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Retail By City

AntwerpBelgium

city rank #76

City Overview

In addition to the diverse range of its shops, the MoMu fashion museum and the famous Fashion Academy confirm Antwerp's commitment to design. Belgium’s second city is vibrant and rich in historical buildings, museums, art galleries, theatres, shops, bars and restaurants. The city of Antwerp offers excellent accessibility both by road and by public transport. The E313 highway gives direct access to Hasselt and Liège and the E17 connects Antwerp with Ghent, while the E19 links the city with Brussels via Mechelen. The Antwerp railway station, Antwerpen Centraal, lies a short distance from the town centre shopping area and is one of Belgium's main railway stations. Since its renovation, the station is served by international high speed trains.

The city of Antwerp has a population of 523,248. This count nearly doubles to 769,773 within a 20-minute catchment and grows to 995,974 within a 30-minute drive. Unlike Brussels, average household income is relatively stable around 33,000 EUR given the different catchments and is higher than the average for Flanders. As Antwerp is the preferred shopping city for many Flemish consumers, the catchment area in reality extends far beyond the city. In a recent CBRE retailer survey, Antwerp was voted one of retailers’ favorite retail destination, further supporting the city’s shopping credentials. The city also benefits from a large variety of retailers and a pleasant circuit of shopping areas linked by pedestrian streets home to mass-market, luxury and trendy independent retailers. The Meir and the Huidevettersstraat shape the downtown shopping district. The rental values for prime locations on the Meir are pushing 1,875 EUR/sqm/yr for units of 200 sqm with 7m frontages. These rates are among the highest for Belgian retail space. In terms of footfall, the Meir is one of the most popular streets in Belgium, counting 200,000 people each week, with Saturday being by far the busiest day. Luxury retailers, though, tend to concentrate on the Schuttershofstraat. With a more niche consumer profile, footfall on the Schutterhofstraat is around 83,000 visitors per week on average. The Kammenstraat and Wilde Zee districts attract some of the trendiest retailers in the city. Around 180 units can be found here, typically with floor areas below 300 sqm. After the fashion sector, pubs and restaurants take up considerable floor areas.

The Wijnegem Shopping Centre is located 10 km from Antwerp city centre. At 60,000 sqm, it is the largest in Belgium and commands the highest shopping rental rates of 1,300 EUR/sqm/yr. It opened its doors in 1993 and offers around 250 units of mid-market shopping. Anchor tenants are HM, Zara, CA, WE and Carrefour. The shopping centre is extremely popular and welcomes around 160,000 visitors a week.

New development in Antwerp and peripheral municipalities is limited. The Turnova city centre shopping centre in Turnhout (40 shops for 2019) is less compelling in a market of rising vacancy. Mechelen Noord IV, a newly approved 24-store, 28,000 m² retail park is also expected. 

Things to do

See

Work

Rest

Shopping: the Diamond district Culture: visit the 'Rubenshuis', home of the famous Flemish painter, the Antwerp Zoo, the MoMu, the fashion museum, the Brabo statute portraying the legend of Antwerp, and the MAS in the popular Eilandje district


And be seen

Eat

Many little restaurants are concentrated on "het Zuid". Ferrier 30 (Leopold Dewaelplaats 30) is particularly good.


Drink

There are lots of bars on het Zuid. Sips is the trendy cocktail bar of the moment.


Be Merry

Café d'Anvers is a popular nightclub.


Other Cities in Belgium

Contact Us

Denys De Kempe
Cockerillkaai 26, 2000 Antwerp
+32 3 259 15 80 | denys.dekempe@cbre.com