Retail Market Report Austria | 2022/23

Sustainability

can be expected over the medium-term. Ecological criteria have come to play an increasingly important role in location decisions. Restrictions on private transport in major cities – keyword: parking permits – and high fuel prices are now a significant negative factor for conventional sites that can only be reached by car. Shopping locations close to consumers, for example on the ground floor zones of apartment complexes or in centrally located shopping centres and streets, have an advantage here.

SCS-Manager Zsolt Juhasz: "We need to make climate protection our top priority and, more than ever, intensify our efforts in this area."

Westfield Shopping City Süd

Sustainability measures have had high priority for the Westfield Shopping City Süd (SCS) for many years as part of its “Better Places 2030“ initiative. The huge photovoltaic plant on the roof areas is particularly spectacular: With a current annual production of up to 2.6 million ki- lowatt hours, it is the largest system of this type on a shopping centre roof in Europe. The new, covered connecting passageway from entrance area 5 to the Badner Bahn railway station makes public transportation more attractive and was also used for the installation of photovoltaic equipment - which produces roughly 155,000 kilowatt hours of electricity per year. Further projects are now in planning for the coming year. The initiative “Too good to go“ is a combination of ecological and social sustainability. The many restaurants and food stores in the SCS report surplus meals and food products via an app half an hour before they close, and these items can then be collected as “surprise packages” at sharply reduced prices. More than 5,000 of these packages were rescued during the previous year – which means nearly 13 tonnes of CO 2 were saved and, at the same time, financially weaker visitors had an opportunity to purchase high-quality food at particularly low prices.

© Dragan Dok

On Top Living

With its “ON TOP LIVING“ housing concept, IMMOFINANZ is now joining the fight against land consumption. Plans include the evaluation of possibilities to overbuild the generally single- storey STOP SHOP retail parks with sustainable and affordable apartments. This will take place without further ground sealing because no addi- tional space is required for construction, and there will be no need for new access roads or parking spaces. The apartments – which will be built in modular wood construction – will offer high living comfort and also be climate neutral. In addition to large- scale photovoltaic equipment, heat recovery systems and the use of geothermal energy, future residents will also have access to e-charging stations and e-bikes. Another positive effect: Construction will be even more cost-effective because there are no added costs for land.

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