Czech investment company ZDR Investments has completed two acquisitions on the Austrian market for its qualified investor fund Zdr Fki. The company acquired the PRO shopping centre in Linz's Urfahr district and Amstetten West retail park in the Mostviertel region for a combined value of €50 million.
The transactions build on ZDR's partnership with Rutter Immobilien group, from which the company previously purchased Euco Wolfsberg and Eugendorf retail parks near Salzburg in late 2025.
The PRO shopping centre is located in Urfahr, which forms the natural centre of Linz's left bank and is part of the wider metropolitan area. The district, with nearly 24,000 residents, has undergone transformation in recent years, with growing demand for housing and new businesses making it one of Upper Austria's most dynamic locations.
The newly built centre replaces the original facility and features 18 retail units that are fully leased. Food retailers occupy nearly 50% of the leasable space, including a 5,000 sqm BILLA Plus supermarket - one of the largest in Upper Austria - and Lidl. Other tenants include dm drogerie, Müller, Action, Takko and Deichmann. The centre is scheduled to open on 25 June 2026.
Amstetten West retail park serves as a natural commercial centre for a region with more than 100,000 residents. Located in the city's main commercial zone alongside retailers including XXXLutz and HOFER, the property underwent complete reconstruction and expansion in 2020. Current tenants include dm drogerie, Action, Betten Reiter, Takko and Shoe4You. The retail park has 5,038 sqm of leasable space with a weighted average lease term exceeding six years.
"We have already seen their quality in previous projects - Euco Wolfsberg and Eugendorf. Amstetten West and PRO centre in Linz are further proof that this is a developer group with consistently high standards," said David Čubr, CEO of ZDR Investments.
