Warsaw, March 18, 2016 – There are 9 shopping centres in Białystok with a total leasable area of about 216,000 sqm. For each shopping centre in the city there are an average of 32,830 people and the purchasing power of inhabitants per 1 sqm of shopping centre space is 37,380 PLN per year. The vacancy rate decreased by 0.2 percentage points and at the end of 2015 stood at 3.4%. The monthly highest rents for a unit of 100-150 sqm in the fashion sector are in the range EUR 27-29 per sqm – informs Colliers International in its publication “Shopping centres in regional cities | Białystok”.
Retail market in Białystok has a variety of existing retail schemes, which includes suburban hypermarkets, large stand-alone speciality stores, city centre schemes and outlet centres.
Shopping centres in the city are no larger than 40,000 sqm. Currently, the largest retail project is Alfa Centrum with a total leaseable area of 37,500 sqm.
„Developers were very active in Białystok in 2015. A new shopping centre – Galeria Jurowiecka – and Outlet Centre Białystok were delivered to the market. Home equipment store Agata opened as well as a few stand-alone supermarkets and food discounts. Outlet Białystok was modernised and extended,“ said Katarzyna Michnikowska
, Senior Analyst from the Research and Consultancy Services at Colliers International.
There are 700 units in shopping centres in Białystok. Chains from the fashion sector (36%), shoes & leather accessories (11%) and services (10%) are the largest groups of tenants.
Lease transactions announced in 2015 include: Calypso fitness (1,300 sqm), Media Expert (1,000 sqm), Szachownica (520 sqm), Altero (500 sqm) in Galeria Jurowiecka, Media Expert (800 sqm), Tom Tailor (250 sqm), Monnari (250 sqm) and Jysk (the store was extended to 1,200 sqm) in Outlet Białystok.
Currently, there are no new shopping centres under construction and only a smaller retail scheme will be delivered to the market in 2017 as part of the planned new bus station.