Retail City Profile. Retail Market Hanover. Hanover Full year 2017 Published in September 2017

Transcription

1 Retail City Profile Hanover ull year 2017 Published in eptember 2017 Retail Market Hanover Georgstrasse for the forth time in a row the busiest shopping street, with more than 10,000 passers-by per hour Around 7% rise in the overnight stays over the past five years Above-average retail sales index of 123.0

2 Goseriede Overview of prime retail location(s) chillerstr. Herschelstraße Ernst-August-Galerie Hannover Hbf ÅDB Lister Meile Das neue teintor Goethestraße Münzstraße teintor Kurt-chumacher-traße Mehlstraße Georgstraße Karstadt Karstadt Ernst August Galerie Galeria Kaufhof Bahnhofstraße Große Packhofstraße Kröpcke Karmarschstraße Georgstraße Galerie Luise ernroder traße Joachimstraße Mitte HANNOVER Galeria Kaufhof Opernhaus Ballhof chmiedestraße Börse Marktkirche Karmarschstraße Leibnizufer Markthalle/Landtag Markthalle Osterstraße Georgstraße Nord/LB chiffgraben Einzelhandel / Retail Einkaufzentren /hopping Centres 1a-Lage / Highstreet arenhaus / Department tore hopping Center / hopping Centre OpentreetMap & Contributors, JLL Research 2017 Retail City Profile Hanover eptember

3 Demographic data and retail figures Demographic data Retail figures Ranking* Population as per January 01, , Population trend (in %) +1.0 Number of visitors 2016 (overnight reservations) 2,240, Number of employed persons as per June 30, ,018 8 Employment trend (in %) +8.4 Unemployment rate 2016 (annual average in %) 7.5 Business tax per inhabitant 2015 (in Euro) Ranking* Retail-relevant purchasing power index 2017 per inhabitant Purchasing power index 2017 per inhabitant Retail sales index 2017 per inhabitant Centrality index Chain store penetration ratio 2016, total prime location (%) 71.4 trongest pedestrian traffic Ø per hour Place of counting: Georgstraße aturday, May from 1.00 p.m. to 4.00 p.m. 11,905 5 Rent in prime location 100 sqm retail store 2017** (in Euro/sqm) Rent in prime location 1,000 sqm retail store 2017*** (in Euro/sqm) Employment structure by lines of industry 2016 Business sector structure 2016 in prime location Manufacturing 16.9% Trade/Transport 17.4% Business ervices 32.8% Public administration 32.9% Age structure (population) per Textiles 27.2% hoes/leather goods 7.0% Health/Beauty 12.2% Jewellers 7.5% ood/restaurants, etc. 19.2% Telecommunications/ Home electronics 5.2% urnishings/décor 1.5% Books/tationery 0.9% ports/outdoor 1.5% Others 17.8% 0 up to 16 years 13.7% 16 up to 30 years 19.7% 30 up to 50 years 28.7% 50 up to 65 years 19.0% 65 up to 70 years 4.6% Older than70 years 14.3% * Ranking among 25 cities, of which JLL Retail City Profiles exist. ** Net rent for a virtual shop, 100 sqm sales space ground floor, without steps and columnfree frontage approximatly 6 m. In case of serveral price levels, the rental of the highest potential street is mentioned. *** Net rent for a virtual shop, 500 sqm of ground level space, ten metres front and 500 sqm in the first floor. Retail City Profile Hanover eptember

4 Rental price development and value development Rental price development in prime location Value development in prime location Index value 2008=100 Index value 2008=100 Prime rent Hanover * Basis: 185 cities Development between H H1 2017: 18.8 % Average prime rent* Development between H H1 2017: 14.6 % Inflation Development between H H1 2017: 14.0 % Peak value Hanover * Basis: 185 cities Development between H H1 2017: 27.8 % Average peak value* Development between H H1 2017: 15.2 % Inflation Development between H H1 2017: 14.0 % High street prime rent in Hanover (in Euro/sqm/month) H Multiplier in prime location Hanover H Retail City Profile Hanover eptember

5 hopping Centres / Retail Parks Centrum Kohake Nord est Zentrum hopping Plaza Garbsen Garbsen A352 City-Center Langenhagen Isernhagen Langenhagen Einkaufspark Klein-Buchholz A7 A2-Center Altwarmbüchen telle A37 Burgdorf Planetencenter HANNOVER eelze Ernst August Galerie A2 Ihme Zentrum Hannover City Carré MZ üdbahnhof Lehrte Gehrden Ronnenberg Hemmingen ehnde Leine-Center Laatzen Laatzen ennigsen (Deister) MZ Pattensen Pattensen arstedt Einkaufszentren / hopping Centres hopping Center / hopping Centre tadtgrenze / City Limits Hauptgeschäftszentrum / City Centre achmarktzentrum / Retail Park In Planung, Bau / planned, under construction Dargestellt sind hopping Center und achmarktzentren >= m² (Vkf) Displayed are hopping Centres and Retail Parks >= m² Net Leasable Area (NLA) infas Geodaten, OpentreetMap and contributers, JLL Research 2017 Retail City Profile Hanover eptember

6 List of references JLL Research: Business sector structure in prime locations, calculation of chainstore penetration and rental price of the listed streets, overview of prime retail locations, rental price development, value development, shopping centres Regional and ederal tatistics Offices: Population, visitor numbers, business tax, age structure, inflation rate ederal Employment Agency: Persons employed, employment structure, rate of unemployment IH Retail Consultants: Retail purchasing power index, sales index, centrality index, pedestrian frequency GfK Geomarketing: Purchasing power index EHI-hopping-Center-Report/German Council of hopping Centers e.v.: Information about existing and planned shopping centres Consensus Economics: Prediction inflation rate Retail City Profile Hanover eptember

7 Contacts Jörg Ritter Management Board Germany Retail rankfurt tel +49 (0) Dirk ichner Head of Retail Leasing Germany Berlin tel +49 (0) andra Ludwig Head of Retail Investment Germany Hamburg tel +49 (0) Anke Kaukars Head of hopping Center ervices Germany rankfurt tel +49 (0) Helge cheunemann Head of Research Germany Hamburg tel +49 (0) jll.de Information regarding JLL and our services jll.de/research All research reports on current market figures and special topics jll.de/research/einzelhandel Request further Retail City Profiles of other cities here jll.de/immo Commercial real estate properties for sale or to let throughout Germany Copyright Jones Lang Lasalle E, No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of Jones Lang Laalle. It is based on material that we believe to be reliable. hilst every eff ort has been made to ensure its accuracy, we cannot off er any warranty that it contains no factual errors. e would like to be told of any such errors in order to correct them.