Small schemes account for 70% of new retail stock delivered in 2014 - CBRE

As much as 70 percent of all retail schemes delivered in 2014 were small schemes (convenience centers and retail parks). Similarly, nearly 70 percent of new investments were delivered in small cities, according to a report by advisory CBRE. The trend is expected to reverse in 2015, with the majority of new investments being large and medium-sized schemes. In total, 770,000 sqm of new retail space remains under construction within 41 schemes and eight extensions. The most prominent completions of the past year include Atrium Felicity in Lublin (73,000 sqm), Galeria Warmińska in Olsztyn ( 41,000 sqm), Galeria Amber in Kalisz (33,500 sqm), Galeria Siedlce (34,000 sqm) and Galeria Bursztynowa (27,000 sqm).