New building report 2025: Alarming trends at the Vienna real estate market!

New building report 2025: Alarming trends at the Vienna real estate market!

Wiedner Hauptstraße 63, 1040 Wien, Österreich - On April 23, 2025, a press presentation of the 1st Austrian new building report 2025 will take place at 10 a.m. The event is organized by the specialist association of the real estate and wealth scattering countries of the WKÖ and the Austrian Association of non-profit construction associations (GBV). The event takes place in the Austria Chamber of Commerce, Wiedner Hauptstraße 63, 1040 Vienna, and will offer a first joint analysis of the data of commercial real estate industry and non -profit construction associations. The aim of the report is to create a data -based forecast for the development of the domestic real estate market and to derive essential conclusions. Participation in the event is also possible online, whereby prior registration is required.

In the run -up to the presentation, the current developments on the Austrian real estate market show worrying trends. According to the Fachverband der WKÖ , the new buildings and new buildings renovated in new buildings occurred by 17.3 % compared to the previous year. All three sectors - commercial, local and non -profit - are affected. Under the reasons for this decline, inflation, inflation, legal hurdles and strict credit galans are to be mentioned. The forecast for 2025 indicates a further decline in the number of new apartments. Only about 27,100 new residential units are expected, which means 7,700 units compared to 2024.

industry and market conditions

The real estate industry, which comprises around 12,000 companies and 26,000 employees in Austria, has to face current challenges. Vienna is particularly affected, since the new building and the renovation were reduced by 42 % compared to 2023. According to Gerald Gollenz, the warnings of narrow sustainable living rooms are getting louder, and there is an urgent need for relief for all residential builders, especially with regard to building standards and densification.

At the same time there are positive trends in the infrastructure and technology area. The Economic news shed light that ESG criteria (environment, social, governance) are becoming increasingly important. Almost half of the investors are ready to invest only in real estate with positive sustainability reviews. 17 % of investors are even willing to accept a price surcharge for ESG-compliant real estate, which is above the European average.

ESG-compliant real estate usually achieve 10 to 15 % higher sales prices and have lower vacancy rates. The challenges of energetic renovation of existing buildings remain, however, while investments in new technologies, such as heat pumps and solar systems, appear promising in the long term. The introduction of AI-based systems to optimize energy consumption is also regarded as a major success factor of the future.

The upcoming presentation of the new building report will offer an important opportunity to promote the urgently needed discussion about the current challenges and strategies for the real estate industry in Austria