Generali and SCF Acquire Portfolio of Polish Retail Parks for Nearly €110 Million

18 June 2026

Generali Fond realit, managed by Generali Investments CEE, and Czech investment group SCF have completed the acquisition of a portfolio of six retail parks in Poland in a transaction valued at close to €110 million.

The portfolio comprises approximately 70,000 sqm of leasable space located across several regional markets in Poland. The assets were acquired from Patron Capital and Trei Real Estate, which developed the properties through a joint venture established in 2021.

The retail parks are anchored by grocery operators, a segment that continues to attract investor interest due to its ability to generate regular customer traffic and maintain stable occupancy levels. Key tenants across the portfolio include major food retailers such as Lidl, Aldi and Biedronka, alongside operators from the drugstore, household goods, pharmacy, DIY and pet supplies sectors.

The acquisition expands the retail holdings of both investors and strengthens their presence in the Polish market, one of the largest consumer markets in Central and Eastern Europe.

According to Marek Bečička, Head of Real Assets at Generali Investments CEE, the transaction aligns with the fund’s strategy of building a diversified property portfolio with a focus on assets that generate stable income. He noted that retail parks continue to benefit from regular customer traffic and a tenant structure centred on everyday consumer spending.

For SCF, the acquisition represents a further step in expanding its activities in Poland. Josef Malíř, CEO and owner of SCF, said the company views Poland as a key market due to its large consumer base, rising purchasing power and opportunities in regional retail locations.

Retail parks have become one of the most active segments of the Polish retail property market in recent years. Developers and investors have increasingly focused on smaller cities and regional centres, where modern retail provision remains below levels seen in major metropolitan areas.

The format has also demonstrated resilience during periods of economic uncertainty, supported by tenants providing essential goods and services. As a result, retail parks have attracted growing interest from institutional investors seeking assets with stable cash flows and diversified tenant bases.

The latest acquisition further underlines investor confidence in Poland’s retail park sector and reflects continued demand for income-producing retail assets across Central and Eastern Europe.

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