When asked about the latest developments on the Austrian commercial real estate market, Andreas Polak-Evans and Sebastian Scheufele, the Managing Partners at Modesta Real Estate

After a more than successful year 2015, a slight increase in the Austrian property market is also expected for the current year.

For the second year in a row, Gerald Eve, one of the UK’s leading real estate consultancies and an international alliance partner of Modesta Real Estate in Austria and Slovakia, has released the European Property Market Brief.

At the beginning of the year, MSD relocated its office location within Vienna from Europlaza to the Ares Tower. In cooperation with Modesta Real Estate the 2,200 sqm office space has successfully been let.

Modesta Real Estate is happy to announce that recently two properties in district 23 were successfully sold.