Polish retail parks and convenience centers emerge as most resilient retail sector during pandemic

Retail parks and convenience centers emerged as the most resilient retail sector during the COVID-19 pandemic, with customers putting an emphasis on quick and efficient shopping, according to JLL and Trei Real Estate Poland in their third edition of the “Retail Parks and Convenience Centers in Poland” report, summarizing the situation at the end of first half 2022 and outlining the development prospects for the sector in Poland.

The development of the Polish retail market continues apace, with the retail park format taking the lead in terms of stock expansion. In the first half of 2022, developers completed 183,200 square meters (1.97 million square feet) of new retail space, 66 percent of which was delivered in the form of retail parks and convenience centers dedicated to everyday, quick shopping. However, another 341,700 square meters (3.68 million square feet) is expected to enter the market by the end of 2022, with retail parks accounting for 53 percent of this total.