This will be a very specific year for the retail market in Poland – not only for the owners of retail properties, but also for their tenants and the companies that provide services for shopping centres. Everyone knows that they will have to make changes in response to the new trading law, so they have all been working on their strategic action plans. At Blue City we have also come up with an approach for functioning in this new environment. I believe that large shopping centres situated close to city centres, which have a wide entertainment and food & drink offer, will stay open on Sundays because of their unique character. At Blue City there is a great deal apart from retail to draw in customers. However, despite this we are also thinking of organising additional cultural or entertainment based events, or fairs, on Sundays. This is in fact already a central part of our strategy, to provide an experience for customers who are looking for more than just shopping. Certainly in
Flex market picks up momentum
Flex market picks up momentum
The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...
Walter Herz
Optimism returns
Optimism returns
Lower interest rates in the eurozone and the easing of monetary policy in Poland are expected to revive investment in the real estate market. A noticeable increase in the value of ...
Walter Herz
Warehouse developers now more cautious
Warehouse developers now more cautious
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...
Avison Young