Ober-Haus Real Estate Annual Market Report 2013 Poland

Tricity – Retail marketRetailMore projects in preparationSupplyIn 2012, Galeria Szperk was opened in Gdynia.The total retail space in Tricity (Gdańsk - Gdynia -Sopot) is 702,500 sqm. New retail space in CH Wzgórzeis under construction and it will be extendin September 2013 to 65,000 sqm (from existing23,000 sqm).Main Shopping MallsTo lease space in these or other properties, callOber-Haus on +48 58 520 40 99.Galeria Bałtycka - located in Gdańsk Wrzeszcz,totals 123,000 sqm, of which 45,000 sqm is retailspace. The main tenants are Saturn, Carrefour,Peek & Clopenburg.Park Handlowy Matarnia - located in GdańskMatarnia at Złota Karczma Street, with a total area of68,000 sqm. The main tenants are OBI, Media Markt,C&A, BOMI, EMPIK.Centrum Handlowe Klif - in Gdynia-Orłowoby 256 Zwycięstwa Alley, offers 30,000 sqm of retailspace in 150 shops. Klif Gdynia is a centre of fashionand style with such exclusive brands as MaxMara,Patrizia Pepe, Escada Sport, Guess, TruTrussardi,Stefanel, Pollini and Tommy Hilfger, and clothes forwhole family like Zara, H&M, M&S, Cubus, Kappahl.The shopping centre offers a wide choice of interiordecoration shops, jeweller’s and beauty andhealthcare shops. There is four storey detachedparking building.Galeria Przymorze – shopping centre located indistrict Przymorze, with 23,000 sqm of retail space and100 shops and a hypermarket E.Leclerc, at the junctionof Chłopska and Obrońców Wybrzeża Streets, openedin 2009.New ProjectsTo lease space in these or other properties, callOber-Haus on +48 58 520 40 99.Centrum Hevelius – BASS – 48,000 sqm of retail spaceby Kilińskiego with hotel for 120 rooms, cinema andoffices. Completion planned for 2014.Gdańk Retail Project – AIG Lincoln - 94,000 sqmof modern retail space by Jabłoniowa Street. Plannedcompletion 2015.DemandIn 2012 the vacancy rate grew to 4%. The mostpopular areas are those in shopping centres notexceeding 100 sqm. In 2013 the vacancy is predictedto keep rising.• CH Matarnia TrójmiastoRentsRents for units of 100 sqm were EUR 25 - 45 per sqm.Larger spaces in retail parks cost EUR 10.00 – 12.50 persqm. The most exclusive location on the high streetsare between EUR 45 – 65) per sqm. The average retailinvestment yield is 6.1%.Port Rumia Centrum Handlowe Auchan - in Rumia,at Grunwaldzka Street. Its commercial area is 11,000sqm. Completely rented out by tenants such asAuchan, Leroy Merlin, and C&A.17