Product Details
Report description
Our report presents the shopping centre market in Central Europe in terms of available gross leasable
area (GLA) as well as existing schemes and those in the pipeline. In particular, the report covers Poland,
Czech Republic, Slovakia, Hungary, Romania and Bulgaria. The report also profiles important developers
and investors, as well as contractors in the region. Key coverage includes market development forecasts
up to 2011, as well as analysis of attractive locations in each country for further shopping schemes
introduction.
Key sections
Executive summary
Macroeconomic overview and comparative analysis
Comparative analysis of shopping centre market in Central Europe, 2007-2009
Demographics
Economic growth
Labour market
Retail market
Market size GLA and number of shopping schemes and growth, 2007-2009
Market development history
Development drivers
Key trends
Investment market overview
Major developers/investors in Central Europe and their largest projects,
prominent contractors
Development forecasts for 2009-2011
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Country profiles (Poland, Czech Republic, Slovakia, Hungary, Romania, Bulgaria)
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Shopping centre construction market forecasts, total Central Europe and particular countries
Planned investments in new shopping centres in Central Europe
Key macroeconomic, demographic, labour
and retail market data
Review of existing shopping centre market situation
total shopping centre gross leasable
area (GLA) 2007-2009
GLA per 1,000 citizens
total number of shopping centres
in operation
new shopping centre GLA
shopping centre construction value
average shopping centre GLA
largest shopping centres
largest projects in the pipeline
2007-2009
Profiles of important
developers/investors
Profiles of important contractors
Analysis of shopping centres saturation
in largest cities
shopping centre availability H1 2008
and 2011
largest shopping centres
GLA per 1,000 citizens, H1 2008
and 2011
projects in the pipeline by 2011
“white spots” identification
Largest shopping centres in Central Europe
An essential read for:
top management and marketing departments of retail companies active or considering entry to
Poland, the Czech Republic, Slovakia, Hungary, Romania or Bulgaria
companies either already active or considering launching operations on the construction market in
Central Europe
developers, contractors and investors
architects and consultants interested in the Central European market.
This report is an invaluable resource for any company active in or considering entry to the Central
European construction or retail sectors.
Table of Contents
Table of contents
Methodology 11
Executive summary 17
Social and macroeconomic overview 27
Demographics 27
Economic growth 30
Labour market and purchasing power 33
Retail sales 2004-2009 35
Comparative analysis of shopping centre market
in Central Europe 39
2008-2009: Shopping centre construction boom 39
Market size 2007-2009 41
GLA in Central Europe 41
Number of shopping schemes in Central Europe 42
Composition of existing Central European GLA
and number of schemes by country 43
GLA growth by 2009 by country in Central Europe 44
GLA per 1,000 inhabitants by country
in Central Europe 47
Development drivers 48
Rising incomes 48
Increasing consumer spending 50
Improving retail sales and strong demand
for retail space 50
Expansion of large multinational grocery retailers 51
Demand for convenience 51
Demand for a more diverse and larger range of goods 52
Market trends 52
Low vacancy rates and expansion to regional towns 52
Steady increase in rents 53
Development of superior, specialist and innovative forms
of shopping centres 54
New generations of shopping centres 56
New brands on the market following the development
of shopping centres 56
Yield compression slowdown 56
Shopping centre investment deals 57
Major developers in Central Europe 61
Largest shopping centres in Central Europe 64
Development forecasts up to 2011 66
Country profiles 73
Poland 73
Demographics 74
Macroeconomics overview 74
Retail industry overview 75
Shopping centre market overview 2007-2009 76
Largest shopping centres: existing
and in the pipeline, H2 2008-2011 77
Profiles of prominent developers,
investors and contracts 81
Shopping centre space saturation analysis H1 2008-2011:
largest cities 87
Czech Republic 95
Demographics 95
Macroeconomic overview 96
Retail industry overview 97
Shopping centre market overview 2007-2009 97
Shopping centre space saturation analysis H1 2008-2011:
largest cities 98
Profiles of prominent developers,
investors and contracts 101
Shopping centre space saturation analysis H1 2008-2011:
largest cities 105
Slovakia 110
Demographics 110
Macroeconomic overview 111
Retail industry overview 112
Shopping centre market overview 2007-2009 112
Largest shopping centres: existing and
in the pipeline, H2 2008-2011 113
Profiles of prominent developers,
investors and contracts 116
Shopping centre space saturation analysis H1 2008-2011:
largest cities 119
Hungary 124
Demographics 124
Macroeconomic overview 125
Retail industry overview 126
Shopping centre market overview 2007-2009 126
Largest shopping centres: existing and
in the pipeline, H2 2008-2011 127
Profiles of prominent developers,
investors and contracts 130
Shopping centre space saturation analysis H1 2008-2011:
largest cities 133
Romania 138
Demographics 138
Macroeconomic overview 139
Retail industry overview 140
Shopping centre market overview 2007-2009 141
Largest shopping centres: existing and
in the pipeline, H2 2008-2011 141
Profiles of prominent developers,
investors and contracts 144
Shopping centre space saturation analysis H1 2008-2011:
largest cities 147
Bulgaria 154
Demographics 154
Macroeconomic overview 155
Retail industry overview 156
Shopping centre market overview 2007-2009 156
Largest shopping centres: existing and
in the pipeline, H2 2008-2011 157
Profiles of prominent developers,
investors and contracts 160
Shopping centre space saturation analysis H1 2008-2011:
largest cities 163
