M Core Expands Presence in Radom with Acquisition of Rock Park Radom
"Expanding our M Park portfolio in Poland remains a top strategic priority for M Core. We are actively growing through both new developments and acquisitions. Having delivered seven new retail parks recently, we are excited to further strengthen our position by acquiring this well-located and well-balanced property in Radom. The addition of M Park Radom II enhances our ability to serve the local community with a diverse and high-quality retail offering,"
Rock Park to be rebranded as M Park Radom II, strengthening M Core’s footprint in the city in Poland.
M Core, the Pan-European commercial property collective, has further expanded its presence in Poland with the acquisition of Rock Park Radom from Rock Capital. The property, which has been operating for nearly two years, will undergo a rebranding process to become M Park Radom II, marking the second retail park under the M Park brand in the city. Avison Young represented Rock Capital in the sale transaction.
The newly acquired retail park, encompassing 3,400 sqm of GLA with six fully leased units, is located at the intersection of Wandy Malczewskiej and Przytycka streets in northwestern Radom. Its tenants include leading retailers such as Stokrotka, Pepco, Dealz, TEDi, Rossmann, and Kakadu pet store. A parking lot with 70 spaces and electric vehicle charging stations further enhances convenience for visitors.
M Core continues to prioritise ESG initiatives across its portfolio, and as part of this commitment, LCP, an M Core entity, will seek to obtain BREEAM certification for the property at a level of at least "Very Good."
The rebranding of Rock Park Radom into M Park Radom II aligns with M Core’s strategic vision of strengthening its presence in key regional markets. The first M Park in Radom, located on Stanisława Żółkiewskiego Street, has been a successful part of the city’s retail landscape for years, offering over 19,000 sqm of fully leased retail space with 20 tenants. With this latest acquisition, M Core now provides nearly 23,000 sqm of retail space in Radom.
"Expanding our M Park portfolio in Poland remains a top strategic priority for M Core. We are actively growing through both new developments and acquisitions. Having delivered seven new retail parks recently, we are excited to further strengthen our position by acquiring this well-located and well-balanced property in Radom. The addition of M Park Radom II enhances our ability to serve the local community with a diverse and high-quality retail offering," said Katarzyna Szeleźnik, Acquisition & Leasing Director at LCP Properties, part of M Core in Poland.
M Core continues to build a robust portfolio of modern and sustainable retail parks, reinforcing its leadership position in Poland’s commercial real estate market.
"Expanding our M Park portfolio in Poland remains a top strategic priority for M Core. We are actively growing through both new developments and acquisitions. Having delivered seven new retail parks recently, we are excited to further strengthen our position by acquiring this well-located and well-balanced property in Radom. The addition of M Park Radom II enhances our ability to serve the local community with a diverse and high-quality retail offering,"
