Retail Market Report Austria | 2022/23

eight years, but the turnover rate is clearly below average at only 11%.

Vösendorf in Lower Austria on the border to Vienna. This and the much smaller shopping centres and retail parks at peripheral locations attract substantial numbers of customers (significantly more than the inner city) from the nearby and more distant surrounding areas. Here, the very central location of the provincial capital has proven to be a clear advantage.

Individual projects will be unable to sustainably improve the outlook for the retail trade in the city centre. Actions by the city government will be required as well as the realisation of previously presented suggestions and initiatives, in particular to support the revival of inner city areas. These projects must be actively pursued if the currently high vacancy levels are to be reduced. The development of the peripheral shopping centres, in contrast, is very satisfactory. The retail park cluster on the Völkermarkter Strasse in Klagenfurt east with its 151,000 square metres is the number two in Austria after

Rents in Klagenfurt

Location

Net rent EUR/sqm/month

Shopping streets prime locations Shopping streets secondary locations

29 10 63

Shopping malls

Source: Standort + Markt 2021/22

Retail locations in Klagenfurt

Shopping Malls

Space

1 City Arkaden

30,000 sqm 23,700 sqm

2 Südpark

3 Interspar EKZ

Klagenfurt Nord

8,300 sqm

Retail Parks 4 FMZ Völkermarkter Straße 146–150 Retail Park Clusters 5 Klagenfurt Ost

WÖLFNITZ

6,800 sqm

A2

A2

Flughafen

ANNABICHL

A2

151,200 sqm

6 Klagenfurt Südost 22,300 sqm 7 Klagenfurt Nordwest 9,700 sqm 8 Klagenfurt Süd 2 9,300 sqm 9 Klagenfurt Süd 1 8,700 sqm 10 Durchlaßstraße 5,200 sqm

WELZENEGG

A2

Alter Platz

WÖRTHERSEE

Villacher Straße

WAIDMANNSDORF

ST. RUPRECHT

Projects 11 Das Salzamt

VIKTRING

4,600 sqm

PRIME LOCATION

Alter Platz, Wiener Gasse, Kramergasse

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

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