Strasbourg

StrasbourgLocated in northeastern France, Strasbourg is a major economic and cultural hub in Europe. Close to the German border and to the river Rhine, Europe’s most important commercial waterway, the city benefits from excellent transport infrastructure. Strasbourg is also home to many European institutions including the European parliament, making it the most important political centre in France behind Paris.

Strasbourg is the capital of Alsace, one of France’s wealthiest regions posting one of the lowest unemployment rates in the country. With 42,000 students (including 20% foreign students), Strasbourg enjoys a long and multicultural tradition of teaching-excellence while, combining French and Germanic culture, it also boasts a strong identity both reflected in the Alsatian language and renowned culinary traditions.

A Unesco World Heritage site since 1988 and the historic core of Strasbourg, la Grande Île is the heart of Strasbourg’s retail scene. This territory, delimited by the Ill river and the Faux-Rempart canal, comprises several prime retail zones including Place Kléber, the largest square of Strasbourg’s city centre. Other prominent retail thoroughfares are located nearby, with Rue des Grandes Arcades being the favoured location for prominent international mass-market retailers.

The retail property market outside of la Grande Île is dominated by two major downtown shopping centres: Place des Halles, a 42,000 sq. m. shopping centre opened in 1979 and Rivétoile, a 30,000 sq. m. shopping centre opened in 2008. Located in the North of the Greater Strasbourg area, Vendenheim is the dominant retail zone on the outskirts.

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PLACE KLEBER: 48.583863, 7.745731
RUE DES GRANDES ARCADES: 48.582752, 7.747169
RUE DES HALLEBARDES: 48.582114, 7.749511
RUE DU VIEUX MARCHE AUX POISSONS: 48.580357, 7.749870
RUE DE LA MESANGE: 48.584362, 7.747403
RUE DE LA HAUTE-MONTEE: 48.584393, 7.745278
RIVÉTOILE SHOPPING CENTRE: 48.573722, 7.756902
PLACE DES HALLES: 48.587060, 7.742673
RUE DES ORFEVRES: 48.582613, 7.748895
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PLACE KLEBER

Lined with neoclassical buildings, Place Kléber is the largest and most renowned square of Strasbourg and the core of the city’s retail scene. Serviced by the tramway, this pedestrian area benefits from massive influx of tourists and local residents, and is home to international mass-market retailers in a wide range of activity sectors including fashion, services and household equipment. Place Kléber accommodates two 6,000 sq. m. shopping centres, La Maison Rouge and L’Aubette, anchored by prominent international retailers including FNAC, Zara and Apple.
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RUE DES GRANDES ARCADES

Linking Rue de la haute Montée to Place Gutenberg, Rue des Grandes Arcades is a major pedestrian thoroughfare and the street posting the highest retail rental values in the Alsatian capital. Anchored by Monoprix and Sephora, Rue des Grandes Arcades is one of Strasbourg’s main targets for mass-market to mid-range international retailers willing to expand in the largest French provincial cities, as confirmed with the recent openings of Kiko and Desigual.
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RUE DES HALLEBARDES

Rue des Hallebardes links Place Gutenberg to Rue des Juifs and mostly accommodates middle to upper range French women fashion retailers such as Caroll, Devernois, Etam or more recently Zapa. Rue des Hallebardes also hosts upper-range retailers in a wide range of activity sectors including fashion, food, jewellery or perfumes (Lacoste, Kusmi Tea, Swarovski, Annick Goutal).
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RUE DU VIEUX MARCHE AUX POISSONS

Rue du Vieux Marché aux Poissons links Pont du Corbeau on the Ill River to Place Gutenberg. The section between Place Gutenberg and Place des Tripiers is the busiest and is home to several mid to upper-range retailers (Comptoir des cotonniers, Maje, The Kooples, etc.). Tenant mix in the section between Place des Tripiers and the Ill River is more diverse, with a few banks and a handful of restaurants and food retailers.
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RUE DE LA MESANGE

Linking Rue de la Haute-Montée to Place Broglie and serviced by the tramway, Rue de la Mésange is a traditional market for upper-range to luxury retailers. The section between Rue de l’Église and Place Broglie hosts upper-range fashion retailers such as Zadig & Voltaire and Sandro. World-renowned brands such as Mont-Blanc, Louis Vuitton, Hermès or Cartier are located in the section between Rue de la Haute-Montée and Rue de l’Église. However, a few luxury brands recently left the street and were replaced by lower range retailers (e.g. Violeta by Mango on the former site of Gucci).
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RUE DES ORFEVRES

Rue des Orfèvres is a small street linking Rue des Hallebardes to Rue du Temple Neuf. Restaurant and food retailers are dominant while the street also hosts several upper-range retailers in other activity sectors such as fashion, accessories or beauty (Eric Bompard, Furla, Le Tanneur, Kiehl’s).
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RUE DE LA HAUTE-MONTEE

Rue de la Haute-Montée is a small pedestrian street linking Place de l’Homme de Fer to Rue de la Mésange. Located near L’Aubette shopping centre, Rue de la Haute-Montée is anchored by Le Printemps department store and also hosts a few middle range retailers.
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RIVÉTOILE SHOPPING CENTRE

A 30,000 sq. m. downtown shopping centre, opened in 2008 and located 4 kilometers away from Place Kléber, Rivétoile is adjacent to one of the three most visited multiplex cinemas in the provinces. Anchored by a Leclerc hypermarket and visited by nearly 6 million visitors annually, Rivétoile hosts over 90 units, half of which are mass market fashion retailers including Zara, H&M, Hollister or Mango. The shopping centre was recently sold by Unibail-Rodamco to Wereldhave as part of a portfolio of six shopping centres located in France and the Paris region.
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PLACE DES HALLES

Located outside of la Grande Île, a few minutes away from Place Kléber and Strasbourg railway station, Place des Halles is one of the city’s most prominent shopping centres. Opened in 1979, this 42,000 sq. m. downtown shopping centre attracts over 13 million visitors each year. Anchored by BHV department store, C&A, Go Sport and Sephora, Place des Halles is a key destination for international mass-market retailers in a wide range of activity sectors. Place des Halles has been renovated in 2013.

MARKET OVERVIEW
KEY AREAS / STREETS/SHOPPING CENTERSCONSUMER PROFILEMAJOR RETAILERS PRESENTNEW ENTRANTSTYPICAL RENT FOR UNIT OF 200 SQ.M* (*INCLUDES KEY MONEY)RANGE OF UNIT SIZES
Place Kléber/Aubette & Maison Rouge shopping centresTourists, local residents Mass market to mid range retailersEtam, Camaïeu, Lancel, Stradivarius, Zara, FNAC, Habitat, Apple, Undiz1,500-2,000Up to 500
Rue des Grandes ArcadesTourists, local residents Mass market retailers Celio, Minelli, André, Naf Naf, Etam, Mango, Levi’s, Adidas, , Monoprix, Sephora, SuperdryDesigual1,600-1,800Up to 500
Rue des HallebardesTourists, local residents Mass market to mid range retailersLacoste, Kusmi Tea, The Body Shop, Swarovski, Calzedonia1,200-1,500Up to 250
Rue du Vieux Marché aux poissons Tourists, local residents Mass market to mid range retailers Aigle, Zapa, Maje, Rodier, Mauboussin, Gerard Darrel, Comptoir des Cotonniers, Geox, The KooplesDe Fursac1,000-1,500Up to 200
Rue de la MésangeTourists, local residents Mid range to luxury retailers Cartier, Hermes, Façonnable, Sonia Rykiel, Montblanc Louis Vuitton, Sandro, Zadig & Voltaire, The Kooples, Escada, NespressoBash, Violeta by Mango1,400-1,600Up to 250
Rue de la Haute MontéeTourists, local residents Mass market to mid range retailers Le Printemps department store, The Body Shop, Freeman Porter, Celio Club, Karen Millen, EurodifVans1,200-1,500Up to 1,500
Rue des OrfèvresLocal shoppers Tourists Mass market to mid range retailersFurla, Eric Bompard, Kielh’s, L’Occitane en Provence, Le Tanneur, MarionnaudLa Chambre aux Confitures1,000-1,500Up to 250
RivétoileLocal residents, Mass market retailers Desigual, Gap, H&M, Zara, Bershka, Célio, La Grande Récré, Sephora, Yves Rocher, Leclerc hypermarket, Bershka, Hollister, Kiko, Marionnaud, Mango, Oysho, Superdry, Swarovski, Tally WeijlCalzedonia, Les P’tites Bombes, Sketchers, Timberland800All sizes
Place des HallesLocal residents Mass market retailers New Look, Toys R’ Us, C&A, Darty, Go Sport, H&M, Sephora, Zara, Mango, Undiz, Vapiano, Pimkie, Jules, Jennyfer, Etam, Celio, Bonobo, AndréCalzedonia, Kaporal, The Kase1,400All sizes

Data as of June 2015

Alsace’s strong culinary traditions reflect the combined influence of French and Germanic culture. Alsace is world-renowned for some of its local products such as wine or “foie gras” and specialities including choucroute, potato rösti and baekeofe.
Winstubs are one of the most interesting features of the Alsatian gastronomy. Traditional restaurants where both local residents and tourists have dinner in a warm atmosphere sitting around wooden tables covered with red chequered tablecloths, many winstubs are located in the Grande Île area including Yvonne, Le Clou, or Zuem Strissel. Close to the Cathedral, La Casserole offers original dishes to taste in a cozy environment.

Located in the South West of la Grande Île, la Petite France is one of strasbourg’s most popular destinations for tourists and an area comprising many winstubs including L’Oignon or Lohkäs and a handful of restaurants offering a more modern and creative cuisine such as Umami or La Cambuse.

Outside of la Grande Île, a few districts in the city centre host fine restaurants such as Le Bistrot du Boulanger or le Gavroche in Krutenau, or Buerehiesel in Le Parc de l’Orangerie, near the Council of Europe.

MARKET OVERVIEW
KEY AREASCONSUMER PROFILEFOOD & BEVERAGE OPERATOR INCLUDINGRENT FOR 3,500 SQFT UNIT
Grande Île/Cathérale Local residents, touristsYvonne, Kammerzell, Zuem Strissel, Le Saint-Sepulcre, Le Tire-Bouchon, Le Clou, La Table de Louise, La Casserole, Au CrocodileN /A
La Petite FranceLocal residents, touristsL’Oignon, La Cambuse, Umami, Lohkäs, La Rivière N /A
Ouside of La Grande Île Local residentsLe Bistrot du Boulanger, Gavroche, BuerehieselN /A

Data as of June 2015


Strasbourg Contacts

CHRISTIAN DUBOIS

Partner, Retail Services France
Cushman and Wakefield LLP
Etoile Saint Honore
21 rue Balzac
75008 Paris
Tel: +33 01 53 76 92 96
Mob: +33 06 71 01 43 01