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SES Spar European Shopping Centers
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Financial results 2025: 116 million visitors bring EUR 70 million increase in sales revenues
– EUR 3.61 billion retail partner revenue (+2.2%), +2.7% like-for-like growth
– 116 million visitors in six countries
– 871,000 m² leasable area, with 513,000 m² of this in Austria
– Acquisition of ARKADIA Retail Park in Domžale, Slovenia
– Two construction projects started: SILLPARK Innsbruck and S-PARK Varaždin (Croatia)
– Partial opening of the refurbished KING CROSS Zagreb (Croatia)
In 2025, SES Spar European Shopping Centers once again successfully performed well in the retail environment. Austria’s market-leading shopping mall operator followed its previous strong year by further expanding its position. In the 32 SES shopping destinations in six European countries, over 1,900 store partners from retail, gastronomy and services achieved gross sales revenue of EUR 3.61 billion. This corresponds to sales growth of EUR 70 million, or 2.2 percent, compared to EUR 3.54 billion in 2024. After adjustment for construction projects and expansions, revenue on a comparable floorspace basis increased by 2.7 percent year on year. At 116 million, while still at a high level, the total visitor footfall was slightly below the previous year’s figure, due to extensive construction activities that were ongoing simultaneously at four locations.
– 116 million visitors in six countries
– 871,000 m² leasable area, with 513,000 m² of this in Austria
– Acquisition of ARKADIA Retail Park in Domžale, Slovenia
– Two construction projects started: SILLPARK Innsbruck and S-PARK Varaždin (Croatia)
– Partial opening of the refurbished KING CROSS Zagreb (Croatia)
In 2025, SES Spar European Shopping Centers once again successfully performed well in the retail environment. Austria’s market-leading shopping mall operator followed its previous strong year by further expanding its position. In the 32 SES shopping destinations in six European countries, over 1,900 store partners from retail, gastronomy and services achieved gross sales revenue of EUR 3.61 billion. This corresponds to sales growth of EUR 70 million, or 2.2 percent, compared to EUR 3.54 billion in 2024. After adjustment for construction projects and expansions, revenue on a comparable floorspace basis increased by 2.7 percent year on year. At 116 million, while still at a high level, the total visitor footfall was slightly below the previous year’s figure, due to extensive construction activities that were ongoing simultaneously at four locations.
Financial Results for 2024: Sales growth and increase in visitor numbers
– 117 million visitors (+4.5%) in all six countries
– 3.54 billion euros in shop partner sales (+6.5%)
– Over 145,000m² of newly-leased space or lease extensions
– Hotel opened. Construction start for 40 million euro refurbishment in Croatia
– Strategic cooperation agreed for health parks
– 52 million euro investment in maintenance and sustainability
In 2024, the shopping malls managed by SES Spar European Shopping Centers (SES) even exceeded the previous year’s excellent results. Retailers, restaurants and service providers in SES malls generated gross sales revenue of EUR 3.54 billion, an increase of 6.5% on 2023, showing how SES centers in Austria and Slovenia outperformed the market as a whole. Last year, 117 million people (+4.5%) 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.
– 3.54 billion euros in shop partner sales (+6.5%)
– Over 145,000m² of newly-leased space or lease extensions
– Hotel opened. Construction start for 40 million euro refurbishment in Croatia
– Strategic cooperation agreed for health parks
– 52 million euro investment in maintenance and sustainability
In 2024, the shopping malls managed by SES Spar European Shopping Centers (SES) even exceeded the previous year’s excellent results. Retailers, restaurants and service providers in SES malls generated gross sales revenue of EUR 3.54 billion, an increase of 6.5% on 2023, showing how SES centers in Austria and Slovenia outperformed the market as a whole. Last year, 117 million people (+4.5%) 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.