Overview
NEW 24.04.2024 National
Financial results 2023: SES shopping malls strengthen position as regional visitor magnet and increase sales revenues above market level

With more than 112 million visitors, sales revenues increased to EUR 3.3 billion

SES Mall VARENA.jpg © Robert Fritz

Austria’s market-leading shopping mall operator SES records a pleasing result for the demanding year 2023: in the year just completed, the gross sales turnover of the retailers, gastronomy and service businesses in the SES malls in Austria, Slovenia, Italy, Croatia, Hungary and Czechia amounted to EUR 3.32 billion, thus achieving a 5.1 percent increase in sales compared to 2022. 112 million people (+5.2%) visited the SES malls during the past year – which makes their sites especially attractive for the tenants of retail and gastronomy areas.

NEW 01.03.2024 National
SES Shopping Center in Wels puts photovoltaic system into operation

MAX.CENTER produces its own sustainable energy from solar power

MXW_PV-Anlage

Spring has come in Wels: Recently the sun literally rose when the go-ahead was given for starting up the new photovoltaic system at the MAX.CENTER in Wels. The solar power plant covers 340 square metres on the projecting roof, and will immediately contribute to covering the electricity consumed by the MAX.CENTER. The photovoltaic system with a capacity of 73 kWp consists of 168 panels, and in future will generate around 70,000 kWh of energy a year.

NEW 19.01.2024 National
SES Head Quarters, Salzburg: New ESG unit, new division manager at Facility Management

SES is bolstering the sustainability section and has created a new corporate sustainability position

Andreas Mittendorfer | Tobias Reiter

The issue of ESG (environmental, social, and governance) impacts on every single division at SES Spar European Shopping Centers. This is why, with effect from 1 January 2024, Austria’s market-leading operator of shopping malls has further strengthened its commitment in this area, setting up the Corporate Sustainability unit to this end. Andreas Mittendorfer has taken on this role and will be reporting directly to the CEO, Christoph Andexlinger. His previous position as Head of Facility Management will be filled by his successor Tobias Reiter, who has been on the FM team at SES since 2007.

NEW 03.10.2023 Shopping-Center
SES/VARENA Vöcklabruck commissions one of the region’s most powerful solar power systems

8,300 square metre photovoltaic system enables shopping centre to generate its own sustainable electricity

Commissioning of PV VARENA © Robert Fritz

At a press conference held on Wednesday, 27 September 2023, Thomas Stelzer, governor of the provincial government of Upper Austria, officially commissioned the new photovoltaic system on the roof of the VARENA shopping centre in Vöcklabruck, which is managed by SES. Together with Marcus Wild, SPAR Board Member and Chair of the SES Supervisory Board, Thomas Krötzl, VARENA centre manager, and the Mayor of Vöcklabruck, Peter Schobesberger, he declared one of the region’s most powerful photovoltaic systems operational.

NEW 26.09.2023 Shopping-Center
Complete refurbishment for SES shopping center in Croatia starting in 2024

Brand-new look for Zagreb’s KING CROSS from 2025

View of KING CROSS © Chapman Taylor Düsseldorf

SES has been managing the KING CROSS shopping center in Zagreb/Croatia as owner and operator since 2018. Now SES is developing the established center into Croatia's most modern shopping mall. Construction work to completely refurbish the center will begin in 2024 following investment of approximately 40 million euros. Completion is scheduled for autumn 2025.

NEW 13.09.2023 Shopping-Center
Expansion in Northern Italy for Austria’s Shopping Center Market Leader

SES purchases the IL GRIFONE shopping center in Bassano del Grappa, Italy

IL GRIFONE 1 © SES Italy

SES Spar European Shopping Centers is consolidating its position in the Northern Italian market. With the purchase of the IL GRIFONE shopping center in Bassano del Grappa, located in the highly affluent region of Vicenza/Veneto, the real estate developer and operator takes over a well-established location with immediate effect.

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