A golden age for retail parks
Things look rather different in the case of retail parks. A kind of golden age is underway for the development of this type of retail centre. Much of this is down to the fact that consumers now have a greater appreciation for shopping locations in convenient locations – they want to have everything they need within a short walk of where they live.
Furthermore, retail parks are also embracing the development of e-commerce, since they are ideal points for picking up online purchases. Trei is in the process of closing a large number of transactions.
We are finalising land purchase for future projects every day. We now have a total of 34 buildings – both under construction and completed. We have recently completed our 14th Vendo Park, in Łask and we will be launching work on another retail park in Kobyłka before the end of the year.
An open door to redefining the commercial real estate market in Poland
An open door to redefining the commercial real estate market in Poland
The investment slowdown in the commercial real estate sector that we have been observing in Poland for over a year is primarily the result of the tightening of monetary policy arou ...
Walter Herz
The retail sector is not slowing down
The retail sector is not slowing down
The pandemic, conflict in Ukraine as well as inflation and high interest rates that recent years have brought have reshaped the real estate market around the world. The global slow ...
Walter Herz
Retail parks – current opportunities
Retail parks – current opportunities
Over the last few years, retail parks in Poland were mostly developed in smaller formats, around 5,000 sqm, either adding to the existing retail landscape or introducing modern ret ...
Avison Young