Investment Company AB Tewox acquires a retail park in Poland

Core Viewpoint - AB Tewox is expanding its retail real estate portfolio in Poland through the acquisition of a retail park in Konin, which was opened in 2023 [1][2]. Group 1: Acquisition Details - The total leasable area of the newly acquired retail park is approximately 5,440 sq. m [2]. - The seller of the property is Dekada Konin, a development company associated with Dekada S.A. and Xcity Investment Sp. z o.o. [2]. - The transaction value has not been disclosed, and the acquisition was financed by Deutsche Pfandbriefbank (pbb) [2]. Group 2: Property Characteristics - The retail park is located in the central part of Konin, integrated with the train station in a high-traffic area [3]. - The property features strong tenants including Biedronka, Pepco, Rossmann, and TEDi [3]. Group 3: Portfolio Overview - Following this acquisition, Tewox now manages a total of 9 retail parks in Poland, covering approximately 61,000 sq. m of leasable area [3]. - The value of Tewox's Polish portfolio exceeds €100 million [3]. - The company's total assets under management are over €190 million [3].