2024-12-19
retail
Trei Real Estate GmbH, a global developer and asset manager specializing in residential and retail properties, has completed a significant year of expansion in Poland, investing approximately €44.2 million in the development of three new Vendo Parks. The latest addition, located in Kostrzyn nad Odrą, marks the 41st retail park in Trei’s growing portfolio in the country. The newly opened Vendo Park in Kostrzyn nad Odrą, a town near the German-Polish border in Lubusz Voivodeship, spans 6,400 square meters of lettable area. The facility is home to popular retail chains such as Aldi, dm, KIK, Action, Martes Sport, and Sinsay. Trei invested €8.8 million in this project, enhancing the retail options for the town’s population of approximately 17,600. In addition to Kostrzyn nad Odrą, Trei launched two other Vendo Parks in 2024, located in Wrocław and Szczecin, bringing the combined lettable area of the three new parks to approximately 35,000 square meters. Szczecin’s site, boasting 24,000 square meters, is the largest Vendo Park in Trei’s portfolio and includes tenants like Rossmann, Media Expert, TEDi, and Jysk, alongside a Lidl supermarket and OBI home improvement store. “Demand for retail parks continues to rise in Poland,” said Pepijn Morshuis, CEO of Trei. “Customers appreciate the diverse range of tenants, from food markets to clothing stores, which are increasingly choosing retail parks over traditional shopping centers. The strong tenant demand during the planning stages of our new Vendo Parks underscores their appeal.” The Vendo Park in Szczecin features extensive green spaces, electric vehicle charging points, and bicycle infrastructure, reflecting Trei’s commitment to sustainability. Similarly, the Wrocław site, with 5,000 square meters of lettable area, houses retailers like KiK, MaxiZOO, Pepco, and Rossmann, supplemented by an adjacent Aldi supermarket. Since opening its first Vendo Park in Nysa in 2013, Trei’s portfolio has grown to 41 retail parks across Poland. Looking ahead to 2025, the company plans to accelerate its investment in the Polish market, targeting the development of six additional Vendo Parks. Trei’s continued expansion reinforces its position as a key player in Poland’s thriving retail sector, meeting both tenant and consumer demand while contributing to the country’s economic growth. Photo: Vendo Park, Szczecin