ZDR Public Strengthens Its Position in the Austrian Market

The retail fund ZDR Public, specializing in long-term leased retail properties, has expanded its portfolio with the acquisition of a retail park in Zeltweg, Austria. This is the fund’s second property in the Austrian market.

The fund concluded the first half of the year with the purchase of a modern retail park completed in 2022. The asset is fully occupied under long-term leases and offers an above-standard WAULT (Weighted Average Unexpired Lease Term) of 8.5 years. The anchor tenant is BILLA supermarket, complemented by a discount retailer, additional service providers, and a café bar. Both buildings are partially equipped with solar panels, providing an installed capacity of 200 kWp.

Its strategic location near the main traffic junction of a town of 7,000 inhabitants ensures strong footfall from surrounding residential areas. The site also benefits from proximity to the renowned Formula 1 Red Bull Ring, which attracts thousands of visitors annually from across the region.

Zeltweg Retail Park:

• Completed: 2022
• Leasable area: 2,700 m²
• Tenants: BILLA, NKD, KLIPP and others
• WALE: 8.5 years
• Installed solar capacity: 200 kWp

Today, ZDR Public owns 27 properties with a total value of CZK 3.7 billion and a WALEof 6.2 years. The fund generated a 12-month yield of 6.44% as of 30 June 2025, and its total return since inception in December 2019 has reached 47.96%.

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The Zeltweg retail park represents ZDR Public’s second Austrian asset, following the acquisition of a retail park in Villach last year. The group’s qualified investor fund, ZDR FKI, was the first to enter the Austrian market in 2020.