Big cities with the most new retail supply in H1 – report

A total of more than 172,000 sqm of new shopping center space was completed in the biggest agglomerations in Poland – Warsaw, Wrocław, Kraków, the Tri-city, Poznań, Szczecin, Łódź and the Silesia conurbation – in the first half of this year, which accounts for 75% of the combined H1 supply of new sh...

Owners modernizing malls ahead of Wroclavia opening

The upcoming opening of the 64,000-sqm Wroclavia shopping center in Wrocław, scheduled to take place in October, has led owners of some of the existing malls in the city to launch modernization work and refresh tenant mixes as they expect the competition in the market to become fiercer, according to...

Białystok malls follow the extension trend

The eastern city of Białystok has seen a number of extensions to its shopping centers, with two still ongoing: the extension of Auchan Hetmańska set to be completed in 2017 and CH Zielone Wzgórze scheduled for completion in 2018, which will altogether add 14,500 sqm to the market, according to a rec...

Two outlet centers coming to Bydgoszcz

The city of Bydgoszcz will soon have its first outlet centers: Outlet Center Bydgoszcz (11,000 sqm) near the IKEA store and Metropolitan Outlet (17,000 sqm) in the Carrefour Glinki mall, currently under refurbishment. The two centers will expand the city’s retail market by 10 percent. Bydgoszc...

Olsztyn shopping malls with higher vacancies – Colliers

Vacancy rate in shopping centers in Olsztyn (northeastern Poland) increased to 2.9 percent at the end of 2016, up from 1.5 percent in December 2015.  Rents are under slight downward pressure, due to the increasing competition in the market and the prevalence of “tenant market,” a recent ...

576,000 sqm of shopping center space in the pipeline – PRRF

As of the end of H2 2016, there was approximately 576,000 sqm of modern shopping center space under construction, around 68 percent of which is scheduled to be delivered by year-end 2017. The eight largest agglomerations accounted for the largest share in the development pipeline (77 percent), accor...

Atut shopping center in Kraków under construction

Investor KG Group has launched the construction work on its Atut convenience shopping center project in Kraków. The two-floor scheme, which will be located on ul. Grażyny in the Prądnik Biały district, will offer 3,500 sqm of leasable space and is scheduled for completion in the third quarter of nex...