LCP buys retail park in Strzelce Opolskie

London & Cambridge Properties (LCP) has completed the purchase of a retail park in Strzelce Opolskie, Southern Poland. It is the 64th convenience store in the group’s investment portfolio.

The facility offers over 5,000 sqm commercial space and 180 parking spaces. The main tenants are well-known chain brands such as Deichmann, Żabka, Hebe, Neonet, Tedi, 4F and Top Secret as well as local entrepreneurs.

LCP is still focused on acquiring good projects for its portfolio and has already secured financing for the next few transactions that are already underway.

“We have started this year very well. We have already closed several transactions and we have an appetite for more projects. We are constantly looking for attractive locations and we are in the process of approving further investments,” says Katarzyna Szeleźnik, Acquisitions Director at LCP Properties.

LCP currently has €4 billion of assets under ownership and management in the UK, France, Germany and Poland. LCP was founded in 1987 and began investing in Poland in 2005. It specialises in retail parks, SBU warehouses and convenience stores.