Austria

Hotels in Austria: High Quality Tourism Attracts Real Estate Investors

Travel in style seems to be the motto for tourism in Austria. Whilst the segment of 4-5 star hotels is continuously growing, the private accommodation offer with 1 or 2 stars is decreasing.

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Discount Fashion Stores are at the Top of the Austrian Clothing Retail Sector

Half of the clothing retailers` sales area in Austria is concentrated on 20 districts. About 20% of the total sales area in this sector is to be found in Vienna and Graz.

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Austrian Purchasing Power Defies Crisis

Austrian`s purchasing power continued to grow for around 1% in year 2009.

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Rewe rules the East of Austria

According to sales area shares Rewe is market leader in Austria`s Eastern counties Vienna, Lower Austria and Burgenland. Its competitor Spar controls all the other six counties in this ranking....

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Housing need in Austria remains stable

Even with a declining population the housing need in Austria will remain stable.

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Office Real Estates: Vienna is Twice as Expensive as Klagenfurt

Whilst the rental prices for office real estate in Vienna range between 9 and 20 Euro per sqm, the prices in the state capitals are only half of the price.

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70% of the Austrian Municipalities Have a Food Retail Chain

About 70% of all Austrian municipalities have at least one food retail chain store. Organised chained retailers are those who have more than 5 outlets and a supraregional relevance in Austria.

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Clothing Retail in Austria: More Space, Less Outlets

Although the number of clothing shops in Austria declined substantially in the last years, the sales area has continuously risen.

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Retail in Austria: A Lot of Space but Little Variety

With 1,72 sqm retail space per capita Austria belongs to those countries in Europe which have a very high sales space density.

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Austria`s Shopping Centres became larger

Austria`s shopping centres become larger and larger. The average selling floorspace area of an Austrian shopping centre was about 14 000 sqm in 2001.

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