18:31 1 April 2026
Shopping malls are flooding Poland's real estate market
Retail parks in Poland have evolved from a niche format into the fastest-growing segment of the retail market, with strong expansion into smaller towns where supply is still limited. Scallier highlights a growing “race” for county-level and municipal locations.
Growth is driven mainly by wealthy private investors attracted by predictable returns of 7–8% annually and relatively low entry thresholds. Scallier is currently developing multiple projects across Poland.
However, the market is approaching saturation, with potential slowdown in demand in the coming years. This will shift focus from rapid expansion to effective property management and tenant cooperation. Rising construction costs and lengthy administrative processes are already posing challenges for developers.
