strasbourg - cw-gbl-gws-prod.azureedge.net
Post on 25-Jan-2022
4 Views
Preview:
TRANSCRIPT
0Cushman & Wakefield | Strasbourg | 2019
STRASBOURGCushman & Wakefield
Global Cities Retail Guide
1Cushman & Wakefield | Strasbourg | 2019
Located in northeastern France, Strasbourg is
a major economic and cultural hub in Europe.
Close to the German border and to the river
Rhine, Europe’s most important commercial
waterway, the city benefits from excellent
transport infrastructure. Strasbourg is also
home to many European institutions including
the European parliament, making it the most
important political centre in France behind
Paris. The urban area is named
Eurométropole.
Strasbourg is the capital of the Grand-Est region, the sixth
largest region in terms of population and fourth in terms of
income between Bretagne and Centre/ Val de Loire. With
more than 60,000 students (including 20% foreign students),
Strasbourg enjoys a long and multicultural tradition of
teaching-excellence while, combining French and Germanic
culture, it also boasts a strong identity both reflected in the
Alsatian language and renowned culinary traditions.
A Unesco World Heritage site since 1988 and the historic core
of Strasbourg, la Grande Île is the heart of Strasbourg’s retail
scene. This territory, delimited by the Ill river and the Faux-
Rempart canal, comprises several prime retail zones including
Place Kléber, the largest square of Strasbourg’s city centre.
Other prominent retail thoroughfares are located nearby, with
Rue des Grandes Arcades being the favoured location for
prominent international mass-market retailers.
The retail property market outside of la Grande Île is
dominated by two major downtown shopping centres: Place
des Halles, a 42,000 sqm shopping centre opened in 1979
and Rivétoile, a 30,000 sqm shopping centre opened in 2008.
Located in the North of the Greater Strasbourg area,
Vendenheim is the dominant retail zone on the outskirts. It will
be reinforced soon with the opening of Shopping Promenade
Coeur Alsace, a huge new generation retail park comprising
67,000 sqm total area.
STRASBOURG
OVERVIEW
2Cushman & Wakefield | Strasbourg | 2019
STRASBOURGKEY RETAIL STREETS & AREAS
PLACE KLEBER
Lined with neoclassical buildings, Place Kléber is the
largest and most renowned square of Strasbourg and the
core of the city’s retail scene. Serviced by the tramway,
this pedestrian area benefits from massive influx of
tourists and local residents, and is home to international
mass-market retailers in a wide range of activity sectors
including fashion, services and household equipment.
Place Kléber accommodates two 6,000 sqm shopping
galleries, La Maison Rouge and L’Aubette, anchored by
prominent international retailers including FNAC, Zara and
Apple.
RUE DES GRANDES ARCADES
Linking Rue de la haute Montée to Place Gutenberg, Rue
des Grandes Arcades is a major pedestrian thoroughfare
and the street posting the highest retail rental values in
the Alsatian capital. Anchored by Monoprix and Sephora,
Rue des Grandes Arcades is one of Strasbourg’s main
targets for mass-market to mid-range international
retailers willing to expand in the largest French provincial
cities.
RUE DES HALLEBARDES
Rue des Hallebardes links Place Gutenberg to Rue des
Juifs and mostly accommodates middle to upper range
French women fashion retailers such as Caroll,
Devernois, or Zapa. Rue des Hallebardes also hosts
upper-range retailers in a wide range of activity sectors
including fashion, food, jewellery or perfumes (Aubade,
Baccarat, or Elena Miro).
RUE DU VIEUX MARCHE AUX
POISSONS
Rue du Vieux Marché aux Poissons links Pont du
Corbeau on the Ill River to Place Gutenberg. The section
between Place Gutenberg and Place des Tripiers is the
busiest and is home to several mid to upper-range
retailers (Adolfo Dominguez, Comptoir des Cotonniers,
Maje, The Kooples, etc.). Tenant mix in the section
between Place des Tripiers and the Ill River is more
diverse, with a few banks and a handful of restaurants and
food retailers.
RUE DE LA MESANGE
Linking Rue de la Haute-Montée to Place Broglie and
serviced by the tramway, Rue de la Mésange is a
traditional market for upper-range to luxury retailers. The
section between Rue de l’Église and Place Broglie hosts
upper-range fashion retailers such as Ba&sh, Zadig &
Voltaire and Sandro. World-renowned brands such as
Mont-Blanc, Dinh Van, Louis Vuitton, Hermès and Escada
are located in the section between Rue de la Haute-
Montée and Rue de l’Église. However, a few luxury
brands left the street and were replaced by lower range
retailers (e.g. Violeta by Mango on the former site of
Gucci).
3Cushman & Wakefield | Strasbourg | 2019
STRASBOURGKEY RETAIL STREETS & AREAS
RUE DES ORFEVRES
Rue des Orfèvres is a small street linking Rue des
Hallebardes to Rue du Temple Neuf. Restaurant and food
retailers are dominant while the street also hosts several
upper-range retailers in other activity sectors such as
fashion, accessories or beauty (Eric Bompard, Furla, Le
Tanneur, Kiehl’s).
RUE DE LA HAUTE-MONTEE
Rue de la Haute-Montée is a small pedestrian street
linking Place de l’Homme de Fer to Rue de la Mésange.
Located near L’Aubette shopping centre, Rue de la Haute-
Montée is anchored by Le Printemps department store
and also hosts a few mid-range retailers. Primark is
expected to open soon in quai Kellermann, close to
Printemps, Uniqlo and H&M and will reinforce the mass-
market positioning of this area.
GRAND’RUE
Grand’Rue links the city centre to the railway station. This
street is becoming a relatively sought-after artery with the
arrival of new retailers and many restaurants.
4Cushman & Wakefield | Strasbourg | 2019
STRASBOURGMARKET OVERVIEW
KEY AREAS /
STREETS/
SHOPPING
CENTRES
CONSUMER
PROFILEMAJOR RETAILERS PRESENT
NEW
ENTRANTS
TYPICAL RENT
FOR 200 SQM UNIT
INC. KEY MONEY
(€/SQM/YEAR)
RANGE
OF UNIT
SIZES
(SQM)
Place Kléber/ Aubette
& Maison Rouge
Tourists, local residents
Mass market to mid
range retailers
Apple Store, Alice Délice, Hema, Marionnaud, Starbucks, Zara,
FNAC, OrangeBoggi, 1,500-2,000 Up to 500
Rue des Grandes
Arcades
Tourists, local residents
Mass market retailers
Adidas, Adopt’, André, Celio, Chevignon, Brice, Desigual, Etam,
Geox, Kookaï, Levi’s, Lush, Monoprix, Minelli, Mango, Naf Naf,
Oysho, Sephora, Superdry
Auchan
supermarché,
Fresh Burritos
1,600-1,800 Up to 500
Rue des Hallebardes
Tourists, local residents
Mass market to mid
range retailers
Calzedonia, Caroll, Devernois, Lacoste, Kusmi Tea, Madura, Nature &
Découvertes, The Body Shop, Swarovski, Sud Express, Zapa
Antonelle, Flying
Tiger, Mon Lit et
Moi
1,200-1,500 Up to 250
Rue du Vieux Marché
aux Poissons
Tourists, local residents
Mass market to mid
range retailers
Adolfo Dominguez, Aigle, Comptoir des Cotonniers, De Fursac,
Gerard Darel, Geox, Maje, Mauboussin, Orcanta, Starbucks, The
Kooples, Zapa
Le P’tit Brass,
Notshy1,000-1,400 Up to 200
Rue de la Mésange
Tourists, local residents
Mid range to luxury
retailers
Ba&sh, Berenice, Escada, Hermes, IKKS, Montblanc, Louis Vuitton,
Sandro, Zadig & Voltaire, The Kooples, Nespresso
Hugo Boss, Indies,
Scotch & Soda900-1,200 Up to 250
Rue de la Haute-
Montée
Tourists, local residents
Mass market to mid
range retailers
Le Printemps department store, The Body Shop, Hermes, Freeman
Porter, Celio Club, Karen Millen, Eurodif, Nespresso, & Other Stories,
Ba&sh
Vans 1,200-1,500 Up to 1,500
Rue des Orfèvres
Local shoppers, tourists
Mass market to mid
range retailers
Agatha, Furla, Eric Bompard, Kielh’s, Le Tanneur, Marionnaud,
Nicolas, Saint James, Jeff de BrugesMaison Gross 900-1,200 Up to 250
Grand’Rue
Tourists, local residents
Mass market retailers
Blanc des Vosges, Café Coton, Colombia, La Belle-Iloise, Ikks, Jott,
La Fée Maraboutée, Le Petit Souk, Linvosges, Max Mara, Napapijri,
Norma, Palais des Thés, Oxbow, Punto Roma, The North Face, Ulla
Popken, Weinberg
Iberica, Bretzel
d’Alsace600-900
Up to 250
Rental values are quoted in EUR/ sqm/ year (ZA rents in HS).
5Cushman & Wakefield | Strasbourg | 2019
STRASBOURGSHOPPING CENTRES
RIVÉTOILE SHOPPING CENTRE
A 30,000 sqm downtown shopping centre, opened in 2008
and located 4 kilometres away from Place Kléber,
Rivétoile is adjacent to one of the three most visited
multiplex cinemas in the provinces. Anchored by a Leclerc
hypermarket and visited by nearly 6 million visitors
annually, Rivétoile hosts over 90 units, half of which are
mass market fashion retailers including Zara, H&M,
Hollister or Mango.
PLACE DES HALLES
Located outside of la Grande Île, a few minutes away from
Place Kléber and Strasbourg train station, Place des
Halles is one of the city’s most prominent shopping
centres. Opened in 1979, this 42,000 sqm downtown
shopping centre attracts over 10 million visitors each year.
Anchored by a Auchan supermarket, C&A, Go Sport and
Sephora, Place des Halles is a key destination for
international mass-market retailers in a wide range of
activity sectors. The centre was renovated in 2013.
6Cushman & Wakefield | Strasbourg | 2019
STRASBOURGMARKET OVERVIEW
KEY AREAS /
STREETS/
SHOPPING
CENTRES
CONSUMER
PROFILEMAJOR RETAILERS PRESENT
NEW
ENTRANTS
TYPICAL RENT
FOR 200 SQM UNIT
INC. KEY MONEY
(€/SQM/YEAR)
RANGE
OF UNIT
SIZES
(SQM)
RivétoileLocal residents,
Mass market retailers
Andre, Bershka, Calzedonia, Célio, Desigual, Gap, H&M, Hollister,
Kiko, Leclerc hypermarket, La Grande Récré, Mango, Oysho,
Sephora, Superdry, Swarovski, Tally Weijl, Timberland, Yves Rocher,
Zara,
Factory & Co, Free,
Guess, Le
Fabuleux Shaman,
Muy Mucho,Rituals,
Sostrene Grene,
800 All sizes
Place des HallesLocal residents
Mass market retailers
André, Brice, Celio, Bonobo, C&A, Cache Cache, Calzedonia, Courir,
Darty, Etam, Go Sport, Jennyfer, Jules, Kaporal, Mango, Nature &
Découvertes, New Look, Pimkie, Parfois, Sephora, Undiz, Vapiano,
Zara
Auchan, Bershka,
Decathlon1,400 All sizes
Rental values are quoted in EUR/ sqm/ year (ZA rents in HS).
7Cushman & Wakefield | Strasbourg | 2019
LE PRADOCentrally located near the recently renovated Stade Vélodrome, the shopping
centre was built around a new commercial thoroughfare, and opened in 2017.
Totalling 23,000 sqm, the centre offers a full range of retailing, positioning itself
in the mid-range to up-market brands while combining anchor stores with kiosks
and cafés. Some space with terrace access is dedicated to a food court.
STRASBOURG
STRASBOURG
NEW DEVELOPMENT
WATCH
DEVELOPMENT TO WATCH OUT FOR
SHOPPING PROMENADE COEUR ALSACE
Total Size (sqm)
1st
phase GLA (south)
2nd
phase GLA (medium)
86,000
67,000 (60 units including
transfers)
21,000 (15 units)
Planned Opening Date 2019 (1st
phase)
2021 (2nd
phase)
Consumer Profile Mass-market to mid-range,
local residents and tourists.
ABOUT THE DEVELOPMENT
Anchor tenant - Cora
8Cushman & Wakefield | Strasbourg | 2019
Alsace’s strong culinary traditions reflect
the combined influences of the French and
Germanic cultures. Alsace is world-
renowned for some of its local products such
as wine or “foie gras” and specialities
including choucroute, potato rösti and
baekeofe.
Winstubs are one of the most interesting features of the
Alsatian gastronomy. Traditional restaurants where both
local residents and tourists have dinner in a warm
atmosphere sitting around wooden tables covered with
red chequered tablecloths, many winstubs are located in
the Grande Île area including Yvonne, Le Clou, or Zuem
Strissel. Close to the Cathedral, La Casserole offers
original dishes to taste in a cosy environment.
Located in the South West of la Grande Île, la Petite
France is one of Strasbourg's most popular destinations
for tourists and an area comprising many winstubs
including L’Oignon or Lohkäs and a handful of restaurants
offering a more modern and creative cuisine such as
Umami or La Cambuse.
Outside of la Grande Île, a few districts in the city centre
host fine restaurants such as Le Comptoir d’Eugène or le
Gavroche in Krutenau, or Buerehiesel in Le Parc de
l’Orangerie, near the Council of Europe.
STRASBOURGFOOD & BEVERAGE
KEY AREAS CONSUMER PROFILE FOOD & BEVERAGE OPERATORS
Grande Île/Cathédrale Local residents, tourists
Yvonne, Kammerzell, Zuem Strissel, Le Saint-
Sepulcre, Le Tire-Bouchon, Le Clou, La
Casserole, Au Crocodile
La Petite France Local residents, touristsL’Oignon, La Cambuse, Umami, Lohkäs, La
Rivière
Outside of La Grande Île Local residents Le Comptoir d’Eugène, Gavroche, Buerehiesel
No warranty or representation, express or implied, is made to the
accuracy or completeness of the information contained herein, and the
same is submitted subject to errors, omissions, change of price, rental
or other conditions, withdrawal without notice, and to any special
listing conditions imposed by our principals.
© 2019 Cushman & Wakefield LLP. All rights reserved.
CHRISTIAN DUBOIS
Head of Retail Services France
Cushman and Wakefield LLP
Etoile Saint Honoré
21 rue Balzac
75008 Paris
Tel: +33 01 53 76 92 96
Mob: +33 06 71 01 43 01
Christian.dubois@cushwake.com
top related