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Szczecin

Over the last three years, the Szczecin office market has been developing at a record-breaking pace. Currently Szczecin offers 157.000m2 of office area. Almost 36.000m2 of modern office space is under construction. When comparing retail density with other agglomerations and retail formats currently operating in Szczecin, the market has a potential for growth. In Szczecin the potential for the development of state-of-the-art shopping centres remains high. In 2017 (due to the expansion of the Galaxy shopping centre by 17.000 m2 and Outlet Park by 7.300 m2), the density ratio increased to 546m2/1.000 inhabitatnts. The vacancy rate is at 2.8%. Prime rental rates (EUR 35 - 37/m2/month) decreased slightly. The strategic location and availability of warehouse space make the city a very attractive place to start and develop companies in the logistics sector. In 2017, 319.600m2 of industrial space was delivered to the market. Total supply reached over 500.000m2.

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