Vienna International Guide - Austrian Lifestyle, Travel, Arts, Culture
Get updated news about developments in Vienna's inter-cultural environment: lifestyle, travel destinations, art exhibitions, restaurant- & event-suggestions
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
"We invite the African Union to open an office in Vienna"
"Austria invites the African Union to establish an office in Vienna in the year marking the 50th anniversary of the African Union.” Austrian State Secretary Lopatka says.
January 15, 2013
Slovakia Wants to Strengthen Co-Operation with Austria
After a meeting between Slovak Prime Minister Robert Fico and President of Austria´s National Council Barbara Prammer, both emphasized their willingness to realize more common projects in future.
January 14, 2013
Heineken Shuts Down Viennese Headquarters
The Dutch beer producer shifts its CEE-headquarters from Vienna to Amsterdam.
January 14, 2013
Vienna Richest Region of Austria
Gross regional product and regional disposable income of private households increased in 2010: substantial disparities among Austrian regions.
January 10, 2013
Good Outlook for Viennese Property Market
According to real estate experts, Vienna is one of the most attractive market for retail investments.
January 8, 2013
Vienna: Distribution of Wealth Highly Unequal
In Austria´s capital, 30% of the households own 92% of the net assets.
January 3, 2013
Vienna: Property Market Booms
Last year, property prices in the Austrian capital were up by 12% on average.
January 3, 2013
Annual Assembly of the Municipal Councillors for European Affairs in Vienna
At the second general assembly of the members of the initiative of Municipal Councillors for European Affairs held at Palais Niederösterreich in Vienna today, the 500th member of the initiative was welcomed.
December 18, 2012
"Austria pushes international development agenda ahead"
Austrian State Secretary discusses continuation of the Rio process with UN Under-Secretary General.
December 18, 2012
Vienna Aims to Become UN's Energy Hub
New UN Office for Sustainable Energy will be opened in Vienna.
December 12, 2012
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