LCP Group to build retail park in Rawa Mazowiecka

14
Oct
2022
News - LCP Group to build retail park in Rawa Mazowiecka #LCP Properties #Poland #retail #retail park

by Property Forum | Retail

LCP Group has received a building permit for another retail park in Rawa Mazowiecka. This is the second project of this type of there owned by the company.


The first M Park project, located at 3a Konstytucji 3 Maja Avenue in Rawa was opened in 2020. At the time, it offered 2,500 sqm of GLA to its customers. The main tenants of the facility from the beginning are chain brands such as CCC, KiK, Martes Sport and Dealz. The retail park provides parking for 45 cars for the clients.

LCP has decided to develop another M Park II project in Rawa Mazowiecka. The project is located 5 minutes away from the first development, which was opened 2 years earlier. With the addition of more well-known brands, M Park will provide shoppers with the opportunity to shop at new stores that will complement the existing offer with services from the home appliances, sports, non-food discount and DIY sectors. The new retail park will provide nearly 4,000 sqm of retail space, where 5 new tenants will offer their products. Among the main brands, there are Media Expert, Tedi, Pepco, KS Sport and grocery store operator Lidl. M Park will provide more than 100 parking spaces for its customers, with direct access to the Lidl store and the other tenants' areas.

"Another project like M Park, which we are opening in Rawa Mazowiecka, perfectly illustrates the market demand in Poland for modern retail space in medium-sized cities. Well-known chain brands with their own requirements for space quality are still eager to open stores in such facilities, often operating together with local businesses. Such projects allow them to fine-tune their offerings to optimally meet the expectations of the local residents. Not without significance is the tenants' support for e-commerce activities, which allows online customers to finalize transactions in the shopping complex", says Justyna Malysko, Senior Leasing Manager at LCP Properties.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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