JDP is the exclusive legal advisor to Trei Real Estate on the sale of a portfolio of 36 Vendo Park retail parks to a joint venture between Ares Management and Slate Asset Management. The value of the transaction exceeds EUR 300 million. This is the largest sale of a retail park portfolio on the Polish market in terms of the number of properties sold in an asset deal.
The property portfolio comprises 36 newly built and fully leased convenience retail parks, strategically located in major urban agglomerations in Poland. The properties have a total of over 400 tenants.
The team involved in this project includes lawyers from JDP’s Real Estate practice: Maciej Chrzan, LL.M. (Partner) and Michał Urbański (Counsel), Daria Gromotka (Associate), Dominik Grzegorzewski (Associate) and Zofia Kozioł (Associate); as well as Dr Bogusław Lackoroński (Of Counsel) and Krzysztof Brant (Senior Associate), supported by Katarzyna Kowalska from the support team.
– I would like to thank the entire team involved in this project, as well as our client Trei Real Estate for their trust and our long-standing cooperation on projects that are changing the real estate market in Poland – said Maciej Chrzan, Partner, Head of the Real Estate Team at JDP.
The transaction is expected to close by 31 December 2025, subject to obtaining standard and regulatory approvals. Ares and Slate were advised by Rymarz Zdort Maruta, CBRE, PwC and Gleeds.
For more information about the transaction, click here: