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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
Krakow
Poland Retail Destinations
Krakow
DENSITY - STOCK
265
DENSITY - UND.CONST
0
DENSITY - PLANNED
20
EXISTING
554,800
UNDER CONSTRUCTION
0
PLANNED
42,000
PRIME RENTS
(EUR/sq m/month) - shopping centres
50-60
PRIME RENTS
(EUR/sq m/month) - high streets
65-80
AVERAGE LEASE LENGTH
(years)
5-10
SERVICE CHARGES
(PLN/sq m/month)
30
INCENTIVES
Rent free period,
step-up rent, fit-out
budget
•
Population in agglomeration
'000
2,099
•
Increase in population till 2025
0.6%
•
Residence based retail sales
(EUR million)
5,433
•
Increase in residence based
retail sales till 2025
32%
•
Household disposable
income (EUR million)
4,181
•
Increase in household
disposable income till 2025
34%
•
Low and decreasing vacancy level
•
Well-performing high streets with
well-situated large units
•
Over 9 million tourists yearly
boosting the purchasing
power
•
A considerable number of
schemes located within a close
proximity to each other
•
Development of the new
retail scheme
•
Regional competition
with Silesia region
•
Potential for new
investments
•
Third largest
agglomeration in terms of
population
•
Still limited number of retail schemes
•
Bureaucratic barriers
•
A complicated cooperation
with local authorities
Per inhabitant
120
Per household
99
28.48%
14.24%
13.16%
9.41%
5.59%
15.38%
3.7%
2.8%
3.4%
4.9%
3.8%
4.6%
4.5%
4.8%
2.0%
5.66%
8.07%
H1 2011
H2 2011
H1 2012
H2 2012
H1 2013
H2 2013
H1 2014
H1 2015
H2 2014
19%
36%
45%
over 10 years old
5 -10 years old
below 5 years old