Over 688,000 sqm of retail space in Tri-City in Q2 - Colliers

According to the "Shopping centers in agglomerations Q2 2016 - TriCity" report by Colliers International, 24 shopping centers in the Tri-City offer a retail area of 688,000 sqm GLA, which means there is 664 sqm of retail space per 1,000 inhabitants. In Q2 2016, only one shopping center was completed (The Morena centre with 6,000 sqm GLA), but other centers were modernized and extended, the report found. "On average there are 41,670 inhabitants for each shopping center with purchasing power equal to PLN 46,752 annually per one square meter of retail space. The average vacancy rate at the end of June 2016 was 2.7 percent. The highest rental rates were at a level of €43-45 per sqm per month for a 100-150 sqm fashion unit in the most popular shopping centers.