Vienna
GIF
Space Measurement Standard
Space Unit of Measure
EUR
- Convert currency to:
- ALL - Albanian Lek
- ARS - Argentine Peso
- AUD - Australian Dollar
- BRL - Brazilian Real
- BGN - Bulgarian Lev
- CAD - Canadian Dollars
- CLP - Chilean Peso
- CNY - Chinese Yuan Renminbi
- COP - Colombian Peso
- CRC - Costa Rican colón
- HRK - Croatian Kuna
- CZK - Czech Koruna
- DKK - Danish Krone
- EGP - Egyptian Pound
- AED - Emirati dirham
- EUR - Euro
- HKD - Hong Kong Dollar
- HUF - Hungarian Forint
- INR - Indian Rupee
- IDR - Indonesian Rupiahs
- ILS - Israeli new shekel
- JPY - Japanese Yen
- KRW - Korean Won
- MXN - Mexican Peso
- MAD - Moroccan Dirham
- TWD - New Taiwan Dollar
- NOK - Norwegian Kroner
- PAB - Panamarian Balboa
- PEN - Peruvian Sol
- PLN - Polish Zloty
- GBP - Pound Sterling
- RON - Romanian Leu
- SAR - Saudi riyal
- RSD - Serbian Dinar
- ZAR - South African Rand
- SEK - Swedish Krona
- CHF - Swiss franc
- THB - Thai Baht
- TRY - Turkish Lira
- UAH - Ukrainian Hryvnia
- USD - US Dollars
Financial Data Currency
Yes
Transfer Taxes
Office Occupier Market Condition
Occupier Market Conditions – How conducive is the regulatory environment to starting and operating a business. Source: Colliers
Labor Cost – Wages for skilled office workers. Source: City Globe and Colliers
Tenant Favorable – Assessment of the real estate market condition for office space. Source: Colliers
Typical Loss Factor
8-12%From rentable to useable square meters
Landlord Concessions
Fit-Out Concession
Amount of Fit-Out Concession
€200/sm-€300/smTypical range of fit-out contribution.
Rent-Free Period
Standard Range of Rent-Free Months
0mo.-1mo.Typical number of rent-free months.
Rent-Free Period Notes:
1 month per yearTenant Rep Broker Fee (New Leases)
Tenant Rep Broker Fee (Renewals)
Lease Provisions
Lease Term
5yrs.-10yrs.Typical lease term in years.
Lease Term Notes:
Typically 5 years.Operating Expenses & Service Charges Included
Additional Charges
€3/sm-€6/smEstimated range for all additional charges per Square Meters.
Additional Charges:
Service Charge Notes:
No, operating expenses are surcharged on top of the rent.Lease Fundamentals: The following apply to both office and industrial leases.
Lease Execution Requirements:
Requirements Notes:
3-6 monthly rents.Negotiated Subletting/Assignment
Landlord Consent: Typically, the landlord's written consent IS still required.
Statutory Subletting/Assignment
Landlord Consent: The Landlord's consent is still required.
Blend & Extend Strategies
Statutory Early Termination
Negotiated Early Termination
Early Termination Notes:
The ability to terminate early is allowed if special break-up options are negotiated.Typical cost: penalty on fit-out or rebuilt costs on pro-rata.
Workplace
Regional Office Space
15sm-20smTypical Square Meters per employee (includes office square footage for employees and contractors).
Desk Sharing
Industrial Occupier Market Condition
Occupier Market Conditions – How conducive is the regulatory environment to starting and operating a business. Source: Colliers
Labor Cost – Wages for manuafacturing and warehouse/distribution office workers. Source: City Globe and Colliers
Tenant Favorable – Assessment of the real estate market condition for industrial space. Source: Colliers
Landlord Concessions
Fit-Out Concession
Rent-Free Period
Standard Range of Rent-Free Months
3mo.-9mo.Typical number of rent-free months.
Tenant Rep Broker Fee (New Leases)
Tenant Rep Broker Fee (Renewals)
Lease Provisions
Lease Term
3yrs.-7.5yrs.Typical lease term in years.
Operating Expenses & Service Charges Included
Service Charge Notes:
Operating expenses are surcharged on top of the rent.Lease Fundamentals: The following apply to both office and industrial leases.
Lease Execution Requirements:
Requirements Notes:
3-6 monthly rents.Negotiated Subletting/Assignment
Landlord Consent: Typically, the landlord's written consent IS still required.
Statutory Subletting/Assignment
Landlord Consent: The Landlord's consent is still required.
Blend & Extend Strategies
Statutory Early Termination
Negotiated Early Termination
Early Termination Notes:
The ability to terminate early is allowed if special break-up options are negotiated.Typical cost: penalty on fit-out or rebuilt costs on pro-rata.
Project Management
Section 1. Fit Cost Data
Total Fit-Out Cost
Class A Office
Class B Office
Class C Office
Total Fit-Out Cost Notes:
The fit-out cost refers to the total cost of design, construction, and installation for a space. It includes categories such as materials, labor, furniture, fixtures, equipment, finishes and other related costs. The specific factors influencing the total fit-out cost can vary widely depending on the project scope, location, size of the space, quality of materials, and complexity of design.Furniture Cost
Class A Office
Class B Office
Class C Office
Furniture Cost Notes:
These costs are typically paid by the client.Floor Covering Cost
Class A Office
Class B Office
Class C Office
Floor Covering Cost Notes:
These costs are typically paid by the landlord.Partitioning Walls Cost
Class A Office
Class B Office
Class C Office
Partitioning Walls Cost Notes:
Based on glass walls -- typically paid by the client.Other (IT/etc) Cost
Class A Office
Class B Office
Class C Office
Other Cost Notes:
These costs are typically paid by the client.Project Management Base Fee
5%Base fee [%] for the fitout of above office of 1000 m2.
Section 2. Scope of Work Description
Phase 1: Services Before and During the Transaction
Phase 2: Service Before and During the Design Process
Phase 3: Services Before Construction
Phase 4: Services During Construction
Additional Services: Services During Relocation
Additional Services: Project Management Services Related to Furniture/Workstation Procurement
Operating Environment Rankings reported on a scale of 1 (least favorable) to 10 (most favorable).
Human Capital
Labor Force Growth
Labor force growth rate (past 5 years)
Wage Inflation
Rise in wages (past 5 years, local currency)
Millennials
Proportion of population in the age 20-39 cohort
High School Education Equivalent
Proportion of population attaining this level
University Education Equivalent
Proportion of population attaining this level
Overall Education
Composite average of High School & University
Human Capital Composite
Business Climate
Innovation
Presence of innovative factors in economy
Economic Risk
Resilience of economy to unexpected events
Business Environment
Friendliness of business environment
Corporate Tax Rate
Favorable corporate tax rate
Business Climate Composite
Operating Environment Composite
Combined average score of Human Capital and Business Climate factors