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Vienna Industrial Market H2 2019

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Logistics/Industrial market in Vienna and sur­roundings: Vienna Research Forum publishes its figures for the second half of 2019
  • Total stock at 5.3 million m²
  • Space take-up in H2 2019 at around 109,670 m²
  • Largest letting accounts for 18% of space take-up
  • Total take-up in 2019 at around 137,100 m²

In H2 2019, take-up of logistics, production and industrial space in Vienna and the surrounding area amounted to around 109,670 m². This is what the results of the Vienna Research Forum Logistics/Industrial (VRF-LI) show after evaluating the current key data. The VRF only considers logistics premises that meet certain quality criteria such as hall height, shunting area and distance from the motorway.

The highest quality standards are met by 43% of the classified buildings, so-called logistics class A ob­jects, while 36% are qualified as class B and 21% as class C. For the production and industrial premises, all properties that are currently used for this purpose and meet certain minimum criteria such as hall size were included.

According to the Vienna Research Forum Logistics/Industrial, the largest take-up comprised 20,000 m² in the submarket Vienna Surrounding North. It corresponds to around 18% of the space take-up on the logistics and industrial market in the second half of 2019. Another major take-up was also regis­tered in the Vienna Surrounding North submarket with 18,000 m².

Looking at the take-up of space by type of use, 90% of the space is accounted for by logistics space and 10% by production space.

For the first time in November 2019, the VRF Logis­tics/Industrial collected the total stock of logistics, production and industrial space in Vienna and the surrounding area. It has been updated at the end of which it updated at the end of H2 2019 and amounts to 5,303,846 m²*, of which 53% belong to production and industrial space and 47% to logistics space.

 

* The total stock of logistics, productio and industrial space can change from quarter to quarter due to regular adaptations of unclassified objects, conversions and completions.

VRF is a merger of the leading Vienna commercial real estate companies (CBRE, Colliers, EHL, Moser Inter-pool, ÖRAG, OTTO, Spiegelfeld)


Vienna Industrial Market H2 2019

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