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TREI Real Estate opens VENDO PARKS in Slovakia and the Czech Republic

Mülheim an der Ruhr, August 21, 2014 – TREI Real Estate GmbH, the real estate arm of the Tengelmann Group, today opens two new speciality retail centres under the brand name “VENDO PARK” in Galanta (Slovakia) and Mohelnice (Czech Republic) with 3,000 to 4,000 m² of rental space. With the new store openings, the company continues to systematically drive its international retail park concept and once again presents itself as an expert real estate partner for the retail industry.

The “VENDO PARK” brand stands for high quality, particularly in terms of location and design. “We are pleased with the continued high level of interest among our retail partners. The two new VENDO PARKS have an outstanding mix of tenants,” explains Michael Neervoort, Managing Director of TREI Real Estate. Tenants include top retailers from the non-food segment, such as KiK, TEDi, Deichmann, Pepco, dm, Wiky, Planeo and Sportisimo. Kaufland supermarkets located near each store also guarantee customers an extensive choice of groceries. “The rental spaces of our VENDO PARKS were booked out at both sites well in advance of the opening. Unfortunately we were unable to provide a space for all prospective tenants,” says Michael Tauwinkl, Managing Director of Projekt Development and Leasing at TREI Real Estate Czech Republic.

With the two new openings in Galanta and Mohelnice, TREI Real Estate now operates a total of nine VENDO PARKS in Poland, the Czech Republic and Slovakia.

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