LCP group expanded by another 2 projects in Poland

by   CIJ News iDesk III
2020-11-24   08:36
/uploads/posts/ea19f0b39d05b53722ab6b617210fc019362946b/images/180772460.jpg /uploads/posts/ea19f0b39d05b53722ab6b617210fc019362946b/images/775189427.jpg

Last week, LCP completed the purchase of real estate in Zabrze and Siedlce with a total GLA of 6,300 sqm. The project in Zabrze is its second phase with the size of 1,400 sqm with the main tenants Pepco and Action. Siedlce, on the other hand, is a HotStop project with an area of ​​approx. 4,900 sqm of the "convenience store" type - a retail park, where the main tenants are: Lidl, Pepco, Media Expert, Hebe, KiK and Rossman.

“We are glad that we were able to acquire these 2 projects. When a good investment opportunity arises, we try to actively use our time and execute purchases as quickly as possible. We expect further intensive development of LCP in Poland for the next year. ”- says Krystian Modrzejewski, Country Manager of LCP in Poland.

Both transactions were closed in a short time, which proves the constant commitment of the LCP group on the Polish market and the constant readiness to carry out the procurement process, especially in projects with good potential.

By the end of the year, LCP is planning further investments that will allow it to optimize its current portfolio. "We are looking for good projects and we want to implement investment opportunities quickly with our partners, which is why we still have a dozen or so potential projects on the schedule. More importantly, we also have capital to carry out such transactions in the event of a positive verification" - adds Krystian Modrzejewski