PL

Trei buys land for two Vendo Parks

Investment & finance
POLAND Trei Real Estate has purchased land for the construction of a Vendo retail park in Kobyłka near Warsaw, which is to be completed by the end of the year, and for a Vendo Park in Kutno near Łódź to be delivered in 2020.

The plot in Kutno is on ul. Oporowska and has an area of just under 2.8 ha. A 5,200 sqm retail centre is to be build with eight stores next to a Carrefour hypermarket. The leasing of the park has begun and construction work is to begin at the beginning of 2020. A Vendo Park is also to be built in Kobyłka, on a plot of over 0.8 ha on ul. Napoleona. A building permit has been granted and the construction work has been put out to tender. The centre will have six stores and a gla of 3,200 sqm. The leasing of the park has just started. Trei currently has a Polish portfolio of eleven Vendo Park retail properties, which should increase to 16 over the coming months. The developer currently has projects in Pułtusk, Ostrołęka and Łask and eleven development plots in Władysławowo, Sierpc, Częstochowa, Zielonka, Jawor, Solec Kujawski, Płock, Kraków, Inowrocław, Piekary Śląskie and Warsaw .

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