Warsaw, 9 May 2012 – Colliers International, the leading advisor in commercial real estate market publishes its newest market report presenting retail activity in the I quarter of 2012 and the prognosis for the next months.
The report summarizes the situation in the retail market in terms of supply and demand, vacant space and rental rates. The analysis includes Warsaw and other regional cities.
I quarter of 2012 in a nutshell as per Colliers’ report:
- The retail market in Poland in the first quarter of 2012 was characterized by high tenants’ interest and moderate increase in retail supply.
- In the first quarter of the year, more than 90,000 m² of modern retail space was delivered to the market in several smaller retail schemes and in extensions to the existing shopping centres.
- New brands, which entered the Polish market in the previous year, have announced planned expansion and thus further openings in new locations may be observed from the beginning of the year.
Colliers report discusses the following aspects, presented also in the form of charts:
Evolution of retail space in Poland
- Main retail schemes opened in the first quarter of 2012
- Selected lease transactions/ openings in q1 2012
- Vacancy levels in major Polish agglomerations