MIPIM 2019 (24.1 MB)

MILLENIUM CITY
and booming tourism, and is one of the most
sought-after expansion destinations of global
chains. Of course, newcomers initially only
need limited space, but if the start is followed
by an Austria-wide roll-out, these new players
will very quickly become noteworthy clients
demanding further locations.”
Enough shopping space in Austria
The decline in floor space will also continue at a
moderate rate in 2019. In the meantime, Austria
is only number five in the EU in terms of sales
area/population, an important key figure, since
a few years ago, it was still at the top of the rank.
"There is certainly enough shopping space
"There is no way that
things will get boring
in the retail sector."
Walter Wölfler,
CBRE Austria
in Austria overall, but not always in the right
place," says Bitzer. "Particularly where there is
still strong demand from Austrian and international
chains, such as in the city of Salzburg,
there is hardly any chance of obtaining permits.
On the other hand, in Burgenland, which is already
very well supplied with shopping centers
and specialist retail centers, further reclassifications
for retail space are obviously quite easy to
acquire."
In the top Viennese locations on Kohlmarkt and
Graben, no new space can be conjured up - nevertheless,
demand here would be higher than
in any other domestic retail location. As a re-
MIPIM 2019
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