In the recent years, the Polish retail properties market went through a difficult period. The coronavirus pandemic and the related social restrictions had a major impact on the financial results of shopping malls. In addition to that, the changing consumer behaviors contributed to a massive increase in online sales. However, the years 2022 and 2023 brought a gradual improvement of the situation on the retail market and, consequently, of the overall climate for investing in real property. Furthermore, alternatives to large shopping malls, i.e. smaller retail parks, have been enjoying growing popularity on the market for several years now; these are often located closer to residential areas and in smaller cities. This sector has been growing dynamically in terms of both volume and the share in the entire retail market in Poland.
