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Vienna International Guide - Austrian Lifestyle, Travel, Arts, Culture
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Analysis: Eurovision Song Contest 2015 in Vienna, Austria
The contest will take place in Vienna, Austria, following Conchita Wurst's victory in the 2014 contest in Copenhagen, with the song "Rise Like a Phoenix". On 6 August 2014, it was announced that Vienna had been chosen as the host city for the 2015 contest. It will be hosted in Wiener Stadthalle.
August 6, 2014
Eurovision Song Contest 2015: The Winner is Vienna
"As an internationally-minded city, Vienna is the best venue for this event, and will prove its cosmopolitan nature to the international public. Most importantly, we want the Song Contest on 23 May 2015 to be a cause for celebration for everyone in Vienna - locals and guests alike." says Mayor Michael Häupl.
August 6, 2014
Cost of Living Rankings: CEE Capitals Cheaper, Vienna is 32nd Most Expensive City
The Mercer's 2014 Cost of Living Rankings have been published and cover 211 cities across five continents. While Western European cities have all risen in the rankings mainly due to the strengthening of the Euro against the US dollar, most cities in Central and Eastern Europe (CEE), however have fallen in the ranking as a result of local currencies depreciating against the US dollar. Bratislava (#84), Prague (#92), Kiev (#98), Ljubljana (#116), Zagreb (#120), Budapest (#135), Warsaw (#142), Belgrade (#184).
July 25, 2014
German Investment: New EUR 140 Mln Data Center for the City of Vienna
A 140 million Euro investment from Frankfurt based e-shelter strengthens Vienna as an international ICT center.
July 3, 2014
Tonight Emirates Will Take the First Airbus A380 to Vienna
Emirates airline will operate a one-off A380 service to Vienna, celebrating 10 years of flying to Vienna International Airport.
May 26, 2014
Global Real Estate & Economy Talks (GREET) in Vienna
GREET is short for “Global Real Estate & Economy Talks“. It is the platform for commercial property and investments in CEE and SEE, including Russia, Turkey and CIS.
May 19, 2014
Wesner: “Failing in Business Does Not Mean Personal Failure”
The start-up culture in Austria is clearly different than the one in the US. On the occation of the May Day, experts, including US ambassador to Austria Alexa Wesner, talked about the differences in the start-up scenes.
May 8, 2014
Vienna Drops in “Global Cities Index”
Vienna drops three places. Regardless of the financial crisis the largest global financial centers in New York and London are still the cities with the biggest influence world-wide.
April 16, 2014
Vienna: Luxury Real Estate Segment Booms
In contrast to the general trend in Austria, the properties in Vienna become more and more expensive. About 25% of the apartments cost more than € 500,000.
April 15, 2014
Wealthy Investing in Real Estates in Vienna
Vienna is considered a “safe haven” for real estate investments. In particular, luxury homes, such as the Palais Principe for instance, are more than attractive for wealthy investors.
April 4, 2014
Real Estate in Vienna: Offer Does Not Catch up Demand
There is a growing trend towards population increase as well as small households in Vienna.
March 25, 2014
Austria: Prices for Luxury Real Estates Soaring
The prices for luxury real estates in Austria continue to increase.
March 10, 2014
Austrian Real Estate Market Shrinks
In terms of transactions, the Austrian real estate market shrank by 12.5% last year. Nevertheless, the price level has reached new records.
March 6, 2014
Vienna: City with Highest Quality in Life
Just like last year Vienna is on top of the list of the major cities with the highest life quality. Baghdad ranks last in the survey carried out by Mercer.
February 19, 2014
Low Expectations in Nuclear Talks with Iran in Vienna
Optimism among officials about successful talks to end Iran’s nuclear program is restrained.
February 19, 2014
Austria: Real Estate Prices Still Soaring
Barely any other city in Europe saw prices rising as high for residential real estates as Vienna.
February 18, 2014
Real Estate: Vienna´s Office Market Saturated
In contrast to office markets in CESEE (Central, Eastern and Southeastern Europe), the Viennese office market has no major projects in the pipeline. The growth potential is rather limited.
February 15, 2014
Austrian Real Estate: Prices to Increase only in Vienna
While the property price level does not stop to increase in Austria´s capital, the rest of Austria faces stagnating property prices.
February 12, 2014
Viennese Real Estate: Roof Space Utilization is the Key
In Austria´s capital, living space is rather limited. In the next few years, shortages in the housing market will sharpen further.
February 5, 2014
Real Estate: Outskirts of Vienna Popular Among East Europeans
More and more well situated East Europeans discover the suburban regions surrounding the Austrian capital. Unlike in Vienna, property prices are going up steadily.
February 4, 2014
Real Estate: Why Austrians Prefer Rented Apartments
About 40% of the Austrian households are rented apartments. Most tenants cannot afford becoming homeowners.
February 3, 2014
Austrian Office Market: Boom is Over
The increase in new construction has reached a new low. According to Bernhard Reikersdorfer (CEO of Remax Austria), the price situation will remain stable.
January 20, 2014
Oberbank Continues Expansion Strategy
The Austrian regional bank considers Vienna and the Czech Republic as potential growth markets.
January 17, 2014
Sajdik New Chairman of UN ECOSOC
The Austrian diplomat Martin Sajdik became President of the Economic and Social Council, which is one of the most important bodies of the UN.
January 15, 2014
Property Market: Vienna More Attractive than Berlin or Munich
Compared to German metropolises, the Viennese property market has still a significant upside potential. Nevertheless, the office market in Vienna is expected to stagnate in the next few years.
January 15, 2014
Shortages in Austrian Real Estate Market
The Austrian real estate association (ÖVI) warns of a low building activity. There is a lack of more than 10,000 new housing units per year, ÖVI argued.
January 8, 2014
Austrian Real Estate Market Returns to Normality
Demand is slowing down again. Nevertheless, the price level remains high.
December 26, 2013
Major Changes in Viennese Property Market
After 2008, frame conditions in the Viennese residential property market have changed fundamentally. Four major trends were observable.
December 20, 2013
Living Expenses for Expats in Austria
In global rankings, Vienna often emerges as a relatively low-cost destination for expatriates. But what does this mean in terms of day-to-day expenses? We explore the cost of living in Austria below.
December 16, 2013 · Sponsored Content
Bank Austria`s Headquarter Sold
The Austrian investor Ronny Pecik has bought the headquarter building of the largest Austrian bank.
December 14, 2013
Bawag Sells Headquarter Building
In order to improve its equity base, the Austrian banking group sells the headquarter building in Vienna´s City.
November 23, 2013
Austrian Real Estate Market: Shopping Centers Under Pressure
Shopping centre market: old and less attractive models coming under increased pressure from online trading. This is reported by Bank Austria in its latest report “Real Estate Country Facts”.
September 28, 2013
Austrian Real Estate Market: Residential Housing Still Affordable
Austria offers good and affordable residential housing. However, strong price gains were registered in 2012, Bank Austria published in its report “Real Estate Country Facts”. In the next years, rents will continue to grow.
September 27, 2013
Austrian Commercial Real Estate Market on Right Track
Viennese office property market: new lettings are slowly picking up momentum – new construction volume of 205,000 m² expected in 2013. This is the result of the report “Real Estate Country Facts” issued by Bank Austria.
September 27, 2013
Viennese Office Market Records New Low
The property market of Austria´s capital becomes less attractive. Since 2008, the production of new office space goes down.
September 16, 2013
No Asset Bubble in Austria
Despite the growing property prices in the last years, Austria does not face a real estate bubble.
September 14, 2013
Austria: Real Estate Prices Tend to Stabilize
In the first half of 2013, the average price increase was only 0.3%. The danger of a real estate bubble in Austria is rather small.
September 10, 2013
Vienna among Top 10 of Internet Cities Worldwide
According to Mercer, Vienna is the town with the best quality of live. According to Co.Exist, Vienna is one of the leading Smart Cities worldwide. Now a survey by British enterprise UBM shows that Vienna is amongt the “Top 10 Internet Cities”.
August 28, 2013
Property Market: Vienna Among Top Ten in Europe
For the first time ever, Austria´s capital is among the most expensive cities. On average, the price per square meter comes at 3,000 in Vienna´s city.
July 20, 2013
Vienna: Industrial Sector Shrinks
The Viennese industrial sector faces hard times. Not only the number of workers, but also the order intake is decreasing substantially.
July 18, 2013
Viennese Real Estate Market Stagnates
After a long-lasting boom, the upward trend in Vienna´s property market has come to an end.
July 17, 2013
Vienna: Attractive Financial Center
GFCI confirms Vienna's attractiveness as a financial center.
April 15, 2013
"Strict financial audits enhance trust in administrative bodies"
Symposium of international courts of auditors discusses citizens' participation in Vienna.
March 7, 2013
UN Alliance of Civilizations Forum in Vienna
The UN Alliance of Civilizations Forum draws a close with the Vienna Declaration. The forum was attended by Heads of State and Global Foreign Ministers.
March 1, 2013
Austria Stresses Importance of Human Rights Conference
Austrian Foreign Ministry: "Carry on from the outcome of the World Conference on Human Rights 1993".
February 26, 2013
Vienna´s Position as CEE-Hub Is Endangered
The number of multinational companies which withdraw their sub-headquarters from Vienna is growing, experts say.
February 20, 2013
Austria: Number of Naturalisations Increases
7 107 persons acquired Austrian citizenship in 2012.
February 18, 2013
Austrian Population at Record Level
Last year, Austria's population rose in 2012 by about 45 000 people. In total, the country has 8.5 million inhabitants.
February 15, 2013
“Using the location Vienna as a bridge between the EU and Latin America”
Austrian State Secretary calls for cooperation in security issues and sustainable energy at the international organisations headquarters in Vienna.
January 28, 2013
Vienna Suffers from Housing Shortages
In the next 20 years, Vienna will need up to 200,000 new accommodation units.
January 23, 2013
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