The “Pod Wiatrakami” Retail Park near Słupsk has signed up two new tenants: JYSK, which will take 1,250 sq m, and TEDi, which has opened an 850 sq m store. The complex, which was completed in 2011, is being recommercialised to better address the needs of local inhabitants and align with retail market trends in Poland. A team of global real estate services firm Cushman & Wakefield is responsible for creating an optimal tenant-mix for the park.
Located on the outskirts of Słupsk, the “Pod Wiatrakami” Retail Park offers 18,000 sq m of retail space. It is anchored by Agata Meble, Premium Fitness & Gym, and Abra Meble, among others.
“The “Pod Wiatrakami” Retail Park has become a permanent feature of the retail landscape of Słupsk and nearby towns. After 12 years of operating in the local market, it is a natural step for the park to enhance its tenant-mix with other well-known and best-loved brands. This holds true not only for “Pod Wiatrakami”, but also for a number of other retail parks throughout Poland. This retail format is maturing, which should incentivize investors to rethink the offer of their retail parks,” says Michał Masztakowski, Tenant Leasing Manager, Cushman & Wakefield.
Retail parks still have a strong growth potential in Poland. According to data from Cushman & Wakefield, at the end of June 2023 there were 30 retail parks under construction.
“The second quarter of 2023 alone saw five retail park openings across Poland: in Bytów, Dzierżoniów, Lublin, Ostrzeszów and Piotrków Trybunalski. In addition, the extensions of two retail parks: Aura Park in Nakło nad Notecią and Nowe Bielawy in Toruń were completed. The fact that retail park owners choose to increase the leasable area of their facilities is the best evidence of the appeal of this format. The pandemic has shown that retail parks can be attractive for larger groups of customers than originally thought,” adds Michał Masztakowski.
In addition, the rising costs of living are temporarily changing the structure of consumer spending with less money spent on non-essential goods and services, for instance on eating out or travels.
