Poland Shopping centre or retail park?

Retail & leisure
Cushman & Wakefield has conducted a survey, the findings of which are presented in the report From Shopping to Experiences: A Customer’s View on Shopping Centres and Retail Parks. Cushman & Wakefield notes that despite evolving shopping trends, both retail formats continue to hold strong appeal.
You are reading this content because it is covered by the free limit. Buy full access!

Traditional shopping centres and retail parks continue to attract visitors and remain popular destinations for shopping, socialising and entertainment. They are valued for their modern facilities, strong offerings and appealing promotions. But do customers prefer retail parks for grocery shopping? Where do they tend to purchase clothing or cosmetics? What is the demographic profile of shoppers?

Mature shopping centres vs. young retail parks and their frequency of visits

Shopping centres, which began to be developed in Poland in the late 1990s, have already reached market saturation. By contrast, although retail parks have led the way for new supply in recent years, their total stock remains three and a half times smaller than that of shopping centres. There are currently 256 parks on the market, more than half of which were built in the last five years. In contrast, of the 456 shopping centers, only about 7 pct of the stock is five years old or less.

Shopping centres and retail parks differ in layout, offerings and transport accessibility. The former typically feature a more diverse tenant mix and a stronger entertainment component, while the latter prioritise shopping convenience and ease of access to stores. Retail parks are seen as more practical, providing a less sensory-stimulating experience. The boundaries between the two retail formats are sometimes blurred, with retail parks offering an increasingly varied tenant mix. Brands once associated primarily with shopping centres are now expanding into retail parks. While shopping centres and retail parks may seem to compete with each other, they often operate in synergy, attracting customers to entire retail complexes and enhancing the prestige of the surrounding urban area or district.
Ewa Derlatka-Chilewicz, head of Research, Cushman & Wakefield

A Cushman & Wakefield survey conducted on a sample of 1,610 respondents has found that 42 pct of city inhabitants visit shopping centres once a week or more often, while 84 pct visit them at least once a month. Retail parks typically report slightly lower footfall than shopping centres. However, given their smaller floorspace, they still enjoy a stable market position and attract considerable customer interest. According to the survey, 33 pct of respondents visit retail parks at least once a week, while 73 pct visit them at least once a month.

A comparison of the latest survey findings and those from 2023 reveals that shopping centres experienced an improvement in frequency of visits, with an 11 pp decrease in respondents visiting them less often than once a month and an 8 pp increase in weekly visits. Retail parks also saw positive, though more moderate, changes in frequency of visits – weekly visits increased by 3 pp, while the share of respondents who never visit them declined by 3 pp.
Ewelina Staruch, senior analyst, Cushman & Wakefield

The younger the customer, the more popular the shopping centre

Consumer preferences for shopping centres or retail parks strongly correlate with the demographic profiles of customers, including their place of residence. Cushman & Wakefield’s report looks at these correlations in Warsaw, other large cities with over 200,000 inhabitants and smaller cities.

Retail parks are significantly less popular in Warsaw – only 24 pct of respondents visit them once a week or more often, compared to 36 pct in smaller towns. In terms of demographics, shopping centres are most frequently visited by the youngest group – those aged 18-29 – who view them as convenient places for not only shopping but also leisure and entertainment. By contrast, older consumers, those in the 50-65 age group, tend to prefer standalone food stores, public markets and bazaars.
Ewa Derlatka-Chilewicz

Additionally, shopping centres are more frequently visited by consumers from four-person or larger households with children. 51 pct of these consumers visit them at least once a week.
Car ownership is a significantly more important factor in visits to retail parks than financial situation and household size, as retail parks are typically located outside city centres and offer ample parking spaces. Furthermore, as many as 56 pct of respondents sometimes choose a shopping centre over a retail park due to weather conditions.
In Cushman & Wakefield’s survey, shopping centres and retail parks were also rated on three criteria: “Price attractiveness and promotions”, “Assortment range” and “Customer service and shop assistant experience”. They were rated on a 1 to 5 scale. The consistently high scores, averaging around four out of five, indicate that survey respondents value these retail formats and appreciate their many advantages.

The tenant mix vs. top shopping destinations

Analysis of data on the tenant mix of shopping centres in Poland’s largest agglomerations has revealed that fashion retailers make up the largest share of stores, accounting for 27 pct of all. This confirms that clothing, footwear and accessories have long been primary drivers of foot traffic in shopping centres. Services came second with a 16 pct share, reflecting a steady increase in spending over the years, driven by the rising affluence of Polish society.

The rising proportion of gastronomy, now standing at 11 pct, reflects the global trend of shopping centres evolving into meeting and leisure destinations, as well as the increasing popularity of eating out. Entertainment accounts for 2 pct of all units, but its share of total area is significantly larger, as cinemas, bowling alleys, playrooms and gyms occupy large spaces. Although entertainment operators do not make up the majority of the tenant mix, they play a key role in driving footfall and encouraging customers to extend their visits beyond shopping.
Ewelina Staruch

The tenant mix in retail parks differs significantly from that in shopping centres due to their different functions and visitor preferences.
Retail parks are dominated by “Homeware and DIY”, accounting for 19 pct of all stores, compared to just 3 pct in shopping centres. This confirms that retail parks cater more to homeware shoppers who prefer them for purchasing large practical items that can be more easily transported by car. Value retailers such as Pepco, Dealz, TEDi, Action, KiK, and Woolworth also play a significant role in retail parks, accounting for 12 pct of all stores, compared to just 2 pct in shopping centres.

Cushman & Wakefield’s survey has found that shopping centres are the preferred destination for clothing purchases and services, while retail parks are the top choice for large grocery and pharmaceutical purchases. These differences stem from the varying availability and range of offerings in these retail formats. Therefore, it is crucial for retail landlords and other market players to continuously monitor consumer trends and adapt to evolving consumer behaviours and preferences. It is also worth considering individual analysis and the fact that some retail parks share characteristics similar to shopping centres.
Katarzyna Szymańska, shopping centre director, Matarnia Retail Park

Supplementary functions of shopping centres and retail parks

Shopping centres and retail parks have long since become not just places for shopping, but also venues where non-retail needs can be met. Large shopping centres are the undisputed leader in meeting entertainment needs, chosen by 50 pct of respondents for this purpose. Although retail parks are not as strongly associated with entertainment as shopping centres, they still attract over 15 pct of respondents with their entertainment offerings.

Shopping centres play an important role in meeting gastronomic needs of Polish consumers. While restaurants and gastronomy points outside modern retail facilities remain the most popular choices, the F&B offerings of shopping centres are attracting growing interest. The C&W survey of 1,610 consumers has found that large and small shopping centres experienced year-on-year increases in popularity of 5 pp and 9 pp respectively. Analysis of trends by age group reveals that individuals aged 18-29 have a strong preference for large shopping centres (45 pct). This is the only customer group for whom large shopping centres are the preferred choice for eating out with family and friends. Attentive observers of F&B trends are already responding to customer demands by expanding and enhancing F&B offerings, thereby strengthening their presence in local markets.
Michał Masztakowski, head of Retail Agency Poland, Cushman & Wakefield

As the retail park sector continues to grow, this format is expected to keep evolving, adapting to new trends and needs, while attracting investors who recognise their potential as dynamic and sustainable retail spaces of the future.

Latest news

Eurobuild CEE

Poland Time to read Eurobuild's spring issue!

schedule 11 April 2025

'Eurobuild CEE' announces its spring awakening. In the latest issue of our magazine, you will find, lots of optimism, all the latest real estate news, analyses, and interviews.

Retail & leisure

Slovakia Slate sells three OBI stores

schedule 11 April 2025
Opr./edited by AH

Slate Asset Management has sold three OBI retail stores to the Lindner Group from Germany. The price has not been disclosed.

Office & mixed-use development

Czech Republic Fio Investment Company buys Stará Celnice

schedule 11 April 2025
Opr./edited by AH

Fio Investment Company has purchased the Stará Celnice office and retail building in the centre of Prague for its real estate fund from German pension fund BVK Europa-Immobilien-Spezialfonds, with Invesco Real Estate representing the seller.

Office & mixed-use development

Poland Okam sells Bohema to AFI

schedule 11 April 2025
Opr./edited by AH

OKAM Capital has finalised the sale of the D, E and F stages of its Bohema project in Warsaw’s Praga-Północ district to AFI Poland. The transaction began with the signing of a contract in October 2021 but the sale was officially closed in March 2025.

Retail & leisure

Poland Shopping centre or retail park?

schedule 10 April 2025
Opr./edited by ANZ

Cushman & Wakefield has conducted a survey, the findings of which are presented in the report From Shopping to Experiences: A Customer’s View on Shopping Centres and Retail Parks. Cushman & Wakefield notes that despite evolving shopping trends, both retail formats continue to hold strong appeal.

Investment & finance

Poland Panattoni secures financing for investment in Kraków

schedule 10 April 2025
Opr./edited by ANZ

Panattoni has secured financing from mBank for its latest project in the Małopolska region. The €26 mln funding will be used to develop the modern logistics complex, Panattoni Park Kraków East V.

Investment & finance

Germany Garbe buys land in Bavaria

schedule 10 April 2025
Opr./edited by ANZ

Garbe Industrial Real Estate has acquired a 27,500 sqm development site in Bavaria. The purchase is a joint venture with a fund managed by BlackRock.

Warehouse & industrial

Germany Panattoni fully let in Berlin

schedule 10 April 2025
Opr./edited by ANZ

The Panattoni Campus Berlin Centre is now fully let. A total of ten tenants from the trade, creative industry, mechanical engineering, foodstuffs, pharmacy, logistics and eCommerce sectors are active on the almost 57,000 sqm site in the Berlin district Lichtenberg.

Warehouse & industrial

Poland A period of stabilisation in the Łódź region 

schedule 10 April 2025
Opr./edited by ANZ

Axi Immo has presented its latest market analysis in the special publication "Central Poland Industrial Snapshot". According to the experts, the region recorded a historic high in industrial and logistics leasing activity, reaching 1 mln sqm, marking a 61 pct year-on-year increase.

Office & mixed-use development

Poland Eracent stays in Business Garden

schedule 09 April 2025
Opr./edited by ANZ

Eracent, a provider of IT resource and cost management solutions, has extended its lease agreement in the Business Garden complex in Warsaw.

Office & mixed-use development

Poland Knight Frank moves to Vibe

schedule 09 April 2025
Opr./edited by AH

International real estate advisory Knight Frank has relocated its Polish headquarters to the Vibe office building next to Rondo Daszyńskiego in Warsaw.

Warehouse & industrial

Hungary Panattoni completes BTS automotive factory

schedule 09 April 2025
Opr./edited by AH

A 15,300 sqm hi-tech production hall has opened in Debrecen developed by Panattoni Hungary and the OTP Real Estate Investment Fund. 

Office & mixed-use development

Germany Building permit for Nau!

schedule 09 April 2025
Opr./edited by AH

Paref has received a building permit for the Nau! building in Frankfurt. The work on the 34,800 sqm development on Theodor-Heuss-Allee is scheduled for completion in 2028.

Warehouse & industrial

Czech Republic First tenants for CTPark Plzeň Kasárny

schedule 09 April 2025
Opr./edited by AH

Mito Light, a company that specialises in LED light therapy and pharmaceuticals distributor Avenier have both signed leases for space in CTPark Plzeň Kasárny. Mito Light is to take up 556 sqm while Avenier has leased 588 sqm with the handover planned for the autumn of 2025.

Office & mixed-use development

Poland Green Caffè Nero to enter Soho

schedule 08 April 2025
Opr./edited by AH

Green Caffè Nero is to open a 190 sqm café on the first floor of the Nefryt residential building under construction in the Soho complex under development by Yareal in Warsaw’s Praga-Południe district. The café is scheduled to open in May 2026.

Warehouse & industrial

Poland Warehouse market remains healthy

schedule 08 April 2025

With warehouse and industrial stock of nearly 35 mln sqm, Poland’s market has stabilised at a healthy level, claims Newmark Polska.

Office & mixed-use development

Poland Crowe signs up for Office House

schedule 08 April 2025
Opr./edited by AH

In May, B2B professional services supplier Crowe is to move into the Office House building in the Towarowa 22 mixed-use project in Warsaw, which is being developed by AFI, Echo Investment, and Archicom.

Warehouse & industrial

Poland DB Schenker expands in Hillwood Rawicz

schedule 08 April 2025
Opr./edited by AH

Logistics operator DB Schenker has leased an additional 9,800 sqm in the Hillwood Rawicz logistics centre. The tenant has been operating from the centre since the autumn of last year when it opened a service centre with an area of over 17,000 sqm for a manufacturer of optical products.

Warehouse & industrial

Poland Building permit for LCube Wrocław East II

schedule 07 April 2025
Opr./edited by AH

LCube has received a building permit for the LCube Wrocław East II logistics park in Dobrzykowice near Wrocław. The 62,000 sqm park is to be built on a 13 ha site.

Investment & finance

Slovenia Generali sells twice

schedule 07 April 2025
Opr./edited by JC

Generali Adriatic Value Fund has concluded the sale of two properties in Ljubljana: Stekleni Dvor and Tivoli Center. The buyer of both properties is Agromarket Logistic, a Serbia-based company.

Latest in Retail & leisure

schedule 11 April 2025

Slate sells three OBI stores

Slate Asset Management has sold three OBI retail stores to the Lindner Group from Germany. The price has not been disclosed.

schedule 10 April 2025

Shopping centre or retail park?

Cushman & Wakefield has conducted a survey, the findings of which are presented in the report From Shopping to Experiences: A Customer’s View on Shopping Centres and Retail Parks. Cushman & Wakefield notes that despite evolving shopping trends, both retail formats continue to hold strong appeal.

schedule 04 April 2025

Multi takes on Galeria Przymorze

Multi Poland has taken on the management of the Galeria Przymorze shopping centre in Gdańsk.

schedule 04 April 2025

JD Sports enters Tarnów

JD Sports is entering Gemini Park Tarnów. The store offers lifestyle and sporting clothing and is to open this spring.

schedule 03 April 2025

E-commerce as a major driver

According to the "Quo Vadis E-commerce" report released by Cushman & Wakefield, the online commerce continues to be a growth driver for the industrial & logistics real estate sector, generating significant opportunities for developers and investors.

schedule 11 March 2025

Luxury goods retailers remain active

In 2024, a total of 83 new luxury stores were opened on 20 key premium streets in Europe in 16 cities and 12 countries, according to European Luxury Retail 2025, a study by Cushman & Wakefield. Prague and its Pařížská Street welcomed five new luxury stores, and 2025 is expected to be a record year in this regard.

schedule 05 March 2025

Green light for Projekt Góraszka

Ceetrus, the investor behind the Projekt Góraszka shopping and entertainment complex in Wiązowna on Warsaw’s eastern outskirts, has obtained a building permit for a mixed-use development.

schedule 24 February 2025

Scallier has plans for Romania

Poznan-based company Scallier is opening another facility under the Funshop Park brand in Romania. The retail park of approx. 10,000 sqm, located in the Arad district, is nearing completion.

schedule 13 February 2025

At the height of luxury

According to the latest report “At a Glance: Modern Retail Market in Poland, Q4 2024” from BNP Paribas Real Estate Poland, Poland’s retail market experienced record growth in 2024, expanding at its fastest pace since 2015.

schedule 12 February 2025

Largest growth in the last 15 years 

In 2024, nearly 80,000 sqm of new, modernized, or expanded retail parks were completed in the Czech Republic, now totaling 1.3 mln sqm of retail space – almost a third of the total retail space capacity on the market. 

schedule 24 January 2025

New retail supply hits its highest in almost a decade

Cushman &Wakefield has summarised the situation on the Polish retail market. Over half a mln sqm of new retail space came on stream last year, marking the highest new supply level in Poland since 2015. This robust development activity occurred amid rising demand from new retailers and improving consumer sentiment which boosted retail sales.

schedule 07 January 2025

Record-breaking year for the Czech market

According to a survey by Cushman & Wakefield, which has been tracking new entries for 11 years, 47 brands entered the Czech market in 2024. This is the highest number of brands to enter the Czech market, compared to 40 brands in 2023. 

schedule 16 December 2024

Redkom plans Świderek in Otwock

A new retail park with a total area of 24,000 sqm is set to be developed in Otwock under the name Świderek. The investment will be led by Redkom Development.

schedule 13 December 2024

Empik revives the former Cepelia pavilion

Empik has opened a flagship store in the revitalised former Cepelia pavilion in the centre of Warsaw. Neglected for years, the modernist building has regained its former glory and once again impresses with its original appearance and modern interior.

schedule 12 December 2024

Trei opens its 40th retail park

Trei Real Estate Poland has opened its 40th Vendo Park. The investment was created in Wrocław and has 5,000 sqm. Vendo Park Wrocław is the first facility under this banner in the capital of Lower Silesia. The retail park was built on a plot of approx. 15,000 sqm.

schedule 02 December 2024

Biedronka comes to Moje Bielany

An 800 sqm Biedronka grocery store is to open on the ground floor of the Moje Bielany residential complex, which is being developed by CeMat A/S at ul. Wólczyńska 121 in Warsaw’s Bielany district.

schedule 29 November 2024

Jubilee M Park opens in Pionki

LCP Properties, part of the international M Core group, has officially opened M Park Pionki, the 50th retail park under the M Park brand in Poland. It is also the thirteenth M Park in the Mazovia region. 

schedule 29 November 2024

Antczak Group to build retail and service complex

A service and retail complex Panorama Park II is being built in Kościelna Wieś. At the end of November, the foundation stone ceremony for the building took place.

schedule 21 November 2024

One in seven square metres of retail space to be built in Poland

According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Europe in terms of new retail supply, surpassed only by France. 

schedule 21 November 2024

Polish retail market performs well

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. 

Read flipbook version

Edition 4 (297) April 2025

Latest comments

Categories

Your order
Your data
Number of access accounts
Each account provides independent access on one device. You will be able to create additional access accounts in the account settings.
Invoicing data
Order summary
Net price
Access accounts #
Net order
VAT (%)
Gross order
Payment security is ensured

Don`t miss out the current edition