The best days are in front of us

no signs of shortening. It disappoints because many projects are due to be finished The estate agents we talked to about the shopping space market in the first half of the year are complaining loudly that they have lots of work to do even during the holidays. Admittedly, less new space was commissioned in the first six months than in the same period in 2005, but many projects are in various stages of implementation. According to agents DTZ, 180,700 sqm of retail space was delivered in the first half year, 64,500 sqm less than in 2005. According to Ewa Derlatka, one of DTZ’s market analysts: “Developers have started investing in smaller cities, where both the local authorities and business lobbies are more active and determined to defend their interests. Apart from that, to purchase a plot figuring in a local development plan allowing shopping centres greater than 2,000 sqm is getting more difficult, as is waiting for an appropriate plan to be approved.”Making a hitSev