AMERICAN CHAMBER OF COMMERCE IN POLAND: The highest supply in three years and 40% of this year’s new openings in cities below 100,000 inhabitants
American Chamber of Commerce In Poland issued the following announcement on Aug. 23.
Global real estate services firm Cushman & Wakefield has published another edition of its MarketBeat report on the Polish retail market. More than 180,000 sq m of retail space was added to the market in H1 2018 and another 330,000 sq m is expected to be completed by year-end 2018. This will represent an increase of over 25% year-on-year (yoy), bringing Poland’s total retail stock to more than 14,800,000 sq m. The new supply will be concentrated in cities with fewer than 100,000 inhabitants, accounting for 40% of this year’s openings.