Trei Real Estate opens its 11th Vendo Park in Poland

Trei Real Estate opens its 11th Vendo Park in Poland

Trei Real Estate has opened its 11th Polish retail park, operating under the Vendo Park brand, in Bytow. This is the developer's first investment in the Pomerania region. The asset offers 2,900m² of modern commercial space, which is now fully leased to popular brands such as Rossmann drugstore, Media Expert - a leader in the AGD and RTV industry, as well as CCC, KiK and Pepco. The total cost of investment is approximately €4m.

 

Pepijn Morshuis, CEO of Trei Real Estate, commented: "Vendo Park in Bytow is another success for Trei on the Polish market. We are increasingly signing lease contracts during the early stages of our projects' construction. This was exactly the case with the Bytow project, where we had a complete list of tenants several months before the opening. The comfortable single-storey, retail parks that we develop encourage our partners – chain stores present in other Vendo Parks – to expand, as well as attracting new companies seeking another business location. This year we plan to expand our group of tenants with well-known fashion apparel brands which, until now, have usually selected downtown shopping malls. Furthermore, we plan to open five more Vendo Parks this year.”

Related News