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Press Release - SES Spar European Shopping Centers

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<strong>SES</strong> Plans 100 Million Euro Investment in Wiener Neustadt:<br />

FISCHAPARK to Be Expanded<br />

1<br />

<strong>SES</strong> <strong>Spar</strong> <strong>European</strong> <strong>Shopping</strong> <strong>Centers</strong><br />

Söllheimerstraße 4<br />

5020 Salzburg<br />

<strong>Press</strong> <strong>Release</strong><br />

Lower Austria / Economy / Retail / <strong>Shopping</strong> Center<br />

Wiener Neustadt, 23 March 2011<br />

By the year 2013, FISCHAPARK Wiener Neustadt is to be expanded from 46 to over 100 shops to become a<br />

shopping center of superlative dimensions. The operator, <strong>SES</strong> <strong>Spar</strong> <strong>European</strong> <strong>Shopping</strong> <strong>Centers</strong>, presented the<br />

expansion project to its retail partners in FISCHAPARK on Tuesday, 22 March 2011. This project will create 500<br />

new jobs. The expanded shopping center, with ca. 42,800 m² of leasable space, will offer its customers around<br />

1800 parking spots and excellent access to public transportation.<br />

FISCHAPARK Wiener Neustadt was opened in 1996. With 7,700 Euro in sales per square meter of retail space it<br />

has been the second most productive shopping center of <strong>SES</strong> with only EUROPARK Salzburg achieving more. It<br />

is the third most productive shopping center in all of Austria in terms of productivity per square meter. "The<br />

numbers show that FISCHAPARK is of central importance for consumers in the region. This is complemented by<br />

the fact that there is strong demand from retailers for space at the Wiener Neustadt location," explained<br />

Marcus Wild, CEO of <strong>SES</strong>.<br />

The manager continued: "The quality expansion of the most successful locations in our portfolio is part of our<br />

strategy for success. When expanding highly productive locations such as FISCHAPARK, the focus is on<br />

integrating the best retail concepts. We are going to improve the Wiener Neustadt location with attractive,<br />

modern and functional architecture, the best shops under one roof and an urban atmosphere with relaxing<br />

leisure opportunities."<br />

"Business is booming in Wiener Neustadt," enthused Mayor Bernhard Müller, who has supported the project<br />

from the beginning. "This exceptional project fits wonderfully in our dynamically growing city. The expansion<br />

will give new life to the region and create 500 new jobs. Wiener Neustadt will become an even more<br />

productive shopping location and local spending power will remain in the region."<br />

Day-To-Day Business Uninterrupted by Renovations<br />

Leasable space in the shopping mall will be expanded from around 21,200 sqm to approximately 42,800 sqm<br />

and will provide room for over 100 shops, restaurants and service providers. <strong>SES</strong> is investing ca. €100 million in<br />

this project. During the expansion, the Ostarrichi-Biotop that is currently found at the shopping center will be<br />

enlarged to provide an even larger urban recreation area.<br />

Applications for public authorization have already been submitted to the city of Wiener Neustadt and<br />

permission to begin renovations is anticipated to be granted in summer 2011, at which point construction can<br />

begin. During the planning stage, <strong>SES</strong> requested the government of Lower Austria to determine if an<br />

Environmental Impact Assessment (EIA) for the project was necessary. The authorities were able to ascertain<br />

that and EIA was not needed.<br />

Preliminary timetables foresee completion of the project by the fall of 2013. Renovation will not interrupt dayto-day<br />

business at the shopping center and will be performed in discrete phases.<br />

Traffic Solutions and Parking<br />

During the expansion, parking capacity will be increased to approximately 1800 parking spaces.


<strong>SES</strong> considers traffic solutions as a subject of central importance in the overall plan. All <strong>SES</strong> projects enjoy<br />

effective and well-thought-out traffic solutions. Successful locations such as EUROPARK Salzburg, ATRIO Villach<br />

and MURPARK are prime examples.<br />

Paul Malina-Altzinger, responsible for shopping center developments in Austria for <strong>SES</strong>, explains: "The tried<br />

and proven 'sandwich-model' will be implemented. This includes a large underground garage with a car-park<br />

routing system below the two shopping levels and an uncovered parking area on the roof. This combination of<br />

underground and roof parking means that automobiles are hidden from view and the distance to the shopping<br />

area for customers is considerably less. The current parking deck will be removed."<br />

The projects of <strong>SES</strong> <strong>Spar</strong> <strong>European</strong> <strong>Shopping</strong> <strong>Centers</strong> are known for applying international know-how to<br />

regional and local conditions. In close cooperation with the city of Wiener Neustadt, a regional traffic<br />

management system is being designed to provide a smooth flow of traffic and discussions are underway to<br />

expand public transportation connections.<br />

"I myself am a neighbor of FISCHAPARK and am aware of the concerns of my neighbors. That is why our traffic<br />

experts at City Hall are doing everything in their power to find a satisfactory solution for all parties involved,"<br />

explains Mayor Müller.<br />

The Perfect Mix of Retailers, Restaurants and Service Providers<br />

The new FISCHAPARK will enjoy an even better mix of the best regional, national and international retailers,<br />

restaurants and service providers. The goal is to bring innovative top labels and new shops to lower Austria for<br />

the first time.<br />

Architecture<br />

The foundational architectonic concept of the project was developed by a British design agency. <strong>SES</strong> entrusted<br />

the planning and realization of this concept to the Austrian architectural firm Architekt Consult ZT GmbH.<br />

Open Lines of Communication are Important<br />

"Having open lines of communication with our retail partners and local neighbors is very important to us. We<br />

will be proactive when the time comes to inform them about the milestones of the project," reported<br />

FISCHAPARK center manager Christian Stagl. Neighbors will be provided with an e-mail contact address where<br />

they can request more information prior to the start of construction.<br />

The FISCHAPARK shopping center in Wiener Neustadt is managed by <strong>SES</strong> <strong>Spar</strong> <strong>European</strong> <strong>Shopping</strong> <strong>Centers</strong>. <strong>SES</strong><br />

develops, builds and operates shopping centers in central, southern and eastern Europe. With total leasable<br />

space of ca. 700,000 m², approximately 1600 retail partners achieve yearly sales of over €2 billion. <strong>SES</strong> also<br />

provides its know-how in construction management, leasing of retail space, and center and facility<br />

management for third parties. <strong>SES</strong> shopping centers include among others the EUROPARK Salzburg, Austria<br />

that was voted World's Best <strong>Shopping</strong> Center in 2007 and ATRIO Villach, Austria that was awarded World's<br />

Most Sustainable <strong>Shopping</strong> Center in 2009. A section of SCS Vösendorf is also part of the <strong>SES</strong> portfolio. <strong>SES</strong> is<br />

an enterprise of the <strong>Spar</strong> Austrian Group.<br />

For further information: www.fischapark.at und www.ses-european.com<br />

FISCHAPARK has won the following international prizes:<br />

2009 ICSC Solal Marketing Award<br />

Images © <strong>SES</strong>, free of charge:<br />

Image 1: FISCHAPARK will be expanded to become the most modern shopping center in<br />

Lower Austria with a €100 million investment.<br />

Image 2: Mag. Marcus Wild<br />

Chief Executive Officer <strong>SES</strong><br />

Image 3: KR Mag. Paul Malina-Altzinger<br />

Head of Developments Austria<br />

Image 4: Christian Stagl<br />

Center Manager FISCHAPARK


Further Information:<br />

Claudia Streitweiser-Schinagl <strong>SES</strong> <strong>Spar</strong> <strong>European</strong> <strong>Shopping</strong> <strong>Centers</strong> GmbH<br />

Public Relations Söllheimerstraße 4, 5020 Salzburg, Austria<br />

Tel.: 0043 / 662 / 4471-7110<br />

presse@ses-european.com<br />

Christian Stagl FISCHAPARK Betriebsgesellschaft m.b.H.<br />

Zehnergürtel 12-24, 2700 Wiener Neustadt, Austria<br />

Tel. 0043 / 2622 / 25101-0; Fax DW 323<br />

christian.stagl@fischapark.at


Facts and Figures:<br />

Expansion Project FISCHAPARK<br />

Developer and Builder: <strong>SES</strong> <strong>Spar</strong> <strong>European</strong> <strong>Shopping</strong> <strong>Centers</strong> GmbH<br />

Investment Amount: 100 million Euro<br />

Business Director: Marcus Wild, Johann Felser<br />

Project Leader: Paul Malina-Altzinger<br />

Center Manager: Christian Stagl<br />

Anticipated Start of Construction: Fall 2011 depending on regulator authorization<br />

Planned Completion: Fall 2013<br />

Number of Stores: ca. 100<br />

Leasable Space: ca. 42,800 sqm<br />

Free Parking Spaces: 1,827<br />

Planning: Architekt Consult ZT GmbH


Facts and Figures:<br />

Industry: Retail Real Estate and <strong>Shopping</strong> <strong>Centers</strong><br />

Business Director: Marcus Wild<br />

Chief Executive Officer<br />

Mag. Johann Felser<br />

Chief Financial Officer<br />

Employees: ca. 300<br />

Headquarters: <strong>SES</strong> <strong>Spar</strong> <strong>European</strong> <strong>Shopping</strong> <strong>Centers</strong><br />

Söllheimer Straße 4<br />

5020 Salzburg-Kasern<br />

Gross Sales: 2010: €2.41 billion (increase of 10.8% currency rate adjusted)<br />

2009: €2.16 billion (increase of 2.1% currency rate adjusted)<br />

2008: €2.13 billion (increase of 5.6%)<br />

2007: 2.01 billion<br />

Total Leasable Space: ca. 700,000 sqm


<strong>Shopping</strong> <strong>Centers</strong> Managed by <strong>SES</strong><br />

Austria<br />

EUROPARK Salzburg<br />

ZIMBAPARK Bludenz/Bürs<br />

FISCHAPARK Wiener Neustadt<br />

SILLPARK Innsbruck<br />

ATRIO Villach<br />

MAX.CENTER Wels<br />

HUMA-Einkaufszentrum Wien-Simmering<br />

Q19 Einkaufsquartier Wien Döbling<br />

MURPARK Graz<br />

CITYPARK Graz *)<br />

SCS (<strong>SES</strong>-portion) Wien Vösendorf<br />

FORUM 1 Salzburg<br />

VARENA Vöcklabruck<br />

Northern Italy<br />

LE BRENTELLE Padua<br />

IPERCITY Padua<br />

EXTENSE Padua<br />

Slovenia<br />

CITYPARK Ljubljana<br />

EUROPARK Maribor<br />

CITYCENTER Celje<br />

Center INTERSPAR Ljubljana-Vic<br />

Hungary<br />

EUROPARK Budapest<br />

KORZÓ Nyíregyháza*)<br />

ALLEE Budapest *)<br />

Czech Republic<br />

EUROPARK Prague<br />

*) Management only<br />

For more information see: www.ses-european.com/portfolio

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