Poland's retail park sector shifts towards larger projects

Poland's retail park sector has experienced significant growth over the past three decades, particularly booming since 2020 and showing no signs of slowing down.

Artur Czuba

According to research by Avison Young, between 2020 and 2024 alone, an additional 1.5 million m2 of retail park space was added. Projections indicate another 120,000 m2 delivered in H1 2025, 340,000 m2 in H2 2025, and approximately 500,000 m2 in 2026.
Currently, Poland boasts over 290 large retail parks (each >5,000 m2 GLA), collectively accounting for about 3.2 mln m2, which is 21% of modern retail stock—double its 2010 share. Most new developments since 2020 (over 70%) are in the 5,000-10,000 m2 range, with 60% built in towns with populations under 50,000. Additionally, over 400 smaller convenience retail parks (2,000-5,000 m2 GLA) contribute another 1.3 mln m2.
The market is shifting towards larger projects, with 52 retail parks (>5,000 m2 GLA) currently under construction or expansion, 10 of which will exceed 15,000 m2. The largest, Osada in Żyrardów, will offer 33,000 m2, positioning bigger retail parks as alternatives to traditional regional shopping centres.
The top 10 market players hold approximately 45% of existing large retail park supply, with Pradera leading at 9%, followed by Saller (8%), BIG Poland (6%), and Trei Real Estate (5%). The remaining ownership is highly fragmented.
As of August 2025, around 510,000 m2 of retail park space is under construction. The 7 most active developers account for nearly 50% of this new supply, with Saller (13%) and LCP Properties (10%) leading. A significant portion (57%) of this new supply is in towns under 50,000 residents, and only 15 of over 64 projects exceed 10,000 m2. Over the past five years, retail park development (1.7 million m2) has significantly outpaced shopping center growth (just over 500,000 m2).
Artur Czuba, director, Investment at Avison Young, commented: “These larger formats have proven attractive to a broader tenant mix, drawing not only everyday convenience operators but also brands from the economy fashion segment, as well as gastronomy and service providers. As a result, retail parks are steadily transforming from purely local shopping destinations into more versatile hubs that meet a wider range of consumer needs”.
Eran Levy, CEO at BIG Poland, added: “BIG’s debut in Poland in 2022 marked the beginning of a focused, long-term growth strategy aimed at secondary cities with strong potential. We have acquired and developed assets in well-located areas with a carefully curated tenant mix and clear prospects for value enhancement. Since 2022, BIG Poland has built a portfolio of 10 fully commercialized retail parks totalling nearly 200,000 m2 of GLA, securing approximately 6% of Poland’s dynamic retail-park market.”