M Core has opened another retail park in Łochów near Warsaw. It's the 46th retail park under M Park brand in Poland.
Launched on October 26th, Łochów M Park has officially opened, with eight tenants serving a catchment area of over 105,000 people. Located 70km from Warsaw, this retail development provides 2,610 sqm of retail space, housing large regional tenants such as Rossmann, Dealz, Pepco, and the Stokrotka grocery store.
Łochów M Park has been constructed at Wolności 19 Street, just 400 m from the intersection of two main roads in the area, Aleja Łochowska and Aleja Węgrowska, connecting the retail park with customers from neighbouring housing estates, single-family homes and service buildings.
As part of a group-wide environmental commitment, M Core has installed four EV charging stations allocated for electric cars in the Łochów car park, which provides spaces for 54 cars.
The opening of Łochów will be followed by a further two M Parks opening in the coming months. M Core’s 47th M Park will launch later this December in Iława, with a large leasable area of over 5,300 sqm. The 48th M Park, located in Reda, will then be completed in January 2024. This will offer 4,400 sqm of commercial space housing 13 tenants, many of which are already confirmed.
At the opening of Łochów, Magdalena Kowalewska, COO of LCP Properties in Poland, part of M Core, commented: “At the beginning of the investment process, whether that is the construction of a retail park or an acquisition in a given location, our primary goal is to adapt our offering to meet the needs of local residents and support the surrounding community. As we open the 46th retail park under the M Park brand in Poland, which is also our 15th retail property in the Masovian Voivodeship region, I am confident that we are giving the people of Łochów and the surrounding town a retail offering that will serve them well".
The latest M Park developments will add to M Core’s growing portfolio of over 95 retail, office, and warehouse properties in Poland. With an estimated value of over €500 million, M Core continues to invest in long-term acquisitions, focusing on sustainable growth in property value through active management and profit maximisation.
