In 2024, the shopping malls managed by SES Spar European Shopping Centers (SES) managed to exceed the previous year’s excellent results.
Retailers, restaurants and service providers in SES malls generated gross sales revenue of EUR3.54bn, an increase of 6.5 per cent on 2023, showing how SES centers in Austria and Slovenia outperformed the market as a whole. Last year, 117 million people (+4.5 per cent) visited SES malls in Austria, Slovenia, Italy, Croatia, Hungary and the Czech Republic. 490 new store contracts and contract extensions have introduced new concepts to these regions and a strategic cooperation agreement for health parks has established an important milestone for the future.
In total, SES Spar European Shopping Centers currently manages over 855,000sq m of retail space with around 1,900 stores in 28 shopping malls, two retail parks and one managed shopping street. As of the end of last year, the company employed 435 people.
Marcus Wild, SPAR Real Estate Board Member and SES Supervisory Board Chairman: “Last year, the SES team continued the positive development of its shopping destinations, achieving notable commercial success despite the challenging economic environment. SES can be guaranteed to be a reliable partner, especially for small and medium-sized companies from the retail, gastro and service sectors.”
