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Another 4 transaction in LCP portfolio

December was a good month for the LCP Group and despite the uncertainty on the market, it allowed the Investor to finalize the purchase of another 4 properties for its portfolio.

The end of the year was successful for LCP and thus allowed to close the entire year 2020 with 12 new projects that complement the currently owned properties. Thus, the value of the transaction last year exceeded EUR 50 million.

In December, LCP purchased 4 retail parks. Two projects in Elbląg with a total usable area of ​​over 4,500 sq m. and another two in central Poland - (Rembertów and Konstancin) with a total area of ​​over 3,000 sq m.

The main tenants in the above-mentioned projects include, among others such companies as Rossmann, Pepco, KiK, Martes Sport, RTV EURO AGD, Żabka, Gzella and other, also local entrepreneurs.

It is interesting that the purchase of the above-mentioned projects was carried out within 2 months.On the 23rd of December 2020 it was also possible to secure a preliminary agreement for another retail park, which will open in the first quarter of 2021. 

In the past year, the number of properties purchased by LCP Properties reached 12, and the total volume of investments in this period exceeded EUR 50 million.

2020 was a challenging year for us, but at the same time the company did not slow down its dynamics. LCP shareholders consider our market as one of the important foundations for the entire LCP Group. We are constantly on the lookout for attractive locations and are in the process of approving further properties for purchase in 2021," emphasises Krystian Modrzejewski, Country Manager of LCP Properites.

In the upcoming year 2021,  LCP will continue to be an active player in the domestic market and has now already secured investment financing of around €100 million. 

The year 2021 looks very interesting for LCP Properties and the company is optimistic about the future. All the time it actively looks for investment opportunities on the Polish market. It is reflected both by secured funds and already signed preliminary agreements.

 

 


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Main reception

+48 22 314 69 07

office@lcp.pl

 

Retail Parks space to lease

+48 691 505 506

najem@lcp.pl

 

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+48 691 499 066

kbiedrzycka@lcp.pl