Developer, center manager, and retail real estate partner
SES reports a successful year and remains international pioneer
The shopping centers managed by Austria’s market leader SES Spar European Shopping Centers (SES) remained on a successful trajectory in 2017 and once more outdid the outstanding performance of the previous year. Retailers at the 29 locations in five countries generated gross sales revenue to the amount of 2.88 billion euros. This corresponds to an increase of +3% on 2016. SES celebrated its tenth anniversary in 2017 and was able to register the opening of HUMA ELEVEN in Vienna – the only opening of a shopping center in Austria during the whole year. Construction of the district shopping center in Ljubljana-Šiška, Slovenia, was also started. In 2018 excavators will move in to start building work in an inner city neighborhood of Lienz, East Tyrol, and the 6,500-m² expansion of MURPARK in Graz will open in summer 2018. SES currently operates in six European countries. In addition to its own centers, SES manages shopping malls for third parties, e.g. Signa, Deka and Allianz.