What’s in store for commercial real estate in 2022?
Explore our house view and forecasts for the year ahead
ESG
Economy
Investment
Office
Retail
Logistics
Residential
The economic outlook provides a good framework for the Austrian real estate market in 2022.
Economy
GDP growth according to the CBRE House View
+3.2%
in global sustainability funds
$3.5tn
Regarding stricter CO2 measures, users and investors are focusing
on optimizing their real estate strategies.
ESG
due to low vacancy
rates and high pre-
letting levels.
Further
rental growth potential
The shift to hybrid working models is progressing.
Buildings with flexible spaces are preferred.
Office
to the shopping streets.
change and diversity
In addition to the growing Click & Collect offer provided by stationary retailers, more and more online supermarkets are joining the market.
Retail
record development activity, but demand will still eclipse supply
448.9 MSF
The boom in the logistics market continues. Restructuring of supply chains is leading to an increase in short- to medium-term space requirements.
Logistics
The focus is on
re-densification, conversions, and neighbourhood developments.
A peak in completions
is expected in 2022.
Residential
Around
€4.5bn
The market will continue its growth trend in 2022. The focus will remain on residential, logistics, and core office.
Investment
New tenants bring
New ideas and concepts are needed
to deal with the increasingly
acute land shortage.
all property total
returns expected
+6%
2022 will see a return to normal conditions after the recovery phase of 2021
Economic Outlook
should be invested
in 2022
should be invested
in 2022.
should be invested
in 2022.