Ghelamco Poland has announced the sale of Prochownia Łomianki retail park. The new buyer of the building is LCP Properties Group.
Prochownia Łomianki is located on Warszawska Street, i.e. the main commercial street in Łomianki. The retail park developed by Ghelamco is a 5,500 square meter facility with 21 commercial spaces. Apart from a diverse commercial offer and an excellent location, one of the assets of Prochownia Łomianki is a parking lot for 150 cars and a design allowing for entering the individual premises directly from the outside.
The main tenants of Prochownia Łomianki include Tedi, Rossman, Lidl, Papiernik by Empik, Neonet, KROSS, Wierzejki and ZooZoo.pl. The transaction included a part of the building with a total area of 3,000 sqm (excluding the Lidl store).
“Prochownia Łomianki was a very successful and much-needed project on the local market, which continues to be very popular among the city’s residents. We have now sold the property to LCP Properties, which is in line with our investment strategy. I am convinced that the retail park in the hands of the new owner will remain an attractive place for everyday shopping,” says Jeroen van der Toolen, Managing Director CEE, Ghelamco.
“As an experienced investor, we include only the best properties in our portfolio, and without a doubt, Prochownia Łomianki is one of them. These types of facilities will remain our focus even in times of economic uncertainty, as they offer a guarantee of quality and represent a safe investment. Prochownia Łomianki is the 40th retail park in our portfolio and the 82th property in Poland. By the end of the year, we will actively seek to acquire more retail projects and are open to new proposals,” says Krystian Modrzejewski, Group Operations Director, LCP Properties Poland.
LCP Properties is an active player in the retail park sector in Poland. The company is expanding its portfolio by acquiring new facilities and realising investments under the development formula. At the beginning of 2022, the total area of LCP’s properties exceeded 360,000 sqm and their value reached €460 million. LCP invests for the long term, focusing on stable growth in property value through active management and profits maximisation.
