ARTICLES LABELLED WITH TAG LCP Properties

LCP Properties has acquired the Rock Park Radom, retail park from the seller Rock Capital. The property, with a total of 3,400 sqm of GLA and six tenants, is fully leased. The price has not been disclosed. Soon, the retail park will undergo LCP's rebranding program, officially becoming part of the M Park brand. This will be the second M Park in the city of Radom.

LCP Properties is strengthening its collaboration with Refield. This partnership was confirmed with the announcement of the project's acquisition in Zwoleń (eastern Poland) on the day of its official opening. The sale agreement was based on a model in which Refield was responsible for both the construction and commercialization of the property. Pasaż Zwoleński, now officially opened as M Park Zwoleń, offers nearly 5,000 sqm of GLA with eight tenants. The project boasts a 100% occupancy rate. The value of the transaction has not been disclosed. 

LCP Properties, a developer of the small warehouse space (SBU) warehouses under the Multipark brand, has received another building permit for a project of this type, this time in Gdańsk. Multipark Gdańsk in the first stage has over 5,400 sqm of GLA with eighteen modules. The project is scheduled to open in the fourth quarter of 2024.

LCP Properties has finalised from P.A. NOVA the purchase of the retail park's second stage in Ząbkowice Śląskie. Thus, over 1,700 sqm of GLA was added to the previous 9,755 sqm of GLA, which was created in the first stage of the investment, purchased by LCP from the same developer in February 2023. 

M Core is continuing its strategy of developing SBU (Small Business Unit) warehouses under its Multipark brand. The company has recently signed two projects in Poland, in Zabrze and Bydgoszcz. 

LCP Properties has completed the first phase of its ESG strategy aimed at making electric car charging stations widely available on its properties. Thanks to the signed agreement with Pure City, a total of 80 such devices will be installed directly at M Parks. The first of these will be set up at the M Parks currently under construction in Reda, Iława and Łochów. 

James Fife, CEO of LCP Properties Poland has talked to Property Forum about the company`s investment plans, the impact of the high interest rates and the entrance into the warehouse market.

LCP Properties has begun the process of structuring its portfolio with the official launch of the M Park brand. As part of the first stage of the rebranding, LCP has selected 20 out of a total of more than 95 of its existing projects in the country for changes. For three of them, previously operating under the Echo name - in Tarnów, Radom and Piotrków Trybunalski - the process has just been completed. The first stage of image changes within the LCP portfolio will last until the end of this year. 

With a €10 million investment, M Core has made another commitment to its portfolio in Poland through the announcement of the Świdnik M Park development. At 7,700 ssqm, the retail park will be the largest development for M Core in Poland and the first created under the M Park brand, built by LCP Properties — one of the five property entities that sits under the M Core umbrella.

LCP Properties has finalised the purchase of two retail projects to be built in Łochów and Iława, as well as an existing retail park in Ząbkowice Śląskie.