Retail's reality check (264) November 2021


Rebirth in a new body

No one needs to be reminded that the retail sector has been through an extremely tough time of late.

Magdalena Rachwald

103,000 sqm gla in six months

Although the Polish retail market is still trying to shake off the effects of the Covid-19 pandemic, the forecasts for the sector are more optimistic than for the rest of Europe. According to Oxford Economics, retail sales in Poland are expected to grow by 4.9 pct per annum until 2023, which would put Poland in a leading position in Europe. This year is expected to see app. 209,000 sqm gla solely in retail parks come onto the market, making 2021 a record-breaking year for retail parks in terms of space delivered to the market.

Retail & leisure

New and renewed projects by Mayland

The Fort Wola shopping centre in Warsaw is set to re-open in 2022. The opening of the mall after a five-year break will not only reveal its new form, but also a significant change in its quality. In response to demand from the market, Mayland Real Estate is now planning investments in other cities.


Acteeum and Equilis – the joint retail happy story continues!

The cooperation between Acteeum and Equilis started in 2018 and soon resulted in their tremendously successful first joint project – Galeria Chełm, opened in March 2020. Now the opening is approaching for their second project – Galeria Andrychów.


Architects of a real estate revolution

The traditional picture we have of architects is of someone leaning over their desk, patiently improving their designs. Today, the scope of their work is much more wide-ranging and spans the entire investment process. We spoke to Ewa Kawulok-Matkowska, the managing director of Polish studio Ozone Architekci, about the changing role and responsibilities of her profession.