location wards the Danube and Donaukanal with its water installations forms the due to their sideways arrangement. The one to three-bedroom apart- heart of the complex. Residents benefit especially from the urban envi- ments range in floorspace from 38 to 108 square metres, and feature in- ronment and the development’s proximity to the Vienna University of telligent space utilisation designs. Opening the apartments to the outside Economics and Business, Donaukanal, and the Green Prater with the through the loggia, balcony, terrace, or private garden available in each Kardinal-Nagl-Platz metro station just a short walk away. × subject to change Correct as at: December 2019, subject to change Correct as at: December 2019, 75 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

→ 31 OWNER-OCCUPIED APARTMENTS → GENEROUSLY DIMENSIONED OUTDOOR AREAS → GARAGE PARKING → CALM GREEN LOCATION → SCHEDULED COMPLETION: Q2 2021 HWB 29.8 kWh/m²a, fgEE 0.828 HWB 23.99–27.08 kWh/m²a, fgEE 0.79–0.87 HWB 23.99–27.08

EXCLUSIVE. CALM. GREEN. DIE GARTENRESIDENZ / 1130 VIENNA, SCHWEIZERTALSTRASSE 39

AN EXCLUSIVE NEW RURAL construction project, Die Garten- benefit from hard-wearing wooden floors, exquisite stone finishes, and residenz, is currently under development on the edge of the extensive smart home installations. Lainz Woods in the finest part of Hietzing. This modern housing project comprises thirty-one owner-occupied apartments with floor areas TWENTY ADDITIONAL parking spaces are available to residents. ranging from 64 to 137 square metres and large outdoor spaces such Automatic access and good lighting ensure the necessary protection. as balconies, terraces, or gardens. THE LOCATION BETWEEN Lainz Woods and the Roter Berg hill EACH APARTMENT has intelligent floor plans with priority placed provides a variety of recreational opportunities. There is a school and on high-quality materials for each apartment’s fittings. The apartments a full range of grocery and convenience stores nearby. × Correct as at: December 2019, subject to change Correct as at: December 2019, subject to change Correct as at: December 2019, FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 76

CLOSING WORDS

VIENNA ON THE UP AND UP

THE MERCER STUDY HAS ALREADY RATED VIENNA as the well as for non-profit and private developers. The dwindling availability world’s most liveable city ten times over. The Austrian capital’s inhabit- of open spaces has united everyone in one solution – to build upwards. ants enjoy high social standards and a well-developed infrastructure in But rising building costs pose a challenge to affordable housing in the constant optimisation as well as above-average quality of living. future.

VIENNA IS INCREASINGLY DEVELOPING into a city of contrasts: HOW HOUSING PRICES will develop in the coming years remains the distinctively original Viennese flair with its coffee house culture, to be seen. street markets, Wilhelminian architecture and imperial gardens contrast with trendy neighbourhoods, start-ups, several large-scale urban development and extension schemes, and innovative architecture. And this is exactly what Vienna is all about: successfully combining traditional treasures with openness to the future. “The availability of quality housing to address the city’s population growth year after year is an “This is what Vienna is all about: important matter in politics successfully combining as well as for non-profit and traditional treasures with private developers.” openness to the future.”

VIENNA’S POPULATION reflects the city’s diversity, emphasising the importance of providing individual housing for different needs. THIS IS NOT EVEN CLOSE to the end of Vienna’s potential for BUWOG and EHL Immobilien have therefore dedicated themselves to developers. There is one development that stands out – increased con- taking an active part in market development and contributing to satisfy- struction of residential high-rises. ing the high demand. We are proud of the opportunity to provide our combined know-how, and offer a glimpse into current and future de- THE AVAILABILITY OF QUALITY HOUSING to address the city’s velopments in the eighth edition of the First Vienna Residential Market population growth year after year is an important matter in politics as Report. ×

FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020 78

GLOSSARY

COMMENTS AND TERMINOLOGY

SINUS-MILIEUS®

SINUS-MILIEUS® ARE TARGET GROUPS that actually exist; the which an individual will develop as a young person and remain within model groups people according to their attitudes and lifestyles as based a stable structure over the coming years without immediate or sudden on more than three decades of social research, and includes basic val- change. ue preferences and attitudes of people towards work and recreation, family and partnership, consumption and politics in a holistic approach THE SINUS-MILIEU® MODEL is subject to continuous adjustment encompassing all factors relevant to daily life. Sinus-Milieus® look into in response to socio-cultural changes in society as based on trend re- actual living environments by reference to a basic orientation from search from INTEGRAL-SINUS and research into people’s lifestyles. 79 FIRST VIENNA RESIDENTIAL MARKET REPORT | 2020

APART FROM CONSUMER BEHAVIOUR and lifestyle, fundamen- the pursuit of order and personal responsibility. Modern values (B) in- tal underlying attitudes play a major role in shaping living environments. clude the need for individualisation and self-realisation, amongst other Every Viennese district has its own specific features that appeal to some values. Re-orientation (C) reflects modern society’s distinction between groups more than others. This report draws on those Sinus-Milieus® pragmatism and multiple optionality as well as refocusing and looking specifically prominent for each individual district compared to the Vien- for new syntheses. The y-axis shows the social situation of each group- na average. These milieu concentrations have been calculated for the ing as distinguished by upper class (1), middle class (2), and lower entire district in question, so deviations in individual parts of the district class (3). A higher position for a certain group on the y-axis reflects are entirely possible. higher levels of education, income, and professional situation, while positioning towards the right reflects more current socio-cultural basic THE DIAGRAM ON PAGE 78 shows the current group landscape orientation in the respective group. with each group’s position in Austrian society. The x-axis shows basic orientations in each group within society. Traditional values (A) indicate REFER TO www.integral.co.at for more information on Sinus-Milieus®. ×

SMALL PRINT COMES IN LARGE PRINT. Please find below com- built with planning permission prior to 1945) are subject to the full ments and explanations of some terms used in this report. scope of the Austrian Tenancy Act. This means that rents are not subject to normal market forces of supply and demand, but are basically fixed ALL REFERENCES TO PERSONS in this text are intended to refer (to what is known as an "adequate rent" or "guideline rent"). Such to both genders. rents are not taken into account in our report.

ALL PRICES QUOTED FOR THE VARIOUS DISTRICTS OF VIENNA refer to square metres of net floor area (i.e. not including SOURCE DATA loggias, etc.).

EVERY EFFORT HAS BEEN MADE to ensure the accuracy of in- SALES PRICES are full ownership prices per square metre of net formation in this report. Certain topics are, however, quite complex and floor area, not including service and maintenance costs. subject to constant change. The housing market in Vienna is extremely dynamic and prices vary greatly from area to area. While certain loca- RENTS are quoted net, exclusive of taxes and service charges. tions are in high demand at the moment, this might change quickly.

IN OUR ANALYSIS OF THE HOUSING MARKET, we relied mainly on up-to-date data provided by Statistics Austria, the state statistics DEFINITIONS office, and information obtained from the City Government of Vienna, unless a different source is named. THE TERM "FIRST OCCUPANCY" in relation to prices refers to newly built apartments, or older buildings after complete refurbishment.

"OTHER" refers to tenancies and sales of second-hand homes. PRICES THE TERM "HOTSPOTS" refers to areas and quarters in the various IN AUSTRIA, older buildings (i.e. non-subsidised buildings constructed districts where there is a particularly high demand for properties from with planning permission before 1953 and owner-occupied houses both prospective tenants and buyers. × IMPRINT

PUBLISHED BY EDITORIAL TEAM

BUWOG Group GmbH BUWOG Group GmbH editorial team Hietzinger Kai 131, 1130 Wien, Austria DI Elisabeth Bartos-Stock Phone: + 43 1 878 28-1000 Peter Friedrich Berchtold E-mail: [email protected] Dr. Ingrid Fitzek-Unterberger www.buwog.com Natascha Toegl, MA

EHL Wohnen GmbH EHL Wohnen GmbH editorial team Prinz-Eugen-Straße 8–10, 1040 Wien, Austria DI Sandra Bauernfeind FRICS Phone: + 43 1 512 76 90 Ing. Elisabeth Hartwig E-Mail: [email protected] Mag.(FH) Theres Kolarz-Lakenbacher www.wohnung.at TOGETHER WITH

INTEGRAL Markt- und Meinungsforschungsges.m.b.H. Partner of SINUS Heidelberg – Berlin – Singapore Mohsgasse 1, 1030 Wien, Austria Phone: +43 1 799 19 97 0

IDEA, CONCEPTION AND GRAPHIC DESIGN

M’CAPS Group Friedrich-Schmidt-Platz 4 /1A, 1080 Wien, Austria Phone: +43 1 328 66 60 www.mcaps-group.com

TRANSLATION

ConText® Hindenburgstraße 10, 55118 Mainz, Germany www.context.de

PHOTO CREDITS

Status: February 2020 Photo credits: dreizueins GmbH (Cover, U2, p. 3), Rudy Dellinger (p. 1), schneider + schumacher (p. 7), Stephan Huger (p. 15), JAMJAM (p. 77)

Fotocredits for Sinus-Milieus®: Errors exempted. Shutterstock (Artazum, Breadmaker, Photographee.eu), Plainpicture (Conny Fridh), The information and forecasts in this report are given to the best of our knowledge. Fotosearch (Marc Gerritsen), M‘CAPS Group FIRST VIENNA RESIDENTIAL MARKET REPORT

www.residentialmarketvienna.at FIRST VIENNA RESIDENTIAL MARKET REPORT EDITION 2020 2020 EDITION

FIRST VIENNA RESIDENTIAL MARKET REPORT

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