16:57 12 May 2025
Retail market in Poland expanded by 67,300 m2 GLA in Q1 ‘25
In Q1 2025, Poland’s retail market grew by 67,300 m² of GLA, 99% of which came from retail parks, according to CBRE. Total retail space in the country reached 15.04 million m². Despite macroeconomic uncertainty and high interest rates, the market remains resilient. Developers focus on smaller cities, responding to local demand.
ESG requirements are driving modernization and decarbonization of older properties, with EU taxonomy influencing financing. Omnichannel strategies and renewed interest in high streets are shaping tenant behavior. Prime rents in Warsaw are €100–130/m², and €9–12/m² in retail parks. New international brands like Armagan Toys, Guess Jeans, and Join UP! entered the Polish market, highlighting its continued appeal to global retailers.
