LCP buys next 4 retail parks
23:36
December was a good month for the LCP Group and despite the uncertainty on the market, it allowed the Investor to finalize the purchase of another four properties for its portfolio. In 2020, LCP Properties purchased over 12 projects, and the value of this year's transactions exceeded €50 million.
Last month, LCP purchased four retail parks. Two projects in Elbląg with a total usable area of more than 4,500 sqm, another two in central Poland in Rembertów and Konstancin with a total area of over 3,000 sqm. The main tenants in the above projects include, among others, such companies as Rossmann, Pepco, KiK, Martes Sport, RTV EURO AGD, Żabka, Gzella, and others, also local entrepreneurs. It is interesting that the purchase of these projects was carried out within two months. On December 23, 2020, LCP also managed to secure another retail park, which will open in the first quarter of 2021, with a preliminary agreement.
“2020 was a challenging year for us, but at the same time the company did not slow down. LCP shareholders consider our market to be one of the important foundations for the entire LCP Group. We are constantly looking for attractive locations and we are in the process of approving more properties for purchase in 2021,” Krystian Modrzejewski, Country Manager LCP Properties, emphasized
In the coming 2021. LCP will continue to be an active player in the domestic market and has already secured investment financing of €150 million.
(WBJ)
