Austria
Real Estate News

Despite COVID Outbreaks, Many International Cities Enjoying Sales Recovery in July

Despite COVID Outbreaks, Many International Cities Enjoying Sales Recovery in July

A number of global cities are seeing sales volumes continue to recover with April looking to be the low point for residential activity. Read More »


Manila is World's Top Housing Market for Price Appreciation at 22 Percent Annually

Manila is World's Top Housing Market for Price Appreciation at 22 Percent Annually

The average annual price appreciation for all 150 cities tracked by the latest Global Residential Cities Index was 4.3 percent Read More »

Global Commercial Investment Dips 2 Percent Annually in 2019

Global Commercial Investment Dips 2 Percent Annually in 2019

International property consultant CBRE is reporting this week that global commercial real estate investment volume in Q4 of 2019, including entity-level deals, was nearly level (-0.5%) with Q4 2018, while full-year volume fell by 2% from 2018. Read More »

Making Sense of Brexit: What Happens to UK Property Markets After the Vote?

Making Sense of Brexit: What Happens to UK Property Markets After the Vote?

With the Brexit vote is complete, and the divorce proceedings of the UK from the European Union is now afoot, with considerable uncertainty and no real precedent, the future implications for UK's property markets are significant. Read More »


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Global Property Spotlight

Grand Tetons Wonderland - (Driggs, Idaho)

Grand Tetons Wonderland - (Driggs, Idaho)

Huntsman Springs is golf and club community developed by Jon Huntsman, Sr. A place of serenity and beauty in the hitherto undeveloped Teton Valley of Western Idaho. Read More »

Last Updated July 10, 2020 9:00 AM ET

Austria Property News

According to CBRE, over €1.1 billion ($1.26 billion USD) was invested into European Outlet Centres in 2015, with transaction volumes more than three times the number recorded three years prior.

According to Knight Frank, oil tumbled to its lowest level for nearly 12 years last week, raising the prospect of further falls in fuel prices at the pumps.

The luxury real estate market on Rhodes is starting to stabilize now that Greece's future in the Euro seems secure, reports international real estate consultancy Engel & Völkers.

Europe, perhaps more than any other continent, is known for its picturesque old villages. There are so many, in fact, that we could easily do a travel column on the Top 10 villages in each country!

According to Cushman & Wakefield's European Real Estate Loan Sales Market Report, there was €12.2 billion of closed European commercial real estate loan and real estate owned transactions in Q1 2015.

Our last travel column was on my Top 10 ski resorts in America. But America's hardly the only place where the weather is cold, the skiing is cool, the nightlife is hot, and the winter-wonderland scenery is breathtaking.

According to Cushman and Wakefield, Europe, Middle East and Africa (EMEA) will enjoy a significant increase of property investment activity in 2015.

Prices for prime residential property in the world's leading city markets rose by only 0.2%.

More alpine sales are taking place at lower price points as the resilience of the ultra-prime markets start to ripple down the market price ladder.

Luxury residential property prices across the globe rose by 6.2% on average in the year to June 2014.

Getaway cities will deliver the best growth in the next five years.

Rhodes is enjoying new record luxury home prices in the first quarter of 2014.

Germany is the most popular retail market in the world, with 40 percent of global retailers to open a store in 2014.

Meliá Hotels International will open its first location in Austria, in the country's tallest skyscraper. The Meliá Vienna will take up 17 of the 58 floors in the 722-foot-tall DC Tower I, according to a company announcement.

The most exclusive property in Austria's most expensive ski resort is for sale with a price tag of €35,000,000 (USD $47,540,525). The 13-bedroom chalet in the Tyrolean resort of Kitzbühel boasts a 16-seater cinema, a gym, sauna and spa complex and underground heated garage.

I'm not the greatest skier in the world. But I enjoy a good schuss as much as the next person. And I probably enjoy a good après-ski ambience and beautiful winter surroundings even more than the next person.

New-build apartments and chalets in Lech and Obergurgl, two of Austria's most exclusive Alpine holiday resorts, are available for sale, a rarity in the Austrian market. In many parts of the Alps, the property is owned by a small number of families.

Immofinanz Group has sold the Hilton Vienna Danube hotel for €48.4 million ($63.5 million) to a subsidiary of Internos Real Investors Kapitalanlagegesellschaft, Frankfurt am Main. The sale price was higher than the book value, the company said.


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