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Press release

Trei opens Vendo Park in Jawor

• Vendo Park in Jawor is Trei's 16th retail park in Poland

• The gross leasable area of ​​Vendo Park is almost 6,700 sqm

• Seven out of eleven Vendo Park’s tenants are brands making their debut in Jawor

• This is the first of seven retail park openings that Trei has planned for this year

Warsaw, 27 February 2020 – Trei Real Estate Poland has opened its 16th Vendo Park in Jawor. The total area of ​​the investment is over 7,460 sqm at a total cost of EUR 8.7 mln.

Jawor, a town with a population of over 23,000, is located 25 km south of Legnica in the Lower Silesian region. The newly opened Vendo Park is located at 43 Słowackiego Street and offers 200 parking spaces.

"Our market analysis clearly shows that the retail demand for smaller towns with around 20,000 inhabitants is still underestimated. That’s why Trei's priority is to complete the portfolio of tenants in our retail parks in a way that best meets the needs of the local community. Seven out of eleven Vendo Park’s tenants are making their debut in Jawor. We hope that our retail park will significantly enrich city's shopping experience,” says Jacek Wesołowski, Managing Director at Trei Real Estate Poland.

The 11 stores operating in Vendo Park's 6,700 sqm include Biedronka, Media Expert, Niebieszczanscy butcher's, Furtak pastry shop, with KIK, Empik, Hebe, Action, Martes Sport, Sinsay and Pepco entering the Jawor market for the first time. The Biedronka food discount store, which occupies over 1,100 sqm of retail space, opened its doors in December of last year.

The international Trei Real Estate group, headquartered in Germany, is developing a network of Vendo Parks in Poland and the Czech Republic. In total, 25 parks have already been built, with 16 located in Poland. In 2020, the developer plans to open six more retail parks in the country.

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Media contact:

Maja Michalak

Senior Consultant

Linkleaders Strategy & Communication

tel. +48 517 071 501

maja.michalak@linkleaders.pl

About Trei Real Estate

Trei Real Estate GmbH, with its headquarter in Mülheim an der Ruhr, invests, develops and manages tailor-made and sustainable residential and commercial properties. In the context of its long-term strategy, the wholly-owned subsidiary of the German Tengelmann group focuses on real estate investment in Germany, Poland, the Czech Republic, Slovakia, Portugal and the USA. In addition to its portfolio of approximately EUR 1.1 billion, Trei Real Estate GmbH has a pipeline of property developments totalling approximately EUR 850 million. Under the Vendo Park brand, the company builds and leases retail parks in Poland, the Czech Republic and Slovakia. Trei's current development also includes residential real estate in the US and Europe as well as student apartments built under the Quartillion brand.

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