A joint venture between Investments CEE and SCF Investment Partner has acquired six Polish retail parks from pan-European real estate investment manager Patron Capital and Trei Real Estate for approximately €110m.
Comprising 68,000sqm of gross leasable area, the acquired portfolio spans six locations across Poland, including Chorzów, Otwock, Skarżysko-Kamienna, Szczecin, Kostrzyn nad Odrą and Zambrów.
The six food-anchored convenience assets were developed as part of a joint venture, established in 2021, between Patron Capital’s Fund VI and Trei.
Wiktor Lesinski, investment director and partner at Patron Capital, said: “The strong fundamentals underpinning the Polish market combined with an ongoing shift towards convenience-driven shopping has meant the retail park sector continues to perform very well.
“The sector’s resilience through economic cycles, supported by a relative undersupply of modern retail formats in regional cities and towns, have created a compelling investment case for Patron. This transaction reflects both the quality of the assets we have developed with Trei and our continued confidence in the Polish retail park sector.�
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