On October 1, 2021, developer and asset holder for residential and retail real estate Trei Real Estate GmbH announced it has opened its 27th retail park of the Vendo Park brand in Poland.The property is located in Inowroclaw in the Kuyavian-Pomeranian Voivodeship. According to Trei, the new retail park, which is let to nine retailers as well as to a supermarket, provides a total leasing area of 5,000 square meters and a total of 242 car parking spots. The investment volume adds up to a total of 6.4 million euros.
In addition to food retailer Lidl, the units are occupied by outlets of KiK (textiles and interior decoration), Action (electronics and appliances), Maxi Zoo (pet supplies), and Sinsay (apparel). The new Vendo Park is the second retail park in the Kuyavian-Pomeranian Voivodeship after the one in Solec Kujawski opened for business last summer.
“Since the beginning of the year, we managed to open six new Vendo Parks with a combined leasing area of 30,000 square meters,” states Trei Real Estate CEO Pepijn Morshuis. “This goes to show that demand for retail parks remains strong in Poland, especially in small and mid-size cities. This was confirmed by our market analysis of 2021, 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 square meters of leasing area in new retail parks completed.”