European rating agency Feri has upgraded its rating for the Austrian real estate market from B to B+ following the recent economic upturn. After a slump of several years, prices have been on the rise since 2004, with the Austrian office market benefiting in particular from the upswing. Austrian office markets are now also increasingly moving back into the focus of international investors, Feri said, with Vienna, Salzburg and Linz capturing most of the action.
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