PRINZIPALMARKT & LUDGERISTRASSE – AMONGST THE TOP 25 BUSIEST SHOPPING STREETS FOR THE FOURTH TIME IN A ROW
Interest in the Münster retail market remains high, not only in retailers themselves, but also in terms of potential customer base. Every year since 2016, Prinzipalmarkt and Ludgeristraße have occupied places in the nationwide top 25 pedestrian footfall table. In 2019 however, and in contrast to previous years, it is not Ludgeristraße (22nd place with more than 5,800 individuals), but rather Prinzipalmarkt (16th place), with more than 6,500 potential customers, that takes the crown in both an in-city comparison and in a ranking of all shopping streets in cities between 250,000 and 500,000 inhabitants. It is therefore not surprising that the tenant mix has changed only sporadically over the years, and that fluctuation in the prime location has been low since 2015, with fewer than five lettings, and that shops rapidly find a prestigious new tenant, such as Massimo Dutti's recent Boggi Milano. A rarity is the release of retail space also in Ludgeristraße, where e-cigarette label Avantgarde will in future be located at number 82. If, despite the strained supply and demand situation, a brand wishes to maintain a presence in the city, it will often have to resort to secondary locations.
Read the full report by downloading the PDF document.