2015 sees record deliveries in Polish retail market - JLL

As many as 502,000 sqm of shopping centre space was delivered last year, marking 2015 as the most active since 2009, JLL reported. "It is a considerable increase on 2014, when 332,000 sqm entered the market, and the most active year since 2009. 2016 will be calmer in terms of new deliveries – if everything goes according to schedule, shopping center stock will grow by 358,000 sqm," Anna Bartoszewicz-Wnuk, Head of Research and Consulting at JLL said. Additionally, a further 566,000 sqm are currently under construction throughout the country, which is 20 percent lower than in a corresponding period last year, JLL also informed. What is more, 18 new international brands made a market entry to Poland last year. The value of acquisition tranasactions exceeded €2.26 billion, JLL reported.