There was 50 retail parks in 2015
16:11
Polish retail market is becoming more and more saturated, in 2015 Poland had 50 retail parks totalling 950,000 sqm, according to Cushman & Wakefield, a company press release read.
Furthermore, around 560,000 sqm of modern retail space came onto the market. Nearly 40 percent of that was delivered in key agglomerations where there are already many shopping centres, but smaller locations became more popular due to high competition in the bigger ones.
"In recent years developers looking for a niche on the shopping centre market have focused on cities with a population of less than 50,000, delivering shopping centres or smaller schemes such as retail parks or convenience centres," said Tomasz Lipiński, Retail Department at Cushman & Wakefield.