The real estate market in Austria attracts investors by long term stability. According to one of Europe's largest real estate companies IVG Immobilien AG, Vienna's housing market attracts about 80% (1.2 billion) of investment in real estate in Austria.
Vienna has 10.6 million sq. m. of office (free fraction - 7%) and 2.4 million sq. m. of retail space. In this case, there is a lack of quality housing as the population grows in Austrian capital.
It is projected that the gross domestic product (GDP) in Austria will grow by 0.9% in 2013. Also in Austriais the lowest unemployment rate in Europe(4.4%).