Image: 3D Format

Tenth Vendo Park in Poland opens: Trei Real Estate Poland makes second investment in Łódź

Trei Real Estate GmbH is expanding its Polish investment portfolio in the retail sector. The real estate company, part of the German Tengelmann Group, has opened its tenth Polish retail park under the Vendo Park brand in Łódź, its second investment in the city.

The total cost of building Vendo Park at Gojawiczyńska Street in Łódź was approximately EUR 4.4 million. A similar facility on Przybyszewskiego Street in Widzew has been thriving for the past year.

The new retail park offers a varied retailer structure and brand range over a total area of 2,900 sq m. In addition to a Rossmann store, one of the largest drugstore chains in Europe, Vendo Park also has shops offering clothing, textiles and household items. Among the tenants are such brands as KiK (textiles), Pepco, Action (non-food, decor, home and interior furnishings, clothes), and also a bakery, Piekarenka. Trei Real Estate started construction of Vendo Park at Gojawiczyńska Street in Łódź in March. The project was developed on an 8,800 sq m plot.

Pepijn Morshuis, CEO of Trei Real Estate, has announced that this is not the end of the company’s investment in the market. “We are planning further commercial projects in Łódź and other Polish cities, which we will implement under the Vendo Park brand. The format of the retail parks has appealed exceptionally to our tenants and their customers. We are increasingly signing lease contracts at the early stages of construction of our projects. In the case of Łódź, we had commercialized over 90% of Vendo Park several months before opening,” says Morshuis.

Trei intends to manage the facility in the long term. Currently, the investor is working on another ten projects in Poland, which it will build in smaller cities including Płock, Władysławowo, Łask and Solec Kujawski. These investments are part of the company’s planned expansion in the Polish market.

Morshuis continues: “Over the next few years, we intend to expand our portfolio to fifty retail parks. First of all, we are focusing on developing the Vendo Park network in smaller cities of over 15,000 inhabitants. We believe that the commercial offer in these cities is still underestimated. The business model adopted by us, however, does not mean that we are giving up on investing in big cities such as Łódź or Kraków.”.

Under the Vendo Park brand Trei Real Estate plans, builds and manages commercial properties in Poland, the Czech Republic and Slovakia. The company is the owner of 19 retail parks in Europe. The first Vendo Park in Poland opened in 2013 in Nysa. Today, Vendo Park are in Chełm, Milanówek, Mińsk Mazowiecki, Skierniewice, Łódź, Świdnica, Dąbrowa Górnicza, and recently Chodzież. In addition to developing retail parks, Trei Real Estate Poland, the local subsidiary of Trei, manages more than 100 commercial properties occupied by the Biedronka supermarket chain.

Vendo Parks are one-storey retail and service parks equipped with car parks, located in easily accessible locations. They are usually built in close proximity to a large discount supermarket. They are often referred to as convenience centres, because they are designed in such a way as to provide customers maximum convenience of use.


Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Disney magic comes back to Queensgate shopping centre

Lendlease and Invesco Real Estate, the global real estate investment manager, have today announced the launch of a new 4,000 sq ft pop-up Disney Store at Queensgate shopping centre.

Placewise Digital and Boostcom Announce Strategic Merger

PlaceWise Digital and Boostcom announced, the merger of the two companies, bringing together the world’s most comprehensive suite of digital services and solutions available to the global shopping center industry. The strategic focus for both companies has been, and will remain - uniting the physical and digital shopping experiences to the benefit of consumers and shopping centers alike.

Capital & Regional steps up guest experience with the first Ofsted-approved Tinies Creche in a UK shopping centre

Capital & Regional (C&R), the UK’s leading owner and manager of community retail centres, is stepping up its work on community shopping initiatives by announcing an innovative collaboration with a crèche operator in The Marlowes shopping centre in Hemel Hempstead. The partnership is with renowned Ofsted-approved childcare and creche provider Tinies Childcare – with the new facility opening later this month.

#LoveNotLandfill Presents the Most Beautiful Pre-Loved Fashion in Seven Dials, London

Fashionistas take note: 14-17th November 2019, eco-fashion campaign #LoveNotLandfill will be championing pre-loved fashion at a unique Seven Dials, London pop-up store featuring collections from charity shops curated by some of fashion’s most style-savvy influencers.

Constantin Wiesmann is new Director of Leasing at Unibail-Rodamco-Westfield Germany

On November 1, 2019 Constantin Wiesmann (35) will take over responsibility for the leasing department of Unibail-Rodamco-Westfield Germany.

wagamama to double its footprint at London Designer Outlet

Located within Wembley Park, the £3bn, 85-acre urban transformation being delivered by Quintain.