Austrian Outlet Center Market is Saturated

Professional ServicesReal Estate ♦ Published: February 17, 2012; 14:41 ♦ (Vindobona)

The Eastern European factory outlet center market still has growth potential. Up to 100 new outlet centers are possible.

Austrian Outlet Center Market is Saturated / Picture: © McArthurGlen Designer Outlet Parndorf

The business location consultant RegioPlan sees no growth potential for factory outlet centers in Austria anymore. At the moment, 170 outlet centers are observed in Europe. 100 new ones may be built, as Europe still shows growth potential. Besides Germany, Italy and France, the UK still has unsaturated markets. Most growth potential is seen in Eastern Europe.

At the moment,…