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In an ever more complex market

Retail & leisure
A glance at the data for 2017 shows that in terms of space the Polish retail market has been developing more slowly than in previous years. But owners and tenants have significantly increased their activities to improve the quality of their operations for both centres and stores, adapting them to meet the customers’ current requirements
The opening of the first large shopping centre in Warsaw in ten years, the debut of modern concepts by retail chains and the increasingly visible trend of omnichannel sales: these were the events that dominated the Polish retail market in 2017 – and more challenges lie ahead. In 2018 we will see how shopping centres and their tenants adapt to the restrictions imposed on Sunday trading. Slow and steady Last year, the supply of retail space came to 380,000 sqm, according to figures from Knight Frank. The opening of Galeria Północna in Warsaw, developed by GTC, certainly was a significant event on the Polish shopping centre market in 2017. This is the first large building (64,000 sqm) to be put into operation in the capital in the last ten years. Another debut was the launch of the Wroclavia mall bringing with it the entry of its investor – Unibail-Rodamco – onto the Wrocław market. Another large facility that began operations in the past year was the Serenda shoppi
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