Portfolio

Westcenter

Shopping Center, St. Gallen

PSt. Gallen is located between the three German-speaking countries Germany, Austria and Switzerland in the heart of Europe. The city of St. Gallen is located in the east of Switzerland – a few kilometers south of the Bodensee and only 30 kilometers north of St. Gallen´s local mountain Säntis. The property is located six kilometers west of the center of St. Gallen. The highway A1 (Winterthur/Zurich and Rheintal/Chur) has exits close-by. Within 10 to 20 minutes you reach the center of St. Gallen or the main station by public transport.

Across the street there is the well-established "Shopping Arena" with retail outlets by Coop, Zara, C&A, Thalia (books), Weber (fashion) and H&M. This competitor occupies an area of 22,850 square meters. Adjacent to the Shopping Arena an Ikea branch is located, with 14,000 square meters of selling area. A pedestrian bridge connects the WestCenter to the Shopping Arena and enables easy access to the whole ensemble of shopping outlets well complementing each other.

The land surrounding the site is built over in its entirety. Therefore, no additional shopping centers can be built in the vicinity and no additional competition will arise. In general for the Eastern Switzerland noted that permits are granted only very restrictively for new retail parks and shopping centers, which will entail a shortage of supply.

Shopping Center in Detail

The Property

Type of use

Shopping Center

Adress

Herisauer Strasse 5
9015 St. Gallen
Switzerland

Year completed

1999; 2010 modernization amounting to CHF 7.25 million

Rental area

13,390 m² (3 retail & 2 parking levels)

Parking

411 underground parking, 20 outside

Tenants

Good mix of branches
Renowned and anchor tenants with high frequency (Media Markt, Toys "R" Us, Aldi Suisse and Fressnapf)