Poland Polish retail market performs well
Retail & leisureschedule 21 November 2024
Experts‘ predictions of an imminent end to shopping malls in Poland have not come true - points out Fabrice Paumelle, BNP Paribas Real Estate Poland
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According to BNP Paribas Real Estate Poland latest report “At a Glance: Modern Retail Market in Poland, Q3 2024”, predictions of the imminent decline of shopping centres in Poland have proven premature. In Q3 2024, the Polish retail market expanded by another 116,000 sqm.
The Polish retail market experienced strong activity in the July-September period, with 116,000 sqm of new retail space delivered across seven new retail parks, three retail park extensions and the redevelopment of a former Tesco store. The three months to September marked the first quarter in the history of the Polish market in which a single retail format accounted for the entire new supply. Previously, completions were dominated by projects of around 10,000 sqm, but the Q3 2024 witnessed the
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