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Economic indicators in 2025
Purchasing power index
SWOT
ANALYSIS
Retail density
(sq m /1,000 inhabitants)
Retail stock
(sq m)
City SWOT analysis
Tenants’ structure
W
E
A
K
N
E
S
S
E
S
T
H
R
E
A
T
S
O
P
P
O
R
T
U
N
I
T
I
E
S
S
T
R
E
N
G
T
H
S
Vacancy rate
Standard lease terms
Shopping centres age
Bialystok
Poland Retail Destinations
Bialystok
DENSITY - STOCK
623
DENSITY - UND.CONST
85
DENSITY - PLANNED
169
EXISTING
186,519
UNDER CONSTRUCTION
25,000
PLANNED
111,000
PRIME RENTS
(EUR/sq m/month) - shopping centres
30-35
PRIME RENTS
(EUR/sq m/month) - high streets
15-25
AVERAGE LEASE LENGTH
(years)
5-10
SERVICE CHARGES
(PLN/sq m/month)
25
INCENTIVES
Rent free period,
step-up rent, fit-out
budget
•
Population in agglomeration
'000
504
•
Increase in population till 2025
0.3%
•
Residence based retail sales
(EUR million)
1,306
•
Increase in residence based
retail sales till 2025
32%
•
Household disposable
income (EUR million)
3,000
•
Increase in household
disposable income till 2025
34%
•
Convenient location in the north-
eastern Poland
•
Proximity to the international
borders
•
Outflow of young
population
•
Local character of the city
•
Increasing
importance of
shopping tourism from
abroad
•
Oversupply of retail projects
•
Purchasing power at the
national average
Per inhabitant
107
Per household
93
38.35%
10.84%
8.63%
11.85%
5.62%
11.85%
3.0%
3.0%
1.3%
5.0%
4.8%
4.2%
3.7%
1.1%
5.22%
7.63%
H2 2011
H1 2012
H2 2012
H1 2013
H2 2013
H1 2014
H1 2015
H2 2014
18%
64%
18%
over 10 years old
5 -10 years old
below 5 years old