Colliers summarizes retail market in Łódź
11:08
The inhabitants of the Łódz Agglomeration have 555,000 sqm GLA of modern shopping area spread in 16 retail schemes at their disposal. The density ratio is 568 sqm per 1,000 inhabitants. This means that one shopping center serves on average 61,250 clients. The purchasing power per one sqm of shopping center sums up to approximately PLN 52,740 annualy, according to Colliers International publication ”Shopping centres in agglomerations Q2 2016 | Łódź."
The largest retail scheme in the region is still Manufaktura with 110,000 sqm of GLA and over 300 units. The second shopping center in terms of size is Port Łódz, which offers 200 units over anarea of 103,000 sqm GLA. During last year, one new shopping center was completed – Sukcesja - totalling over 46,000 sqm GLA.
In shopping centers in Łódz there are about 1,197 units, which means that one shop/service or food point serves on average 819 inhabitants.
The average vacancy rate at the end of June 2016 reached 4 percent (3.8 percent in December 2015). The highest rental rates for a 100-150 sqm fashion unit in downtown units are at the level of EUR 37-39 sqm/month.
