Innsbruck/Austria, February, 12 2025. Smaller structured spaces are obviously more promising for the future due to rising property prices. This is because retail space is crumbling in some places. The motto is, it’s better to have vacancies than lower prices.
The Raiqa in Innsbruck’s city centre is to offer retail, gastronomy, art space and more in addition to a hotel, as reported by ORF. Completion is planned for the beginning of 2026.