EHL Retail Properties Market Report 2024/25

Goldenes Quartier

Armani

1

New lettings Inner City 2023/24 (excerpt)

Dior

WRST- BHVR

2

4

3

Meeting zone Pedestrian zone

Saint Laurent

Stephans- platz

Fashion

1

Haas Haus

Fashion

2

11

5

Fashion

3

6

Souvenir Store

OMEGA Boutique

Fashion

4

Souvenir shop

5

Watches

6

Watches

7

Gastronomy

8

7

Swatch Store

Steffl

Nevertheless, the overall turnover rate is unusually high at 12.4 per cent – and only minimally lower in the traditionally very stable prime locations at 11.2 per cent. It is also important to note that an impressive 61 shops were redesigned in 2023, whereby the luxury labels in top locations are working intensively on a new appearance. A few top labels have terminated their activities in the Inner City, among others Gerry Weber, Salamander, MANZ and Versace. The new starts include Emporio Armani, Swatch Store, VitaVien and several others.

8

Hofburg

VitaVien

Ø Pedestrian frequency Kärntner Strasse

Staatsoper

1,908,035 1,975,734

Ø Q2 2023 Ø Q2 2024

+3.5 %

Source: hystreet.com

Austria | 2024/25

9

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