Linz
St. Pölten
Vienna
Eisenstadt
Salzburg
Graz
Klagenfurt
The small, but highly attractive retail market in Salzburg’s Old City has not yet fully overcome the aftereffects of the corona years and is still confronted with increased vacancies. The strong tourism component is reflected in a high share of gastronomy and accompanying retail uses. These segments have developed better than the traditional retail trade, which witnessed major closings like Damn Plastic, Steiff, Northland, Alpha
Innsbruck is currently characterised by remarkable momentum, with an unusually high turnover rate of 16 per cent in the inner city. The vacancy rate has risen from an extre- mely low level to a still satisfactory four per cent, and well-known new openings like Max & Co., Peak Performance, Colmar and Montblanc show that the Tyrolean capital
pedestrian and cycle traffic and to enliven inner city areas could provide added impulses in the coming years.
Tauri and Schneiders in 2023. The re-rental of vacant space is difficult because the rents are, in part, higher than
The markets are influenced by a strong tourism component, which is reflected in a high share of gas- tronomy and accompanying retail uses in the historical Old City.
retailers are prepared to pay based on visitor frequency. The recent approval of the Euro- park shopping centre expansion will further intensify competition for the inner city.
remains a very attractive destination. A range of planned measures to improve
Source: Location + market
Austria | 2024/25
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