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Colliers International summarizes the activity on the Kraków retail market

In Kraków, consumers can do the shopping in 15 retail schemes totalling 548,000 sqm GLA of modern retail space. For every 1,000 inhabitants there is 528 sqm of shopping, service and gastronomy units space. On average there are 66,670 people per one shopping centre. Average purchasing power of Kraków inhabitants equals annually PLN 55,630 per square meter of shopping centre – according to Colliers International publication ”Shopping centres in agglomerations Q2 2016 | Kraków”.

During the January 2015 - June 2016 period there were no new completions of shopping centres in Kraków. Actually, the biggest investment under construction is Serenada centre (approximately 42,000 sqm GLA). The biggest shopping scheme in the region is still Bonarka City Center totalling 91,000 sqm GLA and 270 units.

Among lease transactions in Kraków market announced in the end of last year and in the first half of 2016 there should be mentioned - H&M (about 2,300 sqm), Carry (about 1,800 sqm), Mango (about 1,000 sqm) in Serenada, Sphinx (about 450 sqm) in Bonarka, English Home (about 215 sqm) in Galeria Bronowice and Medicine (about 200 sqm) in Galeria Krakowska.

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