PRCH: 481 shopping centers in total of 11 mln sqm

Polish Council of Shopping Centers (PRCH) reports there are 481 shopping malls in Poland, featuring in total more than 11 million sqm. In 2015, 27 new shopping centers were established (443,340 sqm) and 18 more have been expanded (161,900 sqm). "The development of shopping centers in Poland is constantly progressing. The centers are becoming more open to the urban fabric and increasingly involved in the development of local communities. Developers assume that more than half objects that are currently in the construction phase will hit the market in 2016, " said PRCH's General Director Radosław Knap.