Eleventh VENDO PARK opens its doorsPrint

Opening of VENDO PARK in Vlašim in the Czech Republic

Mülheim an der Ruhr, 26 November 2015 – TREI Real Estate GmbH, the real estate subsidiary of the Tengelmann Group, is today opening an additional retail store under the "VENDO PARK" brand in Vlašim, Czech Republic. "We began construction this June, and just five months later we are in a position to hand over our eleventh VENDO PARK to the tenants," enthuses Pepijn Morshuis, Managing Director of TREI Real Estate. "Our successful concept is based on a balanced mix of national and international trading companies in combination with a busy food retailer."
In Jablonec nad Nisou, Kyjov, Mohelnice and Roudnice nad Labem in the Czech Republic TREI Real Estate operates additional retail centres of this kind. In addition, there are three locations in Poland and Slovakia.

Vlašim is around 60 km to the south east of Prague and has approximately 11,700 inhabitants. An additional 14,000 inhabitants live in the wider catchment area, which has a radius of 15 km. The new VENDO PARK has a rental area of more than 2400 m². Over 50 parking spaces are available to the customers. As with all previous VENDO PARKS, it was fully let even before it opened. Amongst its customers are notable non-food retailers such as dm, Sportisimo, Deichmann, Super Zoo, Pepco and Wiky. This offering of everyday goods is complemented by the comprehensive range of a neighbouring TESCO supermarket. Interested customers can also find the range of the retailers of VENDO PARK on the homepage at www.vlasim.vendo-park.com.

In the future TREI Real Estate is planning to advance its international retail park concept. "The high popularity amongst trading partners confirms our plans to implement additional projects. In Poland in particular we see potential for at least 40 locations," says Michael Tauwinkl, Manager of Project Development of TREI Real Estate Poland and the Czech Republic.