LCP buys 5,000 sqm retail park in Strzelce Opolskie

30
Apr
2021
News - LCP buys 5,000 sqm retail park in Strzelce Opolskie #convenience store #LCP Properties #Poland #retail

by Property Forum | Investment

London & Cambridge Properties (LCP) has completed the purchase of a retail park in Strzelce Opolskie, Southern Poland. It is already the 64th convenince store in the group's investment portfolio.


The project is located between ul. Marka Prawego and Plac Targowy and is a direct neighbour of the city market. It is a facility offering over 5,000 sqm commercial space and 180 parking spaces. The main tenants are well-known chain brands such as Deichmann, Żabka, Hebe, Neonet, Tedi, 4F and Top Secret as well as local entrepreneurs.

LCP is still focused on acquiring good projects for its portfolio and has already secured financing for the next few transactions that are already underway.

“We have started this year very well. We have already closed several transactions and we have an appetite for more projects. We are constantly looking for attractive locations and we are in the process of approving further investments", says Katarzyna Szeleźnik, Acquisitions Director at LCP Properties.

LCP currently has €4 billion of assets under ownership and management in the UK, France, Germany and Poland. LCP was founded in 1987 and began investing in Poland in 2005. It specialises in retail parks, SBU warehouses and convenience stores.




Latest news


New leases

  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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