LCP Properties opens its 48th retail park in Poland

22
Mar
2024
News - LCP Properties opens its 48th retail park in Poland #LCP Property #M Park #Poland #Pomerania #retail

by Property Forum | Retail

LCP Properties has officially opened its 48th retail park under the M Park brand in Poland, which is also the fifth in the Pomeranian region. M Park Reda has a total of 4,433 sqm of GLA space with 13 tenants. Development works began in mid-May 2023, and the general contractor of the project was STB Budownictwo.


M Park Reda, which consists of two buildings, A and B, is located at Handlowa Street, right next to the existing Lidl store. For the convenience of visitors, there is a parking lot for 95 cars.

LCP's latest investment is not only the 48th Retail Park under the M Park brand in the entire portfolio in Poland, but also, after Rumia, Starszyn, Gdynia and Puck, the fifth M Park in the Pomeranian region. The catchment area of the newest M Park LCP, calculated within 20 minutes of reaching the property, is estimated at over 160,000 customers.

The tenants of M Park Reda include brands such as: TEDi - 933 sqm, Action - 862 sqm, Sinsay - 555 sq m, Rossmann 457 sq m, CCC - 457 sqm, Maxi Zoo - 351 sqm, Hebe 290 sqm, Żabka – 81 sqm, Verona – 66 sqm, local pastry shop Hintzke – 71 sqm and the second pizzeria in the city, Casa di Paolo – 144 sqm.

“Today we are presenting a new, fully commercialized, unique retail park to the residents of Reda and the surrounding area. A facility with a carefully matched offer of tenants, and thus the potential to become a key and favorite shopping place on the local shopping map", commented Magdalena Kowalewska - Kasperowicz, Chief Operating Officer, LCP Properties in Poland, during the opening ceremony. “M Park Reda is another milestone in our journey towards becoming a leader on the Polish retail park market. The experience we gain along the way allows us to better adapt our format to the flexible expectations of tenants as well as customers of our M Parks", she added.

Moreover, in each M Park implemented, emphasis is placed on ecological aspects, including the installation of, among others: electric vehicle charging stations - in the case of Reda, there are four such places. Moreover, the roof in this project was prepared so that photovoltaic panels could be installed on it in the future.




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  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.


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