Trei opened Vendo Park in Kostrzyn with a €8.8m investment (PL)

Trei opened Vendo Park in Kostrzyn with a €8.8m investment (PL)

Trei Real Estate GmbH (Trei) just opened the 41st retail park of its Vendo Park brand in Poland. The property is located in Kostrzyn nad Odrą, a small town with a population of around 17,600 on the German-Polish border in Lubusz voivodeship. Trei invested c. Trei secured €8.8m in the property. The latest Vendo Park has a lettable area of around 6,400m2 and is occupied by outlets of the retail chains and discounters Aldi (food market), dm (drugstore), KIK (textiles), Action (interior decoration), Martes Sport (sporting goods) and Sinsay (clothing). Overall, Trei opened three new Vendo Parks in 2024, whose combined lettable area adds up to c. 35,000m2. The total investment volume for all three properties is c. €44.2m.

 

Pepijn Morshuis, CEO of Trei, commented: “Demand for retail parks keeps going up in Poland. Shoppers very much appreciate the diverse range of retail amenities that our various tenants offer. In addition to food markets, drug stores and service providers, we are seeing a growing number of clothing stores move in, which is remarkable insofar as they used to prefer traditional shopping centres. In the case of our latest three Vendo Parks, strong tenant-side demand emerged as early as their planning stage, and all of the lease agreements were already signed during that time.

 

Image source - Trei Real Estate.

 

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