2. Location
City of Wolfsburg
Inhabitants 121,109
Sales area in sqm 286,945
Turnover in € million 867.8
Productivity in € per sqm 3,024
Purchase power index 111.4
Sales area per inhabitant in sqm 2.36
Retail turnover per inhabitant in € 5,750
Centrality in % 124
Unemployment rate in % 6.6
Commuters (Monday-Friday) approx. 63,000
Sources: GFK, cima and City of Wolfsburg
3. Facts & Figures
City-Galerie Wolfsburg
Grand Opening: 6 September 2001
SPV: City-Galerie Wolfsburg KG
(100 % Deutsche EuroShop)
Sales area: 23,908 sqm - 91 Shops
Anchor tenants: Saturn (3,184 sqm), Hempel (2,463 sqm),
Sport Scheck (1,594 sqm), REWE (1,200 sqm)
Expected net turnover €100.3 million
2011:
Expected net turnover €4,195
2011 per sqm:
Parking: 800
Footfall: 26,300 visitors per day
4. Catchment Area
The potential
catchment area
Zone I 18,566 people
Core (5 min.)
Zone II 127,645 people
Local (15 min.)
Zone III 81,047 people
Regional (30 min.)
Zone IV 302,989 people
Extended Regional (45 min.)
Total 530,274 people
9. Sector Mix
% of lettable space
3% 5% 9%
food
fashion
shoes/leather
26% sport
31%
health&beauty
non-food
9%
9% 8% service
catering
10. Restructuring 2011/12
Current status:
• 67 lease agreements expire in 2011/12 (10 years after the opening)
• 44 follow-up contracts are already negotiated
• 23 new shops respectively relocations within the center are planned
(e. g. Intersport Voswinkel, Deichmann, Only, Vila, Sidestep, E-Plus)
• Only 2 shops are vacant at the moment.