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Vienna among Top 10 European property locations

Looking out over Vienna © Österreich Werbung/Trumler

© Österreich Werbung/Trumler

29. March 2010

Austria's capital city, Vienna, is among Europe's most attractive property locations. This is the conclusion of "Emerging Trends in Real Estate Europe 2010", a study produced by PricewaterhouseCoopers in collaboration with the Urban Land Institute (ULI).

PricewaterhouseCoopers - the world's leading company in the field of professional services – joined forces with the Urban Land Institute (ULI) for the seventh time to analyse the European property market. In the investment ranking Vienna climbed from 17th place to fifth, giving it a Top 10 spot, ahead of Milan, Istanbul, Berlin, Rome and Frankfurt. Only Munich, Hamburg, Paris and London are ahead of Austria's capital. Vienna also performed well in the project development segment, taking 7th place.

The "Emerging Trends in Real Estate Europe 2010" study involved questioning over 640 leading decision makers on the worldwide property market – including investors, project developers, banks and real estate agents. The study offers an insight into investment and development trends, capital markets, real estate, urban areas and other key issues on the European property market.