Investment Company AB Tewox Acquires A Retail Park In Poland

AB Tewox, managed by Lords LB Asset Management, continues to expand its retail real estate portfolio in Poland with the acquisition of a retail park in Konin that was opened in 2023.

The total leasable area of the property is approximately 5,440 sq. m. The seller is Dekada Konin – a development company established by Dekada S.A., an investor operating in the commercial real estate market in Poland, and Xcity Investment Sp. z o.o. from the PKP S.A. Group. The value of the transaction has not been disclosed; the acquisition was financed by Deutsche Pfandbriefbank (pbb).

The retail park is situated in the central part of Konin, integrated with the train station in a high-traffic zone. The property has strong tenants like Biedronka, Pepco, Rossmann, TEDi and others.

Following the acquisition, Tewox manages 9 retail parks in Poland covering approximately 61,000 sq. m of leasable area, with the Polish portfolio value exceeding €100 million. The company's total assets under management exceed €190 million.

Contact person for further information:

Paulius Nevinskas

Manager of the Investment Company

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