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Riem Arcaden serves as Munichs largest shopping center, situated in the Messestadt Riem district in eastern Munich, close to the Munich Trade Fair and airport. Established in 2004 and renovated between 2017 and 2018, it spans 61,000 square meters of gross leasable area over three floors, hosting more than 140 shops, cafes, and restaurants. The tenant mix comprises international fashion brands like H&M and Esprit, electronics outlets, lifestyle stores, and a food court with options from Bavarian specialties to Asian and Italian cuisine.

Integrated into a 122,500 square meter mixed-use StadtQuartier, it includes 30,000 square meters of offices, 62 apartments, and 589 hotel rooms across Novotel and Motel One, fostering steady visitor flow. Annual footfall reaches approximately 8 million, averaging 26,000 daily, sourced from local residents, event attendees, workers, and tourists. Excellent connectivity via U2 subway, buses, and 3,000 parking spaces with EV options supports accessibility.

In Munichs retail landscape, it positions as a key regional hub amid growing eastern suburbs, with population exceeding 25,000 and above-average incomes. Leasing benefits encompass reliable traffic from diverse sources, updated facilities, and event proximity, with rents typically 150-250 euros per square meter yearly for prime suburban spots. Drawbacks involve rivalry from centers like Olympia Einkaufszentrum, traffic congestion during fairs, and vulnerability to retail sector shifts.

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Hours of Operation

Hours

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Monday10:00 AM — 08:00 PM
Tuesday10:00 AM — 08:00 PM
Wednesday10:00 AM — 08:00 PM
Thursday10:00 AM — 08:00 PM
Friday10:00 AM — 08:00 PM
Saturday10:00 AM — 08:00 PM
SundayClosed
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

Willy-Brandt-Platz 5, München, Germany

Insights

Footfall and Demographics

Riem Arcaden records around 8 million annual visitors and 26,000 daily, drawing from demographics in expanding Riem area with over 25,000 residents, median household income surpassing Munichs 50,000 euros yearly, targeting ages 25-55 including families and professionals. Trade fair events boost peaks by 30-50%, while 40% arrive by public transit, enhancing reach to urban commuters and airport travelers; however, seasonal dips outside events pose challenges to consistent performance.

Tenant Mix and Occupancy

Featuring 140 units with 70% in fashion and lifestyle, 20% food services, and 10% others, occupancy exceeds 95% following 2018 upgrades, bolstered by anchors like H&M. Strengths lie in balanced mix supporting cross-shopping; weaknesses appear in saturated categories like apparel amid e-commerce growth. High operational standards include clean facilities and community events, though maintenance costs may elevate for tenants in shared spaces.

Competition and Risks

Competing with nearby Olympia Einkaufszentrum and PEP Neuperlach, both over 100,000 square meters, Riem Arcaden leverages mixed-use integration for differentiation. Risks encompass eastern Munich retail saturation, access disruptions from trade fair traffic, and economic sensitivity affecting discretionary spending. Estimated rents range 180-220 euros per square meter annually, often with turnover components; infrastructure remains modern but requires ongoing investment to counter aging suburban trends.

Building Details

Property Type
Shopping Centre
Gross Leasable Area
61,100
Year Built
2004
Parking Spaces
3500
Average Monthly Footfall
708,333
Owner
Union Investment Real Estate GmbH
Anchor Tenants
MediaMarkt, H&M, Zara, TK Maxx

Detailed Market Analytics

Primary Catchment Area
10 km
Secondary Catchment Area
30 km
Catchment area population
1,957,661 People
Population growth rate
1.2 %
Median age
42 Years
Household size
2.0 Persons per household
Education level (tertiary)
30.0 %

Median household income
5,500 EUR per month
Unemployment rate
4.5 %
Cost of living index
85 Index (Berlin=100)

Retail spending per capita
10,000 EUR per year
Spending on apparel
892 USD per year
Spending on groceries
3,000 EUR per year
Spending on electronics
329 USD per year

Annual foot traffic
8,500,000 Visitors per year
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
7,000 EUR per year

Number of retail stores
120 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
Medium Density
Tenant diversity
High Diversity
Unique Concepts
15 Unique stores

Gross Leasable Area
61,100 sqm
Number of Levels
3 Levels
Average rent per square meter
250 EUR per sq m per year
Vacancy rate
5.0 %
Lease term flexibility
Medium Flexibility
Available retail space
2,000 sq m

Proximity to main roads
Direct Access
Public transport access
Excellent Access
Parking spaces
3,500 Spaces
Pedestrian traffic
High Traffic

E-commerce competition
High Competition
Click-and-collect adoption
40.0 %
Internet penetration
95.0 %

Retail crime rate
Low Rate
Security measures
CCTV and guards Measures

Promotional events
50 Events per year
Loyalty program penetration
30.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
2.0 %
New tenant pipeline
10 New tenants
Mall expansion plans
Ongoing quartier development Plans
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