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Renoma, located at Świdnicka 40 in central Wrocław, Poland, is a historic mixed-use property originally opened in 1930 as the Wertheim department store, the largest of its kind in pre-war Breslau. Revitalized in 2009 by Centrum Development & Investments and now owned by Globalworth Poland Real Estate, it spans approximately 35,000 sqm of retail and service space across lower levels, with upper floors dedicated to offices and dining.
The building features a modernist facade with gilded elements and sculptures, protected as a heritage site since 1977. Its market position as an iconic landmark in Wrocław's city center, near the Market Square and Opera, benefits from high pedestrian traffic and integration into the urban fabric. The tenant mix emphasizes premium fashion, comprising over 120 stores including Italian brands like Pinko, Liu Jo, Marella, Elisabetta Franchi, and Marc Cain, alongside Polish labels such as Patrycja Pepe and Deni Cler, plus accessible retailers like TK Maxx and Rossmann.
Food and beverage options include Dinette (Michelin-recommended), Zucca for Italian cuisine, and Etno Cafe, enhancing dwell time.
Accessibility is strong via extensive public transport networks (trams and buses on Świdnicka Street) and a multi-level parking facility accommodating over 300 vehicles.
Demographic profile targets urban professionals, affluent locals, and tourists, drawn to the blend of history and modernity in a city of 640,000 residents with growing retail spending.
Leasing advantages include stable occupancy above 95% in retail sections, supported by the property's prestige and footfall from office workers (tenants like DXC Technology, Deloitte) and events. However, challenges involve high maintenance for historic elements and competition from larger suburban malls like Magnolia Park.
Rent levels in central Wrocław average 150-250 EUR/sqm annually for prime retail space, with flexible terms for anchor tenants.
Overall, Renoma offers balanced performance in a saturated market, with risks tied to economic fluctuations affecting discretionary spending.
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Hours of Operation
Hours
| Monday | 09:00 AM — 09:00 PM |
| Tuesday | 09:00 AM — 09:00 PM |
| Wednesday | 09:00 AM — 09:00 PM |
| Thursday | 09:00 AM — 09:00 PM |
| Friday | 09:00 AM — 09:00 PM |
| Saturday | 09:00 AM — 09:00 PM |
| Sunday | 10:00 AM — 08:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Footfall
Renoma attracts a diverse demographic in central Wrocław, including young urban professionals aged 25-45, families, and international tourists, supported by the city's population of 640,000 and regional draw of 1.3 million. High footfall stems from its prime location on Świdnicka Street, a key pedestrian corridor linking cultural sites, estimating 10,000-15,000 daily visitors based on similar central properties. Office integration with 35,000 sqm leased to firms like Deloitte boosts weekday traffic, while weekends see leisure shoppers. Market reports indicate stable visitor numbers post-revitalization, though seasonal dips occur in winter. Risks include reliance on tourism, vulnerable to external events like pandemics, but the mixed-use format mitigates this by diversifying traffic sources.
Tenant Mix and Occupancy
The tenant mix at Renoma focuses on premium fashion (60% of space) with brands like Pinko, Liu Jo, and Elisabetta Franchi, complemented by health/beauty (Rossmann), discount (TK Maxx), and services (LUX Med clinic). Over 120 outlets achieve occupancy rates exceeding 95%, per Globalworth reports, reflecting strong demand in a city with rising apparel spending. Dining areas with Dinette and Zucca add experiential value, increasing average dwell time to 1.5 hours. Weaknesses include limited big-box anchors, potentially capping sales in non-fashion categories amid market saturation from 20+ local centers. Nonetheless, curated mix supports co-tenancy synergies, aiding smaller retailers' performance.
Lease Terms and Market Risks
Leasing at Renoma features competitive terms with base rents of 150-250 EUR/sqm/year, plus turnover percentages for fashion tenants, and incentives like fit-out contributions for long-term commitments (5-10 years). Advantages include high visibility and cross-traffic from offices/parking, but drawbacks encompass aging infrastructure requiring ongoing investments and access constraints during peak hours. Competition from modern venues like Arkady Wrocławskie poses saturation risks in premium segments, with Wrocław's retail vacancy at 5-7% per CBRE data. Economic factors, such as inflation impacting consumer spending, heighten turnover risks, though the property's heritage status ensures resilience in a recovering post-pandemic market.
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Wrocław
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