Vacancies in Günzburg: Where financial experts see an opportunity

Vacancies in Günzburg: Where financial experts see an opportunity

According to a report from www.augsburger- Allgemeine.de, some buildings in Günzburg city center have not been used for half a decade. The Mader butcher's shop on Marktplatz closed its doors in spring 2019, and the Kleiber butcher's shop on Mayor-Landmann-Platz has also stopped selling since November. The empty rooms are waiting to be filled with life again, but to date no new tenant has been found. Other shops in the city center are also no longer in use, resulting in a noticeable gap. This development has an impact on the real estate market in Günzburg.

A vacancy rate of 15.7% in the city center: The recently closed shops have increased the vacancy rate in Günzburg city center to 15.7%. This is an alarmingly high figure that may reduce the attractiveness of the city center for potential buyers and tenants.

Decline in real estate prices in the city center: Due to the increasing vacancy rate and the lack of new tenants, a decline in real estate prices in the city center is to be expected. This could result in existing property owners having difficulty selling or renting their properties.

Impact on the cityscape and attractiveness: The high vacancy rate of shops and real estate affects the cityscape and the attractiveness of the city center. Potential buyers and tenants could be deterred from investing in the region due to the negative impression.

The city of Günzburg must take urgent measures to combat vacancies in the city center and increase the attractiveness of the real estate market. This could be achieved through targeted support programs, the creation of new incentives for potential business settlements and the revitalization of vacant properties. It is important that the city administration and real estate experts work together to meet these challenges and revitalize Günzburg's city center.