Commercial & Zinshaus · Austria · Buy-side and sell-side

The market is back! Here are the numbers!

€4.2 billion transacted in 2025, up 44 percent year on year – Austria’s investment market is back at pre-crisis levels. Office building, logistics asset or Viennese Zinshaus: whoever buys or sells now should know who sits on the other side of the table.

Row of period apartment buildings on Vienna’s Ringstraße, city hall in the background
Vienna · Period buildings on the Ringstraße
€4.2 bn
Transacted in 2025
Up 44 % on 2024 – roughly half of it in the fourth quarter
83 %
Private buy-side
Foundations, family offices and private investors dominate acquisitions
56 %
Sold by funds
Open-ended funds under redemption pressure supply most of the market
41 %
International capital
Highest foreign share since 2021 – Gulf and Asian buyers included
Sources: CBRE Austria, EHL, Otto Immobilien – market reports 2025/26. Buyer/seller structure: CBRE, Q1 2025.

Gross prime yields by asset class

Year-end 2025. Mixed-use assets recently reached about 18 percent of total volume – buyers pay a premium for diversification within a single asset.

Asset classGross prime yieldNotes
Office4.75 %Prime Vienna locations, large tickets returning to the market
High-street retail4.70 %Inner-city trophy locations, structurally short supply
Logistics & industrial5.10 %Rising owner-occupier and SME demand
Hotel5.40 %International buyer groups active
Residential / Zinshaus4.00 %Scarcest segment – well-let stock preferred

Yields: CBRE Austria, 2025 review. Individual assets vary by location, rent roll and condition – we price every asset individually.

Two sides – One table.

Funds and institutions are cleaning up portfolios while cash-rich buyers look for solid assets. We sit in between – licensed brokerage and licensed asset advisory under one roof.

You own

Selling · discreet or structured
01Income-based valuation: gross rent, tenancy structure (for the Zinshaus including MRG-regulated leases), price multiple – evidenced, not guessed.
02Access to vetted buyers: foundations, family offices, corporates and private investors from our register.
03Fully off-market on request – no portal, no listing, no market exposure.
+Selected international mandates handled with local partners – most recently Italy, Spain and London.
Request an introduction

You seek

Buying · informed before the market
01Register your acquisition profile: asset classes, ticket size, target yield, regions.
02Every new mandate is checked against the register first – if it fits, you hear from us before the market does.
03Access includes fund disposals, special situations and international assets through to Dubai.
Register your acquisition profile

Your acquisition profile

We maintain a structured register of qualified buyers for commercial and Zinshaus assets. The more precise your profile, the earlier you hear from us – and the less often you see assets that do not fit.

Your details are transmitted by e-mail to office@immotrading.at and used exclusively for property matching and our buyer register. No disclosure to third parties; deletion at any time on request.

Alternatively, create a search profile in our service portal – new mandates are matched against it automatically.

Buying from abroad?

Austrian land-transfer law is provincial law – nine provinces, nine statutes. EU/EEA citizens are treated like Austrians almost everywhere; non-EU buyers need a permit. Our nine-province approval guide rates every province honestly, from Vienna’s routine process to Tyrol’s strictest rules.

Approvals by province – the full table →

Frequently asked questions

What is my Zinshaus or commercial asset worth?

Value follows the income approach: annual gross rent times the market price multiple, adjusted for tenancy structure, location and condition. For the Viennese Zinshaus, the share of freely lettable space versus MRG-regulated leases is decisive. We prepare a non-binding first assessment based on your rent roll – evidenced, not guessed.

Who is currently buying commercial and Zinshaus properties in Austria?

Around 83 percent of recent acquisition volume came from private capital: foundations, family offices, corporates and wealthy private investors. International buyers supplied about 41 percent of capital – the highest share since 2021. Institutional buyers have been returning step by step since 2025 (sources: CBRE, EHL, Otto Immobilien).

What yield does a commercial property achieve in Austria?

Gross prime yields at the end of 2025 stood at around 4.75 percent for offices, 4.70 for high-street retail, 5.10 for logistics and industrial, and 5.40 percent for hotels. Viennese Zinshaus assets, the scarcest segment, trade at about 4.00 percent. Individual assets vary by location, rent roll and condition.

What does an off-market sale mean?

Off-market means the property is sold without any listing or portal exposure – we approach registered, vetted buyers from our register directly. This protects confidentiality towards tenants and competitors and avoids the price erosion that visibly stale listings suffer. Off-market transactions shaped Austria's investment market in 2025.

How does the sale of a commercial property proceed?

Five steps: income-based valuation, documentation in a data room, targeted approach of matching buyers from the acquisition register, negotiation to a binding offer, and settlement with contract drafting and escrow. Depending on the asset this typically takes three to nine months – off-market often faster than the open market.

What is an acquisition profile and why register one?

An acquisition profile records your criteria in structured form: asset classes, ticket size, target yield and regions. We check every new sales mandate against this register first – if an asset fits, you hear about it before it reaches the market. For buyers this is free and can be withdrawn at any time.

Sellers need buyers – Buyers need access.

We bring both sides together – soberly priced, discreetly executed, from Vienna to Dubai. The first conversation is without obligation and takes half an hour.

+43 664 350 4000 office@immotrading.at