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Retail City Profile
Stuttgart | Full year 2017 Published in September 2017
Retail Market Stuttgart Prime rent currently at €270/sqm p.m.
Königstraße reaches nearly 7,500 passers-by per hour
Tourist destination recording 3.7 million overnight stays per anum
Retail City Profile Stuttgart | September 2017 2
Overview of prime retail location(s)
S
S
®U
®U
®U
®U
®U
®U
®U
®U
®U®U
S
S
W
W
StiftstraßeSchulstraße
Marienstr
aße
König
stra
ße
Das Gerber
Königsbau Passagen
Hegelplatz
Schillerstraße
TorstraßeH au p tstä
tterStr
aße
Planie
Büchsenstraße
Reinsburgstraße
Hegelstraße
Rosenbergstraße
Paulinenstraße
Rotebühlstraße
Willi-Bleicher- S tr aße
CharlottenstraßeKo
nrad-A
dena
uer-S
traßeHo
lzgart
enstr
aße
Kriegsbergstraße
Fried
richs
t raße
Fritz-Elsas-Straße
Schloßstraße
Theo
dor-H
euss-
Straße
Kernerv ierte l
Stuttgart-West
ObererSchlossgarten
Heusteigvierte l Dobel
HauptbahnhofUniversi tät
Neue Vorstadt
Rathaus
STUTTGART
Opernhaus
Markthalle
Allianz
Lidl
Bau1
Das Gerber
Breuninger
Galeria Kaufhof
Galeria Kaufhof
Einzelhandel / Retail
1a-Lage / Highstreet
W Warenhaus / Department Store
Einkaufzentren /Shopping Centres
S Shopping Center / Shopping Centre
Müller
OpenStreetMap & Contributors, JLL Research 2017
W
Retail City Profile Stuttgart | September 2017 3
Demographic data and retail figures
* 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.
Demographic data
Ranking*
Population as per January 01, 2016 623,738 6
Population trend 2012-2016 (in %) +1.2 –
Number of visitors 2016 (overnight reservations) 3,706,017 8
Number of employed persons as per June 30, 2016 396,516 6
Employment trend 2012-2016 (in %) +10.2 –
Unemployment rate 2016 (annual average in %) 5.3 –
Business tax per inhabitant 2015 (in Euro) 748 11
Retail figures
Ranking*
Retail-relevant purchasing power index 2017 per inhabitant 106.4 4
Purchasing power index 2017 per inhabitant 111.8 4
Retail sales index 2017 per inhabitant 132.8 9
Centrality index 2017 124.8 8
Chain store penetration ratio 2016, total prime location (%) 70.1 –
Strongest pedestrian traffic Ø per hour Place of counting: Königstraße 14 Saturday, May 06 2017 from 1.00 p.m. to 4.00 p.m.
7,455
13
Rent in prime location 100 sqm retail store 2017** (in Euro/sqm) 270 6
Rent in prime location 1,000 sqm retail store 2017*** (in Euro/sqm) 110 6
❚ Manufacturing 20.1%❚ Trade/Transport 15.2%❚ Business Services 37.6%❚ Public administration 27.1%
Employment structure by lines of industry 2016
❚ Textiles 30.8%
❚ Shoes/Leather goods 6.8%
❚ Health/Beauty 10.3%
❚ Jewellers 6.0%
❚ Food/Restaurants, etc. 18.8%
❚ Telecommunications/ Home electronics 6.0%
❚ Furnishings/Décor 3.8%
❚ Books/Stationery 1.7%
❚ Sports/Outdoor 2.1%
❚ Others 13.7%
Business sector structure 2016 in prime location
❚ 0 up to 16 years 13.7%❚ 16 up to 30 years 20.0%❚ 30 up to 50 years 30.6%❚ 50 up to 65 years 17.7%❚ 65 up to 70 years 4.4%❚ Older than70 years 13.6%
Age structure (population) per 01.01.2016
Retail City Profi le Stuttgart | September 2017 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
High street prime rent in Stuttgart (in Euro/sqm/month)
2012 235
2013 240
2014 250
2015 250
2016 270
H1 2017 270
Multiplier in prime location Stuttgart
2012 21.2 0
2013 21.7 0
2014 21.7 0
2015 23.5 0
2016 24.8 0
H1 2017 24.8 0
Prime rent Stuttgart * Basis: 185 cities Development between H1 2007-H1 2017: 28.6 %
Average prime rent* Development between H1 2007-H1 2017: 14.6 %
Infl ation Development between H1 2007-H1 2017: 14.0 %
Peak value Stuttgart * Basis: 185 cities Development between H1 2007-H1 2017: 38.6 %
Average peak value* Development between H1 2007-H1 2017: 15.2 %
Infl ation Development between H1 2007-H1 2017: 14.0 %
Retail City Profile Stuttgart | September 2017 5
Shopping Centres / Retail Parks
F
F
SS
SS
SS
SS
SS S
S
SS
City CenterBöblingen
MercadenBöblingen
BreuningerlandSindelfingen
Stern Center
SchwabenGalerie
Das ES!
Das Gerber
Königsbau PassagenStuttgart
Milaneo
Leo-Center
CARRÉ BadCannstatt
RemsPark
Neckar Center
FMZ WaiblingerTor
A831
A8
A81
Sindelfingen
Esslingenam Neckar
Ludwigsburg
Waiblingen
Holzgerlingen
Schönaich
Denkendorf
Neuhausenauf denFildern
Wendlingenam Neckar
Gerlingen
Möglingen
Korntal-Münchingen
Korb
Kernenim Remstal
Böblingen
Leonberg
Filderstadt
Leinfelden-Echterdingen
Ostfildern
Ditzingen
Kornwestheim
Remseckam Neckar
FellbachWeinstadtSTUTTGART
0 2 4 km
Einkaufszentren / Shopping Centres
S Shopping Center / Shopping Centre
F Fachmarktzentrum / Retail Park
Stadtgrenze / City Limits
Hauptgeschäftszentrum / City Centre
Dargestellt sind Shopping Center und Fachmarktzentren >=10.000 m² (Vkf)Displayed are Shopping Centres and Retail Parks >=10.000 m² Net Leasable Area (NLA)infas Geodaten, OpenStreetMap and contributers, JLL Research 2017
S
Retail City Profile Stuttgart | September 2017 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 Federal Statistics Offices:Population, visitor numbers, business tax, age structure, inflation rate
Federal Employment Agency:Persons employed, employment structure, rate of unemployment
IFH Retail Consultants:Retail purchasing power index, sales index, centrality index, pedestrian frequency
GfK Geomarketing:Purchasing power index
EHI-Shopping-Center-Report/German Council of Shopping Centers e.V.:Information about existing and planned shopping centres
Consensus Economics:Prediction inflation rate
Jörg RitterManagement Board Germany – RetailFrankfurttel +49 (0) 69 2003 [email protected]
Anke KaukarsHead of Shopping Center Services GermanyFrankfurttel +49 (0) 69 2003 [email protected]
Dirk WichnerHead of Retail Leasing GermanyBerlintel +49 (0) 30 203980 [email protected]
Helge ScheunemannHead of Research GermanyHamburgtel +49 (0) 40 350011 [email protected]
Sandra LudwigHead of Retail Investment Germany Hamburgtel +49 (0) 40 350011 [email protected]
Contacts
Copyright © Jones Lang Lasalle SE, 2017.
No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of Jones Lang LaSalle. It is based on material that we believe to be reliable. Whilst every eff ort has been made to ensure its accuracy, we cannot off er any warranty that it contains no factual errors. We would like to be told of any such errors in order to correct them.
jll.de Information regarding JLL and our servicesjll.de/research All research reports on current market fi gures and special topicsjll.de/research/einzelhandel Request further Retail City Profi les of other cities herejll.de/immo Commercial real estate properties for sale or to let throughout Germany
