Vienna Distressed Index
Every quarter: real estate insolvencies, the apartment-building market, banks and legislation in Vienna – with names, figures and sources. Published by Mag. Nevena M. Shotekova-Zöchling, attorney and insolvency administrator in Vienna.
Latest issue: Q3 2026 (as of 30 Sep 2026)
Fewer failures, more total losses: 43% of all insolvency proceedings in Austria in the first three quarters of 2026 were never opened for lack of assets. At the same time rates are rising again, and from July 2027 banks must hold a 3.5% systemic risk buffer on commercial real estate loans.
| Indicator | Value |
|---|---|
| Corporate insolvencies Austria Q1–Q3 2026 | 5,139 (+0.4%) |
| Not opened for lack of assets | 2,204 (+12.6%) |
| Largest Vienna insolvency 2026 | Georg-Coch-Platz Immobilien GmbH & GmbH OG, €320m |
| Vienna apartment-building volume H1 2026 | approx. €418m (−18%) |
| NPL ratio, commercial real estate loans | 8.3% (commercial residential development 14.3%) |
| ECB deposit rate | 2.50% |
Inside: the named cases (Signa, Süba, Lamarr, Sieben Dörfer, Leopold Immobilien), the apartment-building market, banks, Europe and the world, the 2026 legal changes and five theses for 2027.
Read the Q3 2026 reportDeutsche Fassung
All issues
- Q3 2026 – Fewer failures, more total losses (7 Nov 2026)
What the index covers
The Vienna Distressed Index brings together public insolvencies with a real estate link, creditor-association data, apartment-building and investment market reports, banking and supervisory data and legal changes. It is published every quarter and contains no information from proceedings or mandates of the firm.