Poland’s high street rents fall everywhere except Warsaw

High street rents in Poland saw an increase over the past year only in Warsaw, by between 1.4 and 3.8 percent, while in the other Polish major cities they fell or remained unchanged, according to a recent Cushman & Wakefield report. Ul. Nowy Świat remains the most expensive high street, with rents at €120 per sqm per month, 2.4 percent more than a year earlier. Pl. Trzech Krzyży saw the biggest increase in rents, of 3.8 percent to a level of €55 per sqm per month. The strongest drop was recorded in Gdynia, where rents on ul. Świętojańska declined by as much as 6.5 percent year-on-year to a level of €29 per sqm per month. The monthly rents on ul. 3 Maja in Katowice saw a decrease, of 5.4 percent to €53 per sqm, followed by ul. Floriańska in Kraków of 3.8 percent to €75 per sqm. Wrocław’s top high street, ul. Świdnicka also saw a drop in rents of 2.4 percent to €40 per sqm per month. The main high streets in Poznań, Szczecin and Łódź saw no change in rents. Ul. Półwiejska in Poznań has monthly rents at €55 per sqm, al. Niepodległości in Szczecin – €33 per sqm, and on ul. Piotrkowska – €26 per sqm.