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Shopping centers are slowing down when it comes to expansion

Shopping centers are slowing down when it comes to expansion
The planned Lamarr luxury department store in Vienna is still a construction site.
Hannes Lindner, managing partner S+M

Planned projects such as the Post City near Linz main train station or the conversion of the Pro-Kaufland shopping center in Urfahr are trendy: In the so-called “city districts” it is not just for shopping. They mainly consist of multi-story apartments and office buildings.

  • Read here: Urfahraner shopping center “Pro” will be demolished and reopened in 2026

Parking spaces are often unsealed and converted into green spaces. “This development is very welcome,” says Hannes Lindner, managing partner of the consulting firm Lage+ Markt (S+M). She analyzed the situation of shopping centers in Austria.

Hannes Lindner, managing partner S+M

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Hannes Lindner, managing partner S+M

Source: Nachrichten

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