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POLAND Trei opens 27th Polish Vendo Park

Retail & leisure
German developer and asset holder Trei Real Estate has opened its 27th Vendo Park in Poland.

The retail park has a total leasable area of 5,000 sqm and parking for 242 vehicles. Investment costs for the project came to EUR 6.4 mln. It is anchored by Lidl and also features such brands as interior décor retailer KiK, electronic goods specialist Action, a Maxi Zoo pet shop and clothes store Sinsay. The new Vendo Park is the second retail park to eb opened by Trei in the Kuyavian-Pomeranian province following the opening of a Vendo park in Solec Kujawski last summer.

Since the beginning of the year, we have managed to open six new Vendo Parks with a combined leasing area of 30,000 sqm. This goes to show that demand for retail parks remains strong in Poland, especially in small and mid-sized cities. This was confirmed by our 2021 market analysis, which we compiled in collaboration with JLL for the second consecutive time: 2021 may well become a banner year for Poland’s retail sector, with 209,000 sqm of leasable space in new retail parks completed.
Pepijn Morshuis, the CEO of Trei Real Estate

Trei is now planning to open two more Vendo Parks in Poland before the end of this year, in Chorzów and in Radzymin. Its retail park in Pułtusk has also been recently extended.

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