According to data from Cushman & Wakefield, Lublin is the leading Polish city in terms of retail space saturation for schemes exceeding 5,000sqm. Its space saturation rate is 1,094sqm per 1,000 inhabitants compared to 831sqm for Warsaw – the most mature retail market in Poland.

Paradoxically, this does not preclude further growth for developers active in this market. There is still room in the city for traditional retail parks that are developed in alternative locations - frequently on the outskirts – and are anchored by tenants offering convenience shopping geared to the day-to-day needs of inhabitants.

“Compared with Warsaw, Krakow and Wrocław, Lublin has a higher percentage of shopping centre floorspace hovering around 72%. For example, that of Warsaw is 62%. It is notable, however, that the Polish retail market has experienced a process of diversification in recent years. Many developers began to target smaller retail formats in non-central locations, thereby catering to the daily shopping needs of consumers. This is also a likely growth scenario for the Lublin retail market,” commented Ewelina Staruch, consulting and research at Cushman & Wakefield.