Retail Market Report Austria | 2022/23

in the fashion branch. The most recent closings included C&A on the Annenstrasse and Zara on the Eiserner Tor. In contrast, Salewa, Högl Shoes and Montblanc opened new shops in the city centre during 2021. The vacancy rate has remained low at roughly 4% for a longer period, and the turnover rate is also normally below average. The realisation of various traffic concepts will be an important factor for the future development of central locations. Plans for the construction of a two-line underground system have been side-lined, but far-reaching (and generally positive from the viewpoint of the retail trade and gastronomy) changes can still be expected which will lead to the extension of the boulevards. In particular, the design of the western section of the inner city (bet- ween the Herrengasse and the Mur River) will be

re-evaluated. A new pedestrian zone was establis- hed in the Schmiedgasse and more extensive areas will be created for bicycle paths and sidewalks as well as green areas and trees.

Rents in Graz

Location

Net rent EUR/sqm/month

Shopping streets prime locations Shopping streets secondary locations

92 37 50

Shopping malls

Source: Standort + Markt 2021/22

Retail locations in Graz

Shopping Malls 1 SC Seiersberg

Space

74,000 sqm 60,000 sqm 43,100 sqm 41,000 sqm 40,000 sqm 40,000 sqm 23,600 sqm 9,000 sqm 5,200 sqm 4,400 sqm 4,000 sqm 47,300 sqm 40,000 sqm 19,400 sqm 18,900 sqm 17,200 sqm 12,700 sqm 8,200 sqm 8,200 sqm 7,100 sqm 6,900 sqm 6,300 sqm

2 Center West

3 Murpark

ANDRITZ

4 Shopping Nord

5 Citypark

16

6 Kastner & Öhler

GÖSTING

17

Retail Parks 7 FMZ Graz Webling

A9

GEIDORF

8 Shopping West 9 Arland Center

10 Center Ost

Herrengasse

18

ST. LEONHARD

11 AFZ Andritzer FMZ Retail Park Clusters 12 Webling

EGGENBERG

Jakomini- platz

GRIES

REININGHAUS

13 Seiersberg 14 Lauzilgasse 15 Puntigam 16 Andritz 17 Graz Nord 18 Eggenberg 19 Straßgang 20 Center Ost 21 Messendorf

ST. PETER

A2

A9

20

RAABA

LIEBENAU

19

STRASSGANG

PUNTIGAM

PRIME LOCATION

SEIERSBERG

Herrengasse, Hauptplatz, Sporgasse, Stempfergasse, Sackstrasse

22 Plüddemanngasse

A2

Source: Standort + Markt Beratungsgesellschaft m.b.H.

17

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