Trei Real Estate, an international developer and asset holder for residential and retail real estate, just opened another retail park of its Vendo Park brand in Radzymin, Masovian voivodeship, close to Warsaw. The total amount invested was €3.1M.
The combined leasing
area of more than 2,000sq m is leased in its entirety to KiK (apparel), Media
Expert (consumer electronics), Rossmann (drugstore) and the butcher shop
Zaklady Miesne Stanislawow. The asset occupies a plot of 5,200sq m on Aleja
Jana Pawla II and is located in immediate vicinity of an existing Lidl discount
supermarket.
The grand opening in Radzymin brings the Vendo Park portfolio up to a total of
39 retail parks, thereof 29 located in Poland and the others in the Czech
Republic and Slovakia. “I’m proud to say that we topped the growth we had
planned for the year by opening up eight new Vendo Parks in 2021. In addition,
we enlarged the retail property in Pultusk and we have the next projects
already in the pipeline,” commented Pepijn Morshuis, the CEO of Trei Real
Estate.
The Vendo Parks Trei completed and opened in addition to Radzymin this year are
located in Zielonka, Mysliborz, Koszalin, Piekary Slaskie, Oswiecim, Inowroclaw
and Chorzow. The retail park in Chorzow was the first that Trei developed
together with the investor Patron Capital. Within the framework of a joint
venture with Patron, Trei is planning to develop another 15-20 Vendo Parks in a
combined value of €140M. Two projects in Otwock and Skarzysko-Kamienna are
currently under construction while another two in Lapy and Siedlce,
respectively, are in the project planning stage.
