Retail parks in Poland: Segment proves to be stable in the current crisis

Trei Real Estate GmbH and Jones Lang LaSalle Poland have jointly published a new market report on retail parks and convenience centers in Poland.

Key findings include:

Within the retail sector as a whole, investors focus primarily on retail parks, convenience centers, DIY stores and food markets. Prime yields for high-end retail parks have maintained a stable level between 6.5 percent and 6.75 percent. The Polish retail investment market saw five banner years of very strong investment volumes between 2015 and 2019, each achieving a transaction total of €2.0 billion ($2.0 billion) to €2.5 billion ($2.5 billion). The year-end volumes of 2020 and 2021 were significantly lower at €750 million ($747 million) and €1 billion ($1 billion), respectively. By contrast, investments in 2022 already stood at about €760 million ($757 million) by mid-year. Trei and JLL Poland said they are optimistic about 2022 as a whole.

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