Market Insights
Retail Market in Poland
Q1 2025
Key
indicators
Modern retail stock
New supply Q1 2025
Space under construction
Number of shopping centres
Modern Retail
market density / 1000 inhabitants
Vacancy rate in Q1 2025, 8 main agglomerations
344 m2
674
13.4 mln m2
40,500 m2
502,000 m2
3.4 %
General outline:
Supply
In the first quarter of 2025, 3 new retail schemes were completed and the next 2 were expanded.
The only format of newly dedicated supply was retail parks.
12
10
8
6
4
2
0
Modern Retail stock (at the end of Q1 2025, M m2)
Traditional shopping centres
Retail parks
Outlet
centres
Modern Retail space opened in Q1 by format (m2)
Source: Colliers
800
700
600
500
400
300
200
100
0
Number of modern retail shopping centres
(end of Q1 2025, m2)
2025
2024
2023
2022
2021
2020
2019
400 000
350 000
300 000
250 000
200 000
150 000
100 000
50 000
0
Modern Retail space under construction by format (end of Q1 2025, m2)
Outlet centres
Retail parks
Traditional shopping centres
6%
5%
4%
3%
2%
1%
0%
Vacancy rate – 7 largest agglomerations, data as of Q3 2024
Warsaw
Kraków
Poznań
Wrocław
Tri-City
GZM Metropoly
Łódź
Map
investments
New retail schemes opened in Q1 2025
Selected new openings in Q1 2025
Selected debuts in Q1 2025
Selected new lease agreements signed in Q1 2025
M Park
Mrągowo
15,330 m2
OTO Park
Żagań
6,500 m2
Aniołów Park (extension)
Częstochowa
2,700 m2
M Park
Brzeziny
5,900 m2
N Park (extension)
Tarnobrzeg
7,500 m2
Hopa Lupa Sukcesja
Łódź Entertainment and recreation 20,000 m2
Jula Pasaż Górczewska
Warsaw DIY 2,200 m2
TEDi Reduta
Warsaw Value Retailer 700 m2
Green Caffe Nero Diuna
Warsaw Gastronomy 200 m2
Half Price M Park
Mrągowo Fashion 1,300 m2
Mr. DIY Focus Mall
Piotrków Trybunalski Value Retailer 655 m2
Fabryka Formy Supersam
Katowice Entertainment and recreation 1,830 m2
Mountain Warehouse Designer Outlet
Sosnowiec Fashion - sport 410 m2
Ochnik Galeria Klif
Gdynia Leather goods and footwear 500 m2
CentrumRowerowe.pl Morski Park Handlowy
Gdańsk Sport Equipment 2,750 m2
JustGYM Rondo Hakena
Szczecin Entertainment and recreation 2,000 m2
Armağan Toys Nowa Sukcesja
Łódź Children and maternity
HD Rey Widok Towers
Warsaw Services - health & beauty
JoinUp! Galeria Północna
Warsaw Services
Sun&Fun Promenada
Warsaw Services
Guess Jeans Wroclavia
Wrocław Fashion
The Brunchery Office House
Warsaw Gastronomy
Planned opening: 2025
Semolino Bohema (AFI House)
Warsaw Gastronomy
Planned opening: 2026
Fruitissimo Galeria Młociny
Warsaw Gastronomy Planned opening: 2025
JTI (stands) Renoma | Magnolia
Wrocław Others
JTI (stands) Galeria Krakowska
Kraków Others
JTI (stands) Posnania
Poznań Others
General
overview
In the first quarter, the market recorded one of the lowest quarterly values of new supply in recent years. All newly completed modern retail schemes appeared in cities with populations below 100,000, in the format of retail parks.
Announcements of planned shopping center closures, including Galeria Bemowo (Warsaw), Galeria Dębiec (Poznań), and other facilities were noted.
At the beginning of the year, the Apsys Group acquired the Hala Targowa in Gdańsk. The facility will expand its gastronomic and cultural offerings while maintaining the traditional retail function on level -1. A Food Hall was opened in the Stary Browar shopping center in Poznań.
New shopping centers are planned in the Warsaw metropolitan area. Ceetrus and Apsys announced the joint venture to develop the Wilanów Park shopping center. Ceetrus obtained a building permit for the Góraszka Project in January 2025.
The XXXLutz Group, previously owning 50% of the BRW Group, acquired the remaining 50% and is awaiting approval of the transaction by the antitrust office. The CCC Group announced changes to its e-obuwie concept, preparing modifications to the concept of stationary stores and product offerings. Eobuwie.pl stores will open in cities with at least 60-70 thousand inhabitants, and the Modivo zone will be removed from them.
In the first quarter of 2025, five brands debuted on the Polish retail market. The first brick-and-mortar points of the travel agencies JoinUp! and Sun&Fun appeared in Warsaw, and the first HD Rey (health and beauty) opened near in the central Warsaw. The first Guess Jeans (fashion) stores opened in Wrocław and Poznań, and the Turkey-based brand Armağan Toys (children's articles) debuted in the renovated Nowa Sukcesja shopping center in Łódź. Also, in Łódź, the first Foodex Express convenience store opened on Piotrkowska Street. The Krakowski Kredens brand has also returned to opening brick-and-mortar stores.
Visualization of the project Office House (Towarowa 22).
The new location of The Brunchery.
M Park Mrągowo, source: LCP
AFI Home (Bohema)
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Legal disclaimer
This report has been prepared by Colliers as a professional real estate advisory service provider, having the knowledge, experience and skills necessary to conduct this type of analysis, assisted by the team with relevant education and professional qualifications. Colliers has adopted the data and information available on the market and gathered from reliable sources as the basis for all analyses and calculations performed to prepare the report, taking into account the due diligence and professional nature of Colliers' activities. Colliers has accepted the baseline data collected as correct and in accordance with the facts. Colliers takes no responsibility for the accuracy, reliability or completeness of the documents and information on which the analyses included in the report are based. This document does not constitute and must not be treated as investment or valuation advice or an offer to buy or sell a property. This publication is the copyrighted property of Colliers and/or its licensor(s).
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Poland
Contacts
Dominika Jędrak Director Market Insights +48 666 819 259 dominika.jedrak@colliers.com
Wojciech Wojtowicz Senior Business Analyst Market Insights +48 532 855 058 wojciech.wojtowicz@colliers.com
M Park Brzeziny, source: LCP
New objects
Extensions
32%
68%
Change y-o-y | Source: Colliers, data for Q1 2025
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Retail market in Poland
Market
Insights