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


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. The seller of the property is a fund of MCAP Global Finance (UK) LLP, the European branch of Marathon Asset Management LP ('Marathon') headquartered in New York. The center, which opened its doors in 2009, boasts over 20,000 square meters of gross leasable area (GLA), 7,000 of which already belonged to the SPAR Group (ASPIAG Italy) prior to the takeover. This latest addition takes the SES portfolio to 31 locations, three of which are already classed as large-scale Italian shopping malls.

NEW 30.08.2023 Shopping-Center
All Slovenian SES shopping malls to be fitted with large-scale photovoltaic systems from now on

SES invests approximately 5.5 million euros in generating its own power in Slovenia

Christoph Andexlinger c Andreas Schaad

The number of photovoltaic surfaces installed on SES shopping malls is constantly increasing. This year, SES has invested in the construction of photovoltaic systems in the five Slovenian shopping centers, namely ALEJA, CITYPARK and CENTER VIČ in Ljubljana, CITYCENTER Celje and EUROPARK Maribor. The systems, boasting a total output of 4,300 kilowatts, have been in operation since July and August. They cover around one-fifth of the centers’ electricity requirement with a 1,200-ton saving in terms of CO2 emissions. The SES climate objective to fit photovoltaic systems on at least 50 percent of its available mall roof surfaces by 2040 has therefore already been achieved or exceeded to significant extent in Slovenia. SES is currently operating four photovoltaic systems in Austria. An additional three locations are scheduled to be equipped with these systems by the end of the year.

NEW 22.05.2023 Shopping-Center
SES receives international award for Slovenian Shopping Mall

ECSP Design and Development Award for ALEJA Ljubljana

Board award photo c Heiko Mandl

After a four-year break due to the pandemic, on Monday, May 15 the International Design and Development Awards were presented in Milan. Europe’s largest retail property association, the European Council of Shopping Places (ECSP), presents the prizes in recognition of particularly outstanding projects in the retail property sector. This year the ALEJA Ljubljana shopping center was voted Europe’s best shopping center in its category. Following on from the 2021 Global RLI Award, this is the second internationally important award for ALEJA - the latest mall created by Austrian-based developer and operator SES Spar European Shopping Centers (SES).

NEW 13.04.2023 National
2022 Overview: Encouraging Progress in Retail Turnover and Footfall

Turnover in SES Shopping Malls Exceeds 3 Billion Euros for the First Time

EUROPARK Salzburg c evatrifft
  • Over 100 million visitors
  • 3.1 billion euros gross sales turnover generated by retail partners
  • Turnover of Austrian SES centers: over 2 billion euros
  • Over 30,000 m² additional photovoltaic systems scheduled for 2023
  • Hotel construction in Lienz on schedule

SES shopping malls proved extremely popular in 2022 and brick-and-mortar retailers regained a foothold. The gross sales turnover of a total of 1,800 shops located on the 30 SES Spar European Shopping Center sites in Austria, Slovenia, Italy, Hungary, Croatia, and the Czech Republic continued to grow in the past year. With sales up 18.5 percent and a 3.1 billion euros turnover compared to 2021, SES enjoyed a record year in terms of development since its inception in 2007. SES Centers in the key Austrian market also topped their 2019 turnover, displaying better development than the sector per se*. The 17.6 percent increase in footfall, amounting to over 100 million visitors, almost reached pre-pandemic levels. In 2022, SES invested in numerous sustainable measures such as large-scale installation of photovoltaic systems and the ongoing interim expansion of e-charging stations, currently amounting to 175 charging points coupled with extensive LED retrofitting.

*Source: Statistics Austria: 8.1 percent nominal increase in retail sales turnover for Austria (excluding motor vehicles) 2022

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