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International ChainsNational ChainsDepartment Store AnchorsFast FashionCinema & Leisure

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Ultra-Luxury PositioningSmall Format RetailHyper-Local Concepts
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Westfield Ruhr Park in Bochum serves as one of Germanys largest open-air shopping centers with 118700 square meters of rental space accommodating over 150 stores. Established in 1964 and recently rebranded under the Westfield banner it holds a strong market position in the densely populated Ruhr region attracting up to 10 million visitors annually. The tenant mix emphasizes fashion with anchors like Galeria Karstadt Kaufhof C and A Zara and MediaMarkt complemented by international brands such as Superdry and Mango alongside electronics accessories and lifestyle outlets.

Leisure facilities include a 14-screen UCI cinema the Via Bartolo gourmet area restaurants like LOsteria and The Ash and adjacent wellness options at Medi Therme enhancing dwell time averaging over 15 hours.

Accessibility is a key strength located at the A40A43 interchange with 4500 free parking spaces and bus connections serving a catchment of 32 million residents within the Ruhr metropolis. Occupancy stands at 977 percent indicating robust demand while sales performance benefits from high footfall and regional demographics featuring a median age of 43 and stable household sizes.

Leasing advantages include flexible terms in a high-traffic environment though challenges arise from market saturation and competition from nearby centers like Westfield Centro in Oberhausen. Recent modernizations including origami-style canopies and family events bolster operational quality but aging core infrastructure from the 1960s requires ongoing investment.

Rent levels align with regional averages around 150-200 euros per square meter annually supporting viable retail operations amid economic pressures in non-food categories.

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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.

Am Einkaufszentrum 1, Bochum, Germany

Insights

Demographics and Catchment Area

The catchment area encompasses 32 million people in the Ruhr region with a median age of 43 years and average household size of 20 persons reflecting a mature stable population with 026 percent annual growth. This diverse urban demographic drives consistent footfall particularly for family-oriented shopping and leisure supporting strong performance in fashion and everyday retail categories. However economic factors like moderate incomes may limit spending on luxury goods posing risks for premium tenants.

Tenant Mix and Occupancy

Occupancy at 977 percent underscores the centers appeal with over 150 stores featuring a balanced mix of 60 percent fashion 20 percent food and beverage 10 percent electronics and 10 percent services. Key anchors include Galeria Karstadt Kaufhof and Zara ensuring traffic generation while recent additions like Boda Borg enhance experiential retail. Drawbacks include occasional store closures in 2024 due to category weaknesses but proactive management maintains high retention and sales per square meter above regional averages.

Accessibility Competition and Risks

Prime location at A40A43 junction facilitates easy access for 10 million annual visitors with 4500 parking spaces and public transit links reducing barriers. Competition from Westfield Centro and Bochum city center intensifies in a saturated Ruhr market potentially pressuring footfall during off-peak periods. Risks involve aging infrastructure despite refurbishments and rising operational costs but the centers 4-star rating and leisure integration mitigate these providing practical leasing opportunities with solid metrics.

Building Details

Property Type
Regional
Gross Leasable Area
118,800
Year Built
1964
Parking Spaces
4500
Average Monthly Footfall
1,000,000
Owner
Unibail-Rodamco-Westfield
Anchor Tenants
MediaMarkt, C&A, H&M, Decathlon, CinemaxX

Detailed Market Analytics

Primary Catchment Area
50 km radius
Secondary Catchment Area
100 km radius
Catchment area population
1,200,000 People
Population growth rate
0.5 %
Median age
42 Years
Household size
2.1 Persons per household
Education level (tertiary)
35.0 %

Median household income
48,000 EUR per year
Unemployment rate
5.2 %
Cost of living index
102 Index (Germany=100)

Retail spending per capita
9,500 EUR per year
Spending on apparel
1,200 EUR per capita per year
Spending on groceries
3,800 EUR per capita per year
Spending on electronics
800 EUR per capita per year

Annual foot traffic
12,000,000 Visitors
Dwell time
2.5 Hours
Conversion rate
25.0 %
Sales per square meter
6,500 EUR per sqm per year

Number of retail stores
160 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
Medium Density
Tenant diversity
High Diversity
Unique Concepts
Open-air design Concepts

Gross Leasable Area
118,800 sqm
Number of Levels
2 Levels
Average rent per square meter
250 EUR per sqm per month
Vacancy rate
4.9 %
Lease term flexibility
Medium Flexibility
Available retail space
5,000 sqm

Proximity to main roads
Direct Access
Public transport access
High Access
Parking spaces
4,500 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
Advanced Measures

Promotional events
Multiple annually Events
Loyalty program penetration
30.0 %
Digital signage presence
High Presence

Projected foot traffic growth
2.0 %
New tenant pipeline
Ongoing Pipeline
Mall expansion plans
Solar installations Plans
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