Austria's Shopping Centers are Growing, but Not Getting More Productive

Professional ServicesReal Estate ♦ Published: May 6, 2011; 07:41 ♦ (Vindobona)

The productivity per area of the shopping centers in Austria shows a mixed picture according to a RegioPlan analysis.

Austria's Shopping Centers are Growing, but Not Getting More Productive / Picture: © Wikimedia Commons / Ninjakeg [CC BY-SA (https://creativecommons.org/licenses/by-sa/3.0)]

Austrian shopping centers grow continuously. In the period 2006-2010, the 70 major shopping centers in the country grew both in surface (+5%) and in terms of sales (+9%). The 70 facilities provide a representative cross-section of the Austrian shopping center landscape according to size. However, when sales per square meter are analyzed, it turns out that the studied objects grew in…