Patron Capital and Trei Real Estate have completed the sale of a portfolio of six retail parks in Poland to a joint venture between Generali Investments CEE and SCF Investment Partners SICAV. The transaction value is approximately €110 million.
The portfolio comprises around 68,000 sqm of gross leasable area and includes retail parks located in Chorzów, Otwock, Skarżysko-Kamienna, Szczecin, Kostrzyn nad Odrą and Zambrów. All six properties are anchored by grocery retailers and focus on serving daily shopping needs in their respective catchment areas.
The assets were developed through a joint venture established in 2021 between Patron Capital’s Fund VI and Trei Real Estate. The partnership focused on the development of retail parks in regional Polish markets, targeting locations with demand for modern retail space and convenient access for local consumers.
The acquisition expands the retail portfolio of the purchasing joint venture formed by Generali Investments CEE and SCF Investment Partners SICAV, both active investors in the Central and Eastern European real estate market.
According to Patron Capital, retail parks have continued to attract investor interest due to stable occupier demand and their focus on everyday retail services. The format has demonstrated resilience in recent years as consumers increasingly favour accessible shopping destinations located close to residential areas.
Wiktor Lesinski, Investment Director and Partner at Patron Capital, said the transaction reflects both the performance of the assets and the continued attractiveness of the Polish retail park market. He noted that convenience-oriented retail schemes continue to benefit from changing consumer habits and a relatively limited supply of modern retail space in some regional locations.
Poland remains one of the largest retail investment markets in Central and Eastern Europe, with retail parks accounting for an increasing share of new retail development activity. Developers and investors continue to focus on regional cities and smaller urban centres, where demand for modern retail formats remains strong and development opportunities are still available.
The transaction represents one of the larger retail park portfolio sales in Poland this year and underlines continued investor appetite for income-producing retail assets with established tenant bases and exposure to everyday consumer spending.