Tengelmann Group’s subsidiary TREI Real Estate GmbH opens another speciality retail centre under the “VENDO PARK” brand located in Chełm, Poland

VENDO PARK in Chełm, Poland, opens

Mülheim an der Ruhr, 2014-10-30— /EPR Retail News/ — TREI Real Estate GmbH, the real estate subsidiary of the Tengelmann Group, today opens another speciality retail centre under the “VENDO PARK” brand. The new centre is located in Chełm, Poland. “This is a special day for us, because today we are able to celebrate the opening of the tenth VENDO PARK within the space of just over two years,” said Michael Neervoort, Managing Director of TREI Real Estate, delightedly. The site in Chełm is the company’s third such property in Poland, alongside those in Nysa and Milanówek. The other VENDO PARKS are located in Slovakia and the Czech Republic.

Chełm is close to the city of Lublin, south-east of Warsaw. Around 68,000 people live in the centre’s catchment area. The new VENDO PARK has rental space of approximately 5,000 m² and around 190 parking spaces for customers. As with all other VENDO PARKS before, this property was already fully let before opening. Among the tenants are notable retailers from the non-food sector like KiK, Rossmann, Deichmann and Media Expert. This range of goods for daily needs is complemented by the comprehensive range on offer at a neighbouring hypermarket. Interested customers can find the range of goods on offer from the retailers at VENDO PARK on the home page at www.chelm.vendo-park.com.

TREI Real Estate plans to systematically drive forward its transnational retail park concept in the future. “The high demand shown by our retail partners validates our intentions to implement more projects. This demand is particularly high in Poland, where we see the potential for at least 40 sites,” said Mariusz Rodak, Director of Construction and Administration at TREI Real Estate Poland.

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