Czech investor and developer MY Park, which specializes in retail real estate, has acquired a portfolio of ten modern retail parks operating under the A-Centrum brand from the BHM Group. The acquisition was carried out by the Czech Republic’s Reticulum investment group, of which MY Park is a part.
This move strengthens MY Park’s position in Central and Eastern Europe and marks the beginning of its expansion into the Polish market.
The A-Centrum network consists of ten modern retail parks located across Poland, with a total gross leasable area of over 30,000 square meters and more than 60 retail units. The portfolio is nearly fully leased, with anchor tenants including Pepco, CCC, Rossmann, Martes Sport and KiK.
“From a Czech-Slovak company, we are evolving into a truly European player,” said MY Park Managing Director Lenka Korinkova. “Poland is a natural direction for our expansion – not only due to its geographic proximity but also because of its strong and dynamic economy. We see increasing purchasing power and want to be part of that growth.”
“Poland is our third market after the Czech Republic and Slovakia,” Korinkova continued. “It allows us to diversify our portfolio and offers higher return potential compared to domestic or Western markets. We now operate ten properties here and have a local team in place – a solid foundation for future growth.”
“We are pleased that A-Centrum is being taken over by an experienced player with long-term knowledge of the retail park segment and the capabilities to drive its further development,” said Jan Cerny, Managing Director of BHM Group.
“We took the time to find assets that truly matched our investment strategy – and we succeeded,” added Lukas Matl, Investment Director at Reticulum. “I’m very pleased with the efficient and successful completion of the transaction. My thanks go to all involved partners for their professional collaboration. We’re hungry for more.”
Image source: www.property-forum.eu
