Modern retail stock in Poland totalled 13.07 mln end-H1
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By the end of H1 2016 modern retail stock in Poland totaled 13.07 million sqm across the following formats: 9.3 million sqm (71 percent) in shopping centers, 3.57 million sqm (27 percent) in retail parks and warehouses; and 0.21 million sqm (2 percent) in outlet centers, according to a report by consultancy JLL
“In total, the Polish retail market gained 115,800 sqm of new space in H1 2016. The biggest shopping centers delivered to market since the beginning of the year include Galeria Glogovia in Głogów and Galeria Karuzela in Września,” said Anna Bartoszewicz-Wnuk, Head of Research and Consulting at JLL.
More than 610,000 sq m of retail space is currently at the development stage, half of which is expected to enter the market in the remaining part of this year. Shopping centers account for the majority of retail space under construction.
