<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="48.1333" data-lng="11.69" data-map-catchment-data-value="{&quot;lat&quot;:&quot;48.1333&quot;,&quot;lng&quot;:&quot;11.69&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1957661}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;10 km&quot;,&quot;description&quot;:&quot;Estimated primary catchment radius around the mall in Messestadt Riem, Munich&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;30 km&quot;,&quot;description&quot;:&quot;Estimated secondary catchment radius covering greater Munich area&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,957,661 People&quot;,&quot;description&quot;:&quot;Population impacted by the center, primarily within Munich metropolitan area&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.2&quot;,&quot;description&quot;:&quot;Annual population growth rate in Munich region based on recent trends&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;42 Years&quot;,&quot;description&quot;:&quot;Median age of population in Munich, reflecting urban demographics&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.0 Persons per household&quot;,&quot;description&quot;:&quot;Average household size in Munich households&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Bavaria region&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;5,500 EUR per month&quot;,&quot;description&quot;:&quot;Estimated median household income in Munich area&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;4.5&quot;,&quot;description&quot;:&quot;Unemployment rate in Munich for 2023&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;85 Index (Berlin=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Munich, indicating higher costs&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;10,000 EUR per year&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per capita in Germany&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;892 USD per year&quot;,&quot;description&quot;:&quot;Per capita spending on apparel in Germany for 2025&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;3,000 EUR per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on groceries in urban Germany&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;329 USD per year&quot;,&quot;description&quot;:&quot;Per capita spending on consumer electronics in Germany for 2025&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;8,500,000 Visitors per year&quot;,&quot;description&quot;:&quot;Estimated annual visitors based on 163,000 weekly visitors&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average dwell time for shoppers in similar German malls&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Estimated percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;7,000 EUR per year&quot;,&quot;description&quot;:&quot;Estimated sales per square meter in Munich retail centers&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;120 Stores&quot;,&quot;description&quot;:&quot;Total number of retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of major anchor tenants like Kaufland and department stores&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Medium density of competing malls in Munich east&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;High diversity across fashion, food, and services&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;15 Unique stores&quot;,&quot;description&quot;:&quot;Number of unique or experiential retail concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;61,100 sqm&quot;,&quot;description&quot;:&quot;Total gross leasable area of the shopping center&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 Levels&quot;,&quot;description&quot;:&quot;Number of shopping levels in the mall&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;250 EUR per sq m per year&quot;,&quot;description&quot;:&quot;Average annual rent for retail space in Munich malls&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Estimated vacancy rate for the mall&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;Standard 5-year leases with some flexibility options&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;2,000 sq m&quot;,&quot;description&quot;:&quot;Estimated currently available retail space&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access&quot;,&quot;description&quot;:&quot;Direct access to A94 highway&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Excellent Access&quot;,&quot;description&quot;:&quot;Excellent via U2 subway and multiple bus lines&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;3,500 Spaces&quot;,&quot;description&quot;:&quot;Number of underground parking spaces available&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;High pedestrian access from nearby quartier&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;High e-commerce penetration in Germany affecting physical retail&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Estimated adoption rate for click-and-collect services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;95.0&quot;,&quot;description&quot;:&quot;Internet penetration rate in German households&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Low retail crime rate typical for secure German malls&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards Measures&quot;,&quot;description&quot;:&quot;Comprehensive security including CCTV, guards, and patrols&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;50 Events per year&quot;,&quot;description&quot;:&quot;Number of promotional and seasonal events annually&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Estimated penetration of mall loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Full digital signage throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Projected annual growth in foot traffic&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;10 New tenants&quot;,&quot;description&quot;:&quot;Planned new tenants in the coming year&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Ongoing quartier development Plans&quot;,&quot;description&quot;:&quot;Integration into larger StadtQuartier with residential and office expansions&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:6941,&quot;slug&quot;:&quot;einkaufs-center-neuperlach-pep&quot;,&quot;name&quot;:&quot;Einkaufs Center Neuperlach – Pep&quot;,&quot;lat&quot;:&quot;48.100833&quot;,&quot;lng&quot;:&quot;11.644444&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The Einkaufs-Center Neuperlach – pep is a major shopping destination in Munich&#39;s Neuperlach district, southeast of the city center, with approximately 60,000-70,000 sqm GLA and 135 shops. Operated by ECE and recently acquired in a joint venture, it reports full occupancy, around 12 million annual visitors, and over €250 million in yearly turnover, positioning it among Germany&#39;s top five shopping centers. Anchors include Primark, Kaufland, Edeka, Saturn, H\u0026M, Müller, P\u0026C, and TK Maxx. Tenant mix emphasizes fashion (41%), food (26%), hardware (10%), and health (9%), supported by 2,000 parking spaces and direct integration with public transport at Neuperlach Zentrum U-Bahn station. It serves a densely populated catchment of roughly 1.5 million in the broader southeast Munich area, functioning as a district and regional hub since its 1981 opening with a 2018 redesign. High footfall and sales performance reflect strong urban integration and accessibility, though its suburban character and mix of value-oriented anchors shape its market role amid competition from central Munich retail and other regional centers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Munich&quot;},&quot;anchor_tenants&quot;:&quot;Primark, Edeka, Kaufland, Müller Drugstore, H\u0026M, Saturn&quot;,&quot;distance&quot;:4.95,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;135&quot;,&quot;gla_sqm&quot;:&quot;70000&quot;,&quot;anchor_tenants&quot;:&quot;Primark, Edeka, Kaufland, Müller Drugstore, H\u0026M, Saturn&quot;}},{&quot;id&quot;:6939,&quot;slug&quot;:&quot;forum-ostpark&quot;,&quot;name&quot;:&quot;Forum Ostpark&quot;,&quot;lat&quot;:&quot;48.1138874&quot;,&quot;lng&quot;:&quot;11.6386031&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Forum Ostpark, situated in Munichs Neuperlach district adjacent to Ostpark, covers 70000 sqm GLA with 120+ stores. Tenant mix emphasizes fashion (HM, Primark), electronics (MediaMarkt), and discount (TK Maxx), complemented by supermarkets and dining options. Annual footfall of 12 million visitors yields €250 million in sales, underscoring its regional dominance. Full occupancy and recent renovations enhance appeal. Accessibility is strong via U3 subway and 3500 parking spaces. Demographics include affluent families and professionals with incomes over €50000. Leasing benefits: consistent traffic, rents €150-200/sqm/year, diverse mix for synergy. Risks: rivalry from Riem Arcaden, online retail pressure, suburban location limiting tourist draw. Operational quality features modern amenities and event programming, though competition and e-commerce growth present challenges to sustained performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Munich&quot;},&quot;anchor_tenants&quot;:&quot;MediaMarkt,Galeria Karstadt Kaufhof,REWE&quot;,&quot;distance&quot;:4.38,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;MediaMarkt,Galeria Karstadt Kaufhof,REWE&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:6965,&quot;slug&quot;:&quot;stachus-passage&quot;,&quot;name&quot;:&quot;Stachus Passage&quot;,&quot;lat&quot;:&quot;48.1394134&quot;,&quot;lng&quot;:&quot;11.5650719&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Stachus Passage is an underground shopping arcade in central Munich, Germany, built in 1994 with a gross leasable area of 10,000 square meters across two levels. Owned by Ferdinand Piëch Holding GmbH and managed by IPH Centermanagement GmbH, it features 60 stores emphasizing high-density and diverse retail concepts. Anchor tenants include Bijou Brigitte for accessories, Blume 2000 for flowers and gifts, and Butlers for lifestyle and chocolate products. The property benefits from excellent accessibility in a prime urban location, with 700 to 1,000 parking spaces and proximity to public transport, attracting 300,000 daily visitors and an average monthly footfall of 9,125,000, equating to 109.5 million annually. Visitor dwell time averages 45 minutes, with 25% repeat visits. The catchment area within a 10 km radius encompasses 3 million people, growing at 1.5% annually, with an average age of 42 years, household size of 2.1, average income of 60,000 EUR, and unemployment at 4.5%. Market position is strong due to high traffic and economic indicators, including per capita retail spending of 4,000 EUR and food and beverage spending of 1,200 EUR annually. Tenant mix supports shopping (40% of visitors), dining (35%), and home decor (25%), though consumer feedback highlights needs for family amenities, international cuisine, and sustainable fashion. Leasing advantages include medium flexibility for units up to 500 sqm, ongoing renovation plans, and a 4.1% annual growth potential, bolstered by safety measures like CCTV and a low 1.5% shrinkage rate. However, current occupancy stands at only 5%, reflecting underutilization and potential risks from high e-commerce penetration (50%) and digital adoption (95%). Rent levels are set at 250 EUR per sqm per month, competitive in Munich&#39;s saturated retail market but challenged by competition from nearby centers and online alternatives. Operational quality is supported by multiple annual events, yet aging infrastructure from the 1994 build may require updates to maintain appeal. Overall, the property offers solid footfall and demographic strengths for retailers targeting urban consumers, balanced against low occupancy and adaptation needs in a digitally competitive landscape.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Munich&quot;},&quot;anchor_tenants&quot;:&quot;Bijou Brigitte, Blume 2000, Butlers&quot;,&quot;distance&quot;:9.3,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;7200&quot;,&quot;anchor_tenants&quot;:&quot;Bijou Brigitte, Blume 2000, Butlers&quot;}},{&quot;id&quot;:6966,&quot;slug&quot;:&quot;hofstatt-sendlinger-tor&quot;,&quot;name&quot;:&quot;Hofstatt (Sendlinger Tor)&quot;,&quot;lat&quot;:&quot;48.1362347&quot;,&quot;lng&quot;:&quot;11.5714269&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Hofstatt, situated at Sendlinger Strasse 10 in Munich old town, opened in 2013 on the former Süddeutscher Verlag site, integrating historical facades with modern architecture. It offers 15,500 square meters of gross leasable area for retail, focusing on fashion, lifestyle, and food, plus 18,000 square meters of offices and 69 apartments around green courtyards. Prime location near Marienplatz and Sendlinger Tor ensures superior accessibility via U-Bahn, S-Bahn, trams, buses, and 750 parking spaces. Tenant mix includes anchor Abercrombie \u0026 Fitch, fashion outlets like GANT and Subdued, EDEKA supermarket, and services such as ELBGYM fitness center. Fashion comprises 60 percent of space, food and essentials 25 percent, lifestyle 15 percent. In Munich retail market, valued at over €10 billion annually, Hofstatt positions as urban lifestyle hub amid 4.1 percent projected sales growth to 2029. Low vacancy rates of 3-5 percent in central centers support leasing, with high footfall from 100 million city visitors yearly. Advantages encompass visibility in pedestrian zone and diverse demographics, but high rents of €200-250 per square meter yearly demand strong sales thresholds. Challenges involve competition from high streets and e-commerce, plus maintenance of historical elements in saturated fashion category.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Munich&quot;},&quot;anchor_tenants&quot;:&quot;Abercrombie \u0026 Fitch, Zara, EDEKA, DEPOT, GANT&quot;,&quot;distance&quot;:8.81,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;21&quot;,&quot;gla_sqm&quot;:&quot;15500&quot;,&quot;anchor_tenants&quot;:&quot;Abercrombie \u0026 Fitch, Zara, EDEKA, DEPOT, GANT&quot;}},{&quot;id&quot;:6968,&quot;slug&quot;:&quot;viktualienmarkt&quot;,&quot;name&quot;:&quot;Viktualienmarkt&quot;,&quot;lat&quot;:&quot;48.1354703&quot;,&quot;lng&quot;:&quot;11.5763682&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The Viktualienmarkt serves as Munichs historic open-air food market, founded in 1807 and situated in the city center near Marienplatz, covering a compact square with around 140 stalls and shops. This property emphasizes a tenant mix dominated by fresh produce vendors, butchers, cheesemongers, bakers, fish sellers, flower stands, and gourmet specialty outlets, creating a vibrant ecosystem for food-related retail. Its market position is prominent as the citys flagship daily market, attracting substantial footfall estimated at 5-7 million visitors per year, bolstered by Munichs robust tourism industry that recorded over 11 million overnight stays in recent pre-pandemic years. Accessibility is excellent, with direct connections to the U-Bahn and S-Bahn networks at Marienplatz station, facilitating easy reach for both locals and tourists. Occupancy remains consistently high, often approaching 100 percent for prime stalls, reflecting strong demand in this iconic location. Rent levels are premium, typically ranging from 200 to 500 euros per square meter annually, influenced by stall size and visibility. The demographic profile includes a mix of affluent local residents aged 25-55 seeking quality fresh goods, alongside international tourists drawn to the authentic Bavarian experience, enabling retailers to command higher margins on artisanal products. Leasing advantages encompass unparalleled brand exposure in a pedestrian-friendly zone, direct customer interaction fostering loyalty, and a supportive operational framework managed by city authorities with daily hygiene standards. However, potential drawbacks involve seasonal weather impacts reducing winter footfall, regulatory constraints on stall modifications and product types, and indirect competition from enclosed markets like the Markthalle or nearby supermarkets offering similar goods at lower prices. Market saturation in food categories is evident, with over 100 vendors focusing on perishables, potentially diluting individual sales volumes. Infrastructure shows signs of age in some traditional stalls, possibly necessitating tenant-funded upgrades, while broader retail performance is tied to Munichs economic stability and tourism recovery post-global events. Overall, this property suits established food retailers prioritizing experiential sales over high-volume turnover, with risks centered on external factors like economic downturns affecting visitor numbers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Munich&quot;},&quot;anchor_tenants&quot;:&quot;Various market stalls&quot;,&quot;distance&quot;:8.44,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;140&quot;,&quot;gla_sqm&quot;:&quot;22000&quot;,&quot;anchor_tenants&quot;:&quot;Various market stalls&quot;}},{&quot;id&quot;:6958,&quot;slug&quot;:&quot;galerie-romy&quot;,&quot;name&quot;:&quot;Galerie Romy&quot;,&quot;lat&quot;:&quot;48.1525&quot;,&quot;lng&quot;:&quot;11.582&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Galerie Romy is a compact urban shopping gallery situated in Munichs vibrant Schwabing district, encompassing about 15,000 square meters of leasable retail space over two floors. Established in 2008, it hosts a diverse tenant mix of around 40 stores, focusing on fashion, accessories, health and beauty, and casual dining options such as local cafes and quick-service eateries. Notable anchors include mid-tier brands like Mango, Douglas cosmetics, and independent Munich-based boutiques, complemented by services like a pharmacy and dry cleaners. The propertys market position leverages its central location near Ludwig Maximilian University and residential neighborhoods, drawing consistent footfall from students, young professionals, and tourists exploring the area. Annual visitor estimates reach 4.5 million, supported by strong public transport links including the U3 and U6 U-Bahn lines just 200 meters away, ensuring high accessibility without reliance on personal vehicles. Occupancy levels hover at 92%, reflecting stable demand in a city where retail vacancy averages 8% per recent Colliers reports. Rent levels are competitive at 120-160 euros per square meter annually, lower than prime city center rates of 200+ euros, making it attractive for emerging retailers. The surrounding demographic features a median household income of 48,000 euros, with 35% aged 25-44, aligning well with lifestyle-oriented retail. Operational quality is solid, with modern HVAC systems and energy-efficient lighting, though the buildings 15-year age shows minor maintenance needs. Leasing advantages include short-term pop-up spaces and collaborative marketing events tied to local festivals like the Schwabing Festival. However, challenges arise from intense competition with larger venues like the nearby Fünf Höfe arcade and broader market saturation in fashion categories, where e-commerce growth has reduced physical sales by 15% year-over-year according to Statista data. Accessibility risks include peak-hour congestion on surrounding streets, and potential infrastructure upgrades could disrupt operations. Overall, it suits retailers targeting niche, experiential shopping in a culturally rich urban setting, but requires careful consideration of economic sensitivities in Bavarias retail sector.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Munich&quot;},&quot;anchor_tenants&quot;:&quot;Karstadt, H\u0026M, MediaMarkt&quot;,&quot;distance&quot;:8.29,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Karstadt, H\u0026M, MediaMarkt&quot;}},{&quot;id&quot;:6967,&quot;slug&quot;:&quot;funf-hofe&quot;,&quot;name&quot;:&quot;Fünf Höfe&quot;,&quot;lat&quot;:&quot;48.1406914&quot;,&quot;lng&quot;:&quot;11.5754466&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Fünf Höfe is a mixed-use urban retail complex in central Munich, located on Theatinerstraße between Marienplatz and Odeonsplatz, developed between 1998 and 2003 on the site of a former HypoVereinsbank building. The property spans approximately 66,000 square meters total, with retail space of around 18,000 square meters hosting over 60 stores focused on luxury fashion, lifestyle, accessories, jewelry, and gastronomy. Tenant mix includes premium international brands such as Emporio Armani, HUGO BOSS, Max Mara, Massimo Dutti, and Patrizia Pepe for fashion; Muji and Alessi for lifestyle; and exclusive eateries like Schumann’s Tagesbar and Vapiano. More than 35 outlets are unique to Munich or southern Germany, emphasizing exclusivity. The center integrates the Kunsthalle Munich art hall, enhancing cultural appeal. Market position: Prime inner-city location in one of Europes wealthiest cities, benefiting from high tourist influx (Munich saw 8.5 million visitors in 2023) and affluent local demographics with average household income exceeding €70,000 annually in the Altstadt district. Occupancy stands above 95% as of 2023 reports, reflecting strong demand despite retail sector challenges. Leasing advantages include excellent visibility and footfall from proximity to key landmarks, public transport (U-Bahn, S-Bahn, trams), and parking garages; however, prime rents range €60-€70 per square meter monthly, among Europes highest, per Cushman \u0026 Wakefield data. Operational quality is high with professional management under new owner Athos since 2024 sale. Risks involve intense competition from high-street luxury retailers on Maximilianstraße and online channels, potential economic slowdowns affecting discretionary spending, and aging infrastructure in surrounding historic areas. Overall, suitable for upscale retailers targeting high-net-worth individuals, though lease negotiations may require balancing high costs with premium positioning.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;München&quot;},&quot;anchor_tenants&quot;:&quot;HUGO BOSS, Max Mara, Ludwig Beck&quot;,&quot;distance&quot;:8.54,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;14000&quot;,&quot;anchor_tenants&quot;:&quot;HUGO BOSS, Max Mara, Ludwig Beck&quot;}},{&quot;id&quot;:6616,&quot;slug&quot;:&quot;olympia-einkaufszentrum&quot;,&quot;name&quot;:&quot;Olympia Einkaufszentrum&quot;,&quot;lat&quot;:&quot;48.1833287&quot;,&quot;lng&quot;:&quot;11.5316432&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The Olympia Einkaufszentrum (OEZ) is a prominent shopping center in Munich Moosach district, opened in 1972 to coincide with the Summer Olympics and expanded in 1993-1994, spanning 56,000 square meters of gross leasable area with approximately 135 shops and restaurants across two levels. Managed by ECE, it serves as a key retail destination in northern Munich, attracting around 12 million annual visitors through its direct U-Bahn connectivity via lines U1 and U3 at the dedicated Olympia-Einkaufszentrum station, plus 2,400 parking spaces for enhanced accessibility. The tenant mix emphasizes fashion and apparel (over 50 percent of space), including mid-range chains like H\u0026M and trendy boutiques, complemented by department stores, beauty outlets, accessories, and food offerings such as cafes, bakeries, and market-fresh groceries, fostering a balanced everyday shopping experience. Market position reflects its status as one of Munich largest centers, benefiting from the affluent demographic of the Olympiapark vicinity, where average household income exceeds 50,000 euros annually, drawing local residents, students from nearby housing, families, and occasional tourists. Leasing advantages include stable footfall driven by 50-plus yearly events like fashion shows and family activities, which boost dwell time and cross-shopping, alongside proximity to cultural landmarks like the Olympic Stadium for spillover traffic. However, challenges arise from its age-related infrastructure needs and competition from newer venues like Riem Arcaden, contributing to tenant-reported sales-to-rent ratios rated at 3.58 out of 5 in 2020 surveys, indicating moderate value amid post-pandemic recovery. Occupancy remains near full with 137 tenants, but Munich retail saturation in fashion categories poses risks for specialized entrants. Overall, OEZ offers practical leasing for resilient retailers targeting middle-market consumers in a high-density urban-suburban interface, with rents averaging 150-200 euros per square meter annually based on regional benchmarks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Munich&quot;},&quot;anchor_tenants&quot;:&quot;Edeka, Peek \u0026 Cloppenburg, Media Markt, C\u0026A, H\u0026M&quot;,&quot;distance&quot;:13.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;135&quot;,&quot;gla_sqm&quot;:&quot;56000&quot;,&quot;anchor_tenants&quot;:&quot;Edeka, Peek \u0026 Cloppenburg, Media Markt, C\u0026A, H\u0026M&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:6618,&quot;slug&quot;:&quot;pasing-arcaden&quot;,&quot;name&quot;:&quot;Pasing Arcaden&quot;,&quot;lat&quot;:&quot;48.1472956&quot;,&quot;lng&quot;:&quot;11.4637395&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Pasing Arcaden is a suburban shopping center in Munichs Pasing district, opened in 2011 with a total area of 63,000 square meters and 39,000 square meters of gross leasable area. It features approximately 140 tenants focused on fashion, lifestyle, and daily needs, including anchors like Media Markt, H\u0026M, Aldi, Müller, and Hugendubel, plus an IKEA planning studio and various restaurants. Located directly adjacent to Pasing railway station, it offers excellent accessibility via S-Bahn and U-Bahn lines, connecting to central Munich in about 15-20 minutes. The property holds DGNB Gold certification for sustainability. In the 2020 tenant survey by ecostra, it ranked 52nd nationally out of 238 centers with a satisfaction score of 2.52 on a 1-5 scale (1 being best), above the national average of 2.97, though scores declined from 2.09 in 2019 due to pandemic effects. As the fourth largest mall in Munich, it serves the affluent western suburbs with high purchasing power. Recent acquisition by Ingka Centres in 2024 signals potential enhancements in family-oriented retail. Leasing advantages include stable occupancy around 95%, competitive suburban rents estimated at 100-150 euros per square meter annually, and a diverse tenant mix that drives footfall from local commuters and residents. However, challenges include market saturation in Munichs retail sector, competition from larger city malls like Olympia-Einkaufszentrum, and ongoing shifts to e-commerce impacting non-essential retail categories. Operational quality is solid with good maintenance, but aging elements since 2011 may require updates. Overall, it provides balanced performance for retailers targeting middle-to-upper income demographics in a transport hub location.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Munich&quot;},&quot;anchor_tenants&quot;:&quot;Müller, HIT, Media Markt, Aldi, H\u0026M, Hugendubel, dm, C\u0026A&quot;,&quot;distance&quot;:16.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;39000&quot;,&quot;anchor_tenants&quot;:&quot;Müller, HIT, Media Markt, Aldi, H\u0026M, Hugendubel, dm, C\u0026A&quot;}}]}" data-map-update-url-value="/malls/riem-arcaden" id="mall-map-wrapper"><div data-city="München" data-current-mall="true" data-id="riem-arcaden" data-lat="48.1333" data-lng="11.69" data-map-target="mall" data-name="Riem Arcaden" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">10 km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">30 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,957,661 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.2</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5,500 EUR per month</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">4.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">85 Index (Berlin=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">10,000 EUR per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">892 USD per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">3,000 EUR per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">329 USD per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">8,500,000 Visitors per year</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">7,000 EUR per year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">120 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">61,100 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">3 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">250 EUR per sq m per year</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Excellent Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">3,500 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">95.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and guards Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">50 Events per year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">10 New tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Ongoing quartier development Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>