Selected retail investment transactions in 2022
Property
Size in sqm Location
Seller
Buyer
Eagle Portfolio Haid-Center Linz FMZ Sterngasse
50,000 44,240
Several locations
Pfeiffer Beteiligungs GmbH ECE Real Estate Partners
Soravia
Ansfelden
Institutional investor
9,600 1,800
Vienna
Private investor
Private investor
Kitz Galleria
Kitzbühel
Fam. Unterberger/Oberreiter T&F Firmengruppe
Source: EHL Market Research | Q3 2022
The situation at prime locations in Vienna’s inner city is more differentiated, with numerous top-level, international brands currently looking for space – in part over 1,000 square metres. The lack of reference transactions has made it impossible to quantify the development of yields in all market segments since the second quarter of 2022. Properties with (at least a larger share of) tenants from convenience/consumer products, e. g. retail food markets and retail parks, currently
generate yields around 5%. There is virtually no reliable comparative data for shopping centres and high-street properties, but it appears that this segment will also be unable to disengage from the general increase in yields.
Office & retail yields 2013 – 2022
Source: EHL Market Research | Q3 2022
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