Portfolio Poland

137 Wojska Polskiego, Piotrków Trybunalski


137 Wojska Polskiego, Piotrków Trybunalski

A neighbourhood shopping centre constructed in 2009 to the north-west of the city centre, anchored by a Biedronka supermarket.


Address: 137 Wojska Polskiego, Piotrkow Trybunalski
Category: Shopping centre
Site: Piotrków Trybunalski is located in the central part of Poland near to Łódź. The city has approximately 75,000 inhabitants. The city’s main competitive advantage is its location in central Poland on the main transport artery providing fast connections to the country’s major towns and cities. With recent improvements in the national road and transport infrastructure the city has become one of the most important distribution locations in Poland. The property is located on Wojska Polskiego Street, the main road connecting Piotrkow city centre with the north-western peripheries. Its neighbourhood comprises residential areas to the north and business facilities to the south. Because of its prominent location on the main road and its distinctive signage, the retail centre is highly visible. Extensive new residential developments are under way adjoining the site to north-west which will add to the centre’s catchment area.
Property: Freehold
Time of origin: 2009
Plot size (m2): 10.650
Surface (m2): 2.642
Occupancy rate: 96%
Parking spaces: 95
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The dividend policy of the Fund is to aim to pay out ca. 35% of the annual operational profit as dividend. This annual distribution may be replaced or supplemented by specific share buyback programmes as approved by shareholders in a General Meeting.

Arcona Property Fund counts the following substantial companies amongst its tenants: