Polish malls in good shape

It also examined the almost 7,000 lease contracts for space in the malls. According to the ‘Shopping Centre Index Poland 2015’ report, average-sized retail properties of 20,000 to 40,000 sqm (43 pct) dominate the Polish shopping centre landscape. Large centres make up 32 pct of the facilities examined and small properties account for 25 pct of the total. A fashion mecca The malls’ key tenants are fashion retailers (32 pct), which usually occupy the largest units. As CBRE also points out, shopping centre rent levels vary not just according to the size of the units but also the size of the cities and towns they are located in. For example, the average rent for tenants leasing the smallest units of less than 100 sqm in towns with no more than 50,000 residents ranges from EUR 18 to 25 per sqm per month. In towns of 50,000–100,000 residents the average rent rate ranges from EUR 21–34 per sqm per month. In cities where the number of residents ranges between 1