Retail City Profile

Freiburg | Full year 2017 Published in September 2017

Retail Market Freiburg Stable prime rent of €165/sqm p.m. Above-average centrality index of 148.3 Chain store penetration in prime location: 61.1% Overview of prime retail location(s)

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L eop old ring

Schwarzwaldcity Karlsbau e ß a r FREIBURG t -S h Karstadt IM BREISGAU p e s W Karstadt o J r- St. Martin e Ra is th a Breuninger ausg K asse

W Münster Unserer Theater Müller Lieben Frau Freiburg W Galeria Kaufhof

S al zst raße KG III

g KG I n ri rg e b s s lo h c S

KG IV

e b W a a w

lls h t c 0 100 200 raß e S Kartäuserstraße

Einzelhandel / Retail 1a-Lage / Highstreet W Warenhaus / Department Store

OpenStreetMap & Contributors, JLL Research 2017

Retail City Profile Freiburg | September 2017 2 Demographic data and retail figures

Demographic data Retail figures

Ranking* Ranking*

Population as per January 01, 2016 226,393 20 Retail-relevant purchasing power index 2017 Population trend 2012-2016 (in %) -1.8 – per inhabitant 97.3 19

Number of visitors 2016 Purchasing power index 2017 per inhabitant 95.0 19 (overnight reservations) 1,438,319 14 Retail sales index 2017 per inhabitant 144.4 5

Number of employed persons Centrality index 2017 148.3 3 as per June 30, 2016 119,149 20 Chain store penetration ratio 2016, Employment trend 2012-2016 (in %) +10.4 – total prime location (%) 61.1 –

Unemployment rate 2016 Strongest pedestrian traffic Ø per hour (annual average in %) 5.9 – Place of counting: Kaiser-Joseph-Straße 202-204 Saturday, May 06 2017 from 1.00 p.m. to 4.00 p.m. 5,175 22 Business tax per inhabitant 2015 (in Euro) 578 16 Rent in prime location 100 sqm retail store 2017** (in Euro/sqm) 165 11

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

❚ Textiles 22.9% ❚ Shoes/Leather goods 7.6% ❚ Health/Beauty 13.2% ❚ Manufacturing 13.3% ❚ Jewellers 9.0% ❚ Trade/Transport 22.4% ❚ Food/Restaurants, ❚ Business Services 19.9% etc. 20.1% ❚ Public administration 44.4% ❚ Telecommunications/ Home electronics 4.9% ❚ Furnishings/Décor 5.6% ❚ Books/Stationery 1.4% ❚ Sports/Outdoor 3.5% Age structure (population) per 01.01.2016 ❚ Others 11.8%

❚ 0 up to 16 years 14.1% ❚ 16 up to 30 years 24.4% * Ranking among 25 cities, of which JLL Retail City Profiles exist. ❚ 30 up to 50 years 27.7% ** Net rent for a virtual shop, 100 sqm sales space ground floor, without steps and ❚ 50 up to 65 years 17.7% columnfree frontage approximatly 6 m. In case of serveral price levels, the rental of the highest potential street is mentioned. ❚ 65 up to 70 years 4.0% *** Net rent for a virtual shop, 500 sqm of ground level space, ten metres front and ❚ Older than70 years 12.1% 500 sqm in the first floor.

Retail City Profile Freiburg | September 2017 3 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 Freiburg * Basis: 185 cities Peak value Freiburg * Basis: 185 cities Development between H1 2007-H1 2017: 43.5 % Development between H1 2007-H1 2017: 56.6 % Average prime rent* Average peak value* Development between H1 2007-H1 2017: 14.6 % Development between H1 2007-H1 2017: 15.2 % Inﬂ ation Inﬂ ation Development between H1 2007-H1 2017: 14.0 % Development between H1 2007-H1 2017: 14.0 %

High street prime rent in Freiburg Multiplier in prime location Freiburg (in Euro/sqm/month) 2012 135 2012 18.00 2013 150 2013 18.00 2014 160 2014 18.50 2015 165 2015 19.00 2016 165 2016 19.50 H1 2017 165 H1 2017 20.50

Retail City Profi le Freiburg | September 2017 4 Shopping Centres / Retail Parks

Nimburg Emmendingen Wasser Kollmarsreute

Waldkirch

Buchholz

Denzlingen

Hochdorf

Breisach Gundelfingen am Rhein Freiburg im Breisgau Wildtal Waltershofen

Guendlingen West-Arkaden

A5 S Opfingen ZO – Zentrum Oberwiehre Breisgau-Center Freiburg

R h Tiengen F S e im Breisgau

i n

Munzingen Hausen Kappel an der Guenterstal Moehlin

Biengen

Bad Krozingen

Tunsel

0 2 4

Einkaufszentren / Shopping Centres Stadtgrenze / City Limits

S Shopping Center / Shopping Centre Hauptgeschäftszentrum / City Centre

F Fachmarktzentrum / Retail Park

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

Retail City Profile Freiburg | September 2017 5 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

Retail City Profile Freiburg | September 2017 6 Contacts

Jörg Ritter Dirk Wichner Sandra Ludwig Management Board Germany – Retail Head of Retail Leasing Germany Head of Retail Investment Germany Frankfurt Berlin Hamburg tel +49 (0) 69 2003 2316 tel +49 (0) 30 203980 118 tel +49 (0) 40 350011 207 [email protected] [email protected] [email protected]

Anke Kaukars Helge Scheunemann Head of Shopping Center Services Head of Research Germany Germany Hamburg Frankfurt tel +49 (0) 40 350011 225 tel +49 (0) 69 2003 1154 [email protected] [email protected]

jll.de Information regarding JLL and our services jll.de/research All research reports on current market fi gures and special topics jll.de/research/einzelhandel Request further Retail City Profi les of other cities here jll.de/immo Commercial real estate properties for sale or to let throughout Germany

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