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First VENDO PARK in Nysa (Poland) opens

Mülheim an der Ruhr, October 15, 2013 –TREI Real Estate GmbH, the real estate subsidiary of the Tengelmann Group, officially opens the first VENDO PARK in Nysa (Poland) on October 18, 2013. With this opening, TREI Real Estate has now implemented its retail park concept in three countries, all within a very short timespan. The successful first opening in Kyjov, Czech Republic, in May 2012 was followed by five further openings in the Czech Republic and Slovakia - and now the first in Poland. “I am pleased that, with VENDO PARK, we have been able to develop a format that can be successfully applied across international borders,” said Karl-Erivan W. Haub, Managing Partner of the Tengelmann Group.

The VENDO PARK in Nysa is the largest so far of the seven retail parks. “The rental space of around 10,000 square metres was fully let well in advance of the opening,” said Krzysztof Kolomyjski, TREI Real Estate Poland’s director of project development and leasing, who was very pleased with the highly positive response of tenants to the VENDO PARK and its location. Nysa, one of the oldest cities in Poland, is located in the southwest of the country. The catchment area for Nysa and surrounding communities encompasses some 60,000 inhabitants. The VENDO PARK is very easy to reach and offers shoppers the convenience of approximately 350 parking spaces. 

A total of 18 retail companies have a presence at the location. Among the mix of tenants, the textile sector is particularly well represented with brands such as H&M, KiK, Takko, Reserved, Sinsay and Cropp Town.

Also represented are attractive vendors such as CCC, Deichmann, Martes Sport and Rossmann, as well as the food discount chain Lidl.

Six more openings are planned for the coming year.

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