This acquisition is part of Newgate Investment’s ongoing expansion of its retail portfolio. The company previously acquired Ozimska Park Opole (over 17,000 sq m GLA), Comfy Park Bielik in Bielsko-Biała (over 17,000 sq m GLA), and Smart Park Zgorzelec (over 5,000 sq m GLA).
"We are consistently expanding our portfolio of commercial properties. We focus on acquiring facilities that hold a dominant position in local markets or are part of key commercial destinations in their respective cities. These properties will maintain their competitive advantage for the long term by meeting the needs of local communities with essential goods and services," says Robert Dudziński, Director of Asset Management at Newgate Investment. "In 2025, we plan to invest around EUR 100 million in acquiring new facilities for our portfolio," he adds.
The occupancy rate of the company's Polish portfolio exceeds 99.7%, significantly higher than the Polish market average of 94%*.
"This high occupancy level results from both effective investment decisions and strong interest from retail chains in well-located areas. It is important to note that in 2023, the volume of new retail space entering the market in the form of retail parks exceeded that of shopping centers by 218%. Retail parks and convenience centers now account for 28% of the total modern retail space in Poland, which totals 15.5 million square meters*," emphasizes Robert Dudziński. "We believe that the Polish market is still far from saturation for this retail format, so we will continue our active presence in Poland in the coming years," he concludes.
*Newgate Investment Information Memorandum, PwC, March 2025
NEWGATE INVESTMENT is a specialized firm focused on creating value in retail properties for investors. The company combines the expertise of top-tier professionals in investment, asset, and property management with specialists in commercialization, finance, and project management. Additionally, their broad expertise includes rental and lease management.
With over 10 years of experience in Polish local markets, including the management of retail parks and the redevelopment of centrally located commercial properties, the company possesses unique knowledge that allows it to deliver significant added value for all stakeholders: investors, tenants, and local communities.
The company’s portfolio currently includes 34 retail properties with a total area exceeding 181,000 square meters (GLA), situated in various cities across Poland.
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