JLL and Trei Real Estate Poland, the authors of the latest market analysis, "Retail parks and convenience centers in Poland", summarize the situation regarding these projects at the end of H1 2020, and outline the development prospects for this commercial real estate sector in Poland.
Their number has doubled and increased their share in total retail stock by 4 p.p. In H1 2020, developers completed nearly 148,000 sqm of modern retail space in large scale projects (GLA>5,000 sqm). Of this new supply, 67% was delivered in the shape of eight new retail parks and three extensions of existing schemes.
Almost 450,000 sqm of GLA is still under construction with initial completion dates set for 2020 and 2021. Retail parks account for nearly 26% of this volume.
More information, a press release and a link to download the report are available at the bottom of the page: Retail parks and convenience centers in Poland - report