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Retail space vacancy rate in the city centres of select Austrian cities 2019

In 2019, two percent of the retail space in the City Center of Vienna was vacant, while in Salzburg, this rate was double. Vacancy rates are a measurement of unoccupied properties during a given period and are a good indication of an area’s desirability and opportunity for development. High vacancy rates can indicate an economic downturn, a lack of demand or possibly that standards do not meet speculative renters’ needs. Low vacancy rates are in general considered a good thing as it means there is a good level of demand from customers, although low vacancy rates may also indicate a need for more development which is not being met.

Retail real estate vacancy rate in the city centers of select Austrian cities in 2019

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Release date

October 2019



Survey time period


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