One third of retail space delivered in Q3 were expansions - report
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A recent report by consulting company Colliers International showed that, the expansion of buildings accounted for 33 percent of retail space that has been delivered in the third quarter of the year.
The total space of GLA delivered in Q3 amounted to some 103,300 sqm, Colliers reported. Thus, the increase of the total supply of modern retail space increased to 10.6 million sqm.
In the period, expansions of such schemes as CH Wola Park, Factory Ursus and Galeria Pomorska in Bydgoszcz were carried out. In total, expansions accounted for one third of the new supply.