Poland s retail market attempts to catch its breath
According to JLL, between January and March 2021, nearly 93,000 sqm of retail stock was delivered, a result comparable to the same period last year. The structure of new supply included only two large-scale formats: stand-alone retail warehouses (55% of new space) and retail parks (31%). Convenience centres claimed the remaining 14%. The largest scheme delivered was an Agata Meble store (11,000 sqm) in Jelenia Góra. .
Developer activity - the end of the dominance of large assets?
Nearly 490,000 sqm of retail space remains under construction across all formats. The projected mix of new supply in 2021 reflects the trend for convenience and local shopping that became more marked during the pandemic.