Gerasdorf,
Austria

Opening
2012

Acquisition
2014

shops
130

sales area
70,000 sqm

Primark • H&M • Merkus • Intersport • Müller • P&C • Saturn

The Investment

G3 consists of a shopping centre and retail park and is located on the highly frequented Vienna Highway Road approximately 5 km northeast of Vienna, in a region with strong population growth and attractive purchasing power. Due to its excellent visibility and accessibility, modern architecture and well-diversified tenant mix, including strong anchors such as Primark, customers are attracted from a large catchment area (870,000 inhabitants).

The Investment Strategy

  • Centre stabilisation and targeted market penetration in order to increase centre acceptance and dominance within the catchment area
  • Continued optimisation of the branch and tenant mix including lease-up of the retail park
  • Continued optimisation of operations i.e. reducing operating expenses, implementation of standard lease contracts.

Address:

G3 Platz 1
2201 Gerasdorf bei Wien
Austria

Website:

www.g3-shopping.at

Rental Info

phone iconshop@ece.de

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