15% of retailer revenue comes from e-commerce - CBRE

The average annual revenue of a retailer in a shopping center exceeds €2,010 per sqm, with some 15 percent coming from e-commerce, according to Shopping Centre Index Poland 2015 report published by CBRE. The average shopping center in Poland has 28,000 sqm GLA, with average rents at €17.5 sqm/month. The majority of units are between 50 sqm and 100 sqm and most of the tenants sell apparel and food products. "Rents depend on the industry in which tenant operates, but are also linked to the size of the city, where the shopping center is located. Despite the differences in the type of retail space and rents, tenants from the fashion sector dominate the tenants' structure-representing close to 32 percent of the area of all tenants," Agata Czarnecka from research and consultancy department at CBRE said. In line with the report, rent rates plus service charges are on average equivalent to 16 percent of a tenant's turnover. Jewelry retailers pay as much as 22 percent of their turnover in rent and service charges. What is more, in comparison with the Czech republic, Slovakia and Romania, Polish tenants record the highest annual turnover.