Retail Market Report Austria | 2018

Vienna‘s High Streets

Vienna | City

Kärntner Straße remains a high-frequency location

Dsquared Dsquared

Prada Prada

Louis Vuitton Louis Vuitton

Meinl Gourmet Chanel Meinl Gourmet Chanel

Jimmy Choo Jimmy Choo

The Kärntner Straße remains the most important shopping location in the first district, with rental increases possible on re-letting. ZARA Home and the Apple flagship store represent two of the most prominent market entries by international retailers on the high-frequency axis between St. Stephen’s Square and the Opera. EHL also brought the Dutch com- pany Cheese & More to the Kärntner Straße. Rents range from EUR 130 to 290/sqm. Prime rents in the Goldenes Quartier luxury locations are stable at up to EUR 400/sqm, while up to EUR 600/sqm can be realised on the smallest space.

Hermès Hermès

TOD's

Tiffany Tiffany

Fendi

Versace Versace

Fendi

Michael Kors Michael Kors

Max Mara Max Mara

Zara Zara

H&M H&M

Michaelerpla tz

Humanic Humanic

Michaelerpla tz

Palmers Palmers

Forever 21 Forever 21

Footlocker Footlocker

Apple We ihburggasse

Kaufhaus Steffl Kaufhaus Steffl

Bedarfsgruppen D mand grou s Short-term Apparel

P&C P&C

Hausrat, Elektrowaren Sonstiges Kurzfristbedarf Bekleidung Wohnungseinrichtung Leerstand Shopping Mall EH-begl. Angebot Home furnishing o ehold, elec. appliance Miscellaneous Retail supporting supply i ai Vacancy

Swarovski Swarovski

Calzedonia Calzedonia

Desigual Desigual

Lage Location

Begegnungszone Fußgängerzone Pedestrian zone Shar d space

Hotel Sacher Hotel Sacher

Data as of Q4 2016

Zara Home Zara Home

Meter Meter

INTERNATIONAL PROPERTY CONSULTANTS

0 0

100 100

200 200

Source:

CHARTERED SURVEYORS

Vienna | Mariahilfer Straße

Revenue decline for retail, plus for gastronomy The aftermath of the reconstruction phase and the related restructuring of the tenant mix have passed, and the Mariahilfer Straße has regained its former strength. Vacancies are declining and rents have stabilised. Cafes and restaurants are responsible for increas- ing frequencies, and new leases have been signed with further prominent tenants like the HEMA flagship store and numerous other market entries from the fashion area.

Leiner

Leiner

P&C

Urban Outfitters

P&C

Gerngross Gerngross

Humanic Hu anic

Monki

onki

Bedarfsgruppen Demand grou s Short-term Apparel

Pull & Bear Pull & Bear

Hausrat, Elektrowaren Sonstiges Kurzfristbedarf Bekleidung Wohnungseinrichtung Leerstand Shopping Mall EH-begl. Angebot H me furnishing o ehold, elec. appliance Miscellaneous Retail supporting supply i Vacancy

CCC

CCC

Weekday ekday

TK Maxx TK Ma x

C&A

C&A

Lage

Terranova Te ranova

ocation

Hämmerle Hämmerle

Begegnungszone Fußgängerzone Pedestrian Shar d space

Data as of Q4 2016

Westbahnho f

Westbahnho f

INTERNATIONAL PROPERTY CONSULTANTS

Meter t r

Source:

0

150

300

CHARTERED SURVEYORS

15

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