A Quiet Year for the Shopping Center Industry

Professional ServicesReal Estate ♦ Published: January 27, 2011; 00:21 ♦ (Vindobona)

Only a few large projects will be tackled in 2011 by Austria's shopping center industry; renovation of existing facilities rather prevails.

A Quiet Year for the Shopping Center Industry / Picture: © Vindobona.org

Austria's shopping center and mall industry experiences a period of rest in 2011. After a real round of openings in the second half of 2010, there will be significantly less new stores this year, but refurbishment and expansions of existing centers are on the increase.

In 2012, the with all likelihood last large shopping centers in Austria, will be inaugurated: the G3 Shopping…