21:18 5 January 2026
Developers building mixed-use complexes as demographics loom over shopping malls
Poland’s retail real estate market is largely saturated, with traditional shopping malls seeing little new development, while retail parks continue to expand rapidly, according to Cushman & Wakefield and JLL. In 2025, retail park supply exceeded expectations, and another large wave is planned for 2026, although growing competition is likely to cap rent increases at 5–10%. Developers are increasingly shifting toward mixed-use projects and neighborhood retail clusters rather than classic galleries.
Experts warn, however, that adverse demographic trends will increasingly pressure retail assets, particularly in smaller cities. Over the longer term, success will depend on adapting formats and tenant mixes to an ageing consumer base and changing shopping habits focused on convenience and proximity.
(pb.pl)
