Retail Market In Poland

1
PRESENTATION
28.10.2002
DTZ Polska

• Retail Market In Poland

Presentation by Renata Kusznierska Head of Retail
Agency
2
Modern Retail Supply in Poland
900000
800000
700000
600000
500000
400000
300000
200000
100000
0
1996 1997 1998
1999 2000 2001
2002
3
Total retail developments (8 major cities)
1400000
1200000
1000000
800000
600000
400000
400000
200000
0
Lódz Katowice Kraków Poznan
Szczecin Tri-city Warsaw Wroclaw
Total existing
Total underconstruction
Total planned
4
Developments under construction
103 000 sq.m.
65 000 sq.m.
60 000 sq.m.
Zlote Tarasy
Blue City
Arkadia
5
Number of sq.m. of modern shopping center
spaceper person in Poland vs. European countries
UK
230 m2 / 1 000 inhabitants
Germany
100 m2 / 1 000 inhabitants
22 m2 /1 000 inhabitants
Poland
6
Supply Trends
7
Foreign retail chains in Poland in 2003 -
HYPERMARKETS
8
Foreign retail chains in Poland in 2003-
SUPERMARKETS
9
Major Urban Shopping Malls Over 20,000 m2
Existing Under Construction

• City Mall Developer Area
  m2 Year
• Warsaw Sadyba Best Mall IT Theatres
  23,588 2000
• Warsaw - Galeria Mokotów GTC
  59,000 2000-02
• Warsaw Wola Park CE Retail Property
  Fund 73,000 2002
• Warsaw Blue City Singspiel B.V.
  53,000 2004
• Warsaw Arkadia BEG/Cefic
  110,000 2004
• Warsaw Zlote Tarasy ING Real Estate
  60,000 2005
• Lódz Galeria Lódzka ECE
  Projektmanagement 40,000 2002
• Lódz Maufaktura Apsys
  59,480 2005
• Kraków Kraków Plaza Plaza Centers
  30,970 2001
• Wroclaw Galeria Dominikanska ECE
  Projektmanagement 30,000 2001
• Szczecin Galaxy Echo Investment
  42,000 2003
• Sosnowiec Outlet Centre Outlet
  Company 23,000 2003
• Poznan Stary Browar Fortis Sp. z
  o.o. 20,000 2003-04
• Bielsko Biala Sfera BBC Sp. z o.o.
  20,000 2001

10
Poland current situation 2003
Rental levels on major retail range from USD 35
to 80 sq.m./month Rents in modern, centrally
located, shopping centres range from USD 30 to
50/sq.m./month Rents in modern shopping centers
located out of town are at the level of USD 25
40/sq.m./month Rents for hypermarket space range
from USD 8 to 12/sq.m./month depending on
location and size
11
Shopping Centres - Average Headline Rents (Units
of 50-100 m2) USD per m2 / month as at mid-2003.