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Trei Real Estate GmbH (Trei), an international developer and asset holder for residential and retail real estate, has opened two new retail parks under the Vendo Park brand in Poland within a single week. The properties are located in Lukow (Lublin voivodeship) and Wladyslawowo (Pomeranian voivodeship). This means that Trei has achieved its objective of opening six Vendo Parks in Poland this year. The total value of the two investments equalled approximately 17 million euros.
The new Vendo Park in Lukow has a lettable area of around 6,800 square metres and is occupied by nine different retailers. Among these tenants are Biedronka, Rossmann, TEDi, KiK and Pepco. Lukow lies in the Lubin voivodeship in south-east Poland and has a population of around 30,000. In addition to its retail units, the new retail park provides 170 parking spots.
The property in Wladyslawowo is currently occupied by eight tenants on a combined lettable area of 5,600 square metres and includes 190 parking spots. Eight stores, including outlets of Pepco, Rossmann, KiK, TEDi and Netto among others, have already opened for business. The new Vendo Park is conveniently located between a Lidl discount supermarket and a supermarket of the Biedronka brand. Moreover, McDonalds will open a branch next door during the second quarter of 2021. Wladyslawowo has about 10,000 residents and lies on the Baltic seaboard in the Pomeranian voivodeship, roughly an hour’s drive north-west of Gdansk.
Overall, Trei currently holds 31 Vendo Parks in its portfolio, of which 21 are located in Poland now. In 2021, Trei plans to open another six to seven Vendo Parks, including in Zielonka, Piekary Slaskie, Koszalin, Mysliborz and Oswiecim. The long-term objective is to complete at least 50 assets of this brand within the next three years.
Images’ credit : Trei Real Estate Lukow (Lublin voivodeship) and Wladyslawowo (Pomeranian voivodeship)
Source : Trei Real Estate GmbH