Foreign investors will help shape the Polish retail sector in 2013, according to a recent CBRE report. According to the report, investor interest will focus mainly on three sectors: high streets in major cities, shopping malls and regional cities, where new market and geographic niches are opening up.
Interest in high streets is growing both in Warsaw and in the country’s regional cities, according to CBRE.
“In Warsaw, the area south of the city center is growing especially quickly in the vicinity of Trzech Krzyży Square and Mokotowska Street and the streets on both sides of Marszałkowska Street,” said Karina Kreja, Associate Director of Research and Consultancy at CBRE in Poland. “This area has become a veritable mecca of bars, restaurants, independent boutiques and specialist stores. Another stimulus to the development of Warsaw’s city center is expected once the second line of the underground is completed. It will bring about a growth in trade along Swietokrzyska and adjoining streets.”