Greenberg Traurig Advised Patron Capital and Trei Real Estate on the Sale of the Vendo Parks Retail Park Portfolio

WARSAW - 18 June 2026 - Greenberg Traurig advised Patron Capital and Trei Real Estate, on the sale of a portfolio of six retail parks operating under the Vendo Park brand.

The transaction was valued at about EUR 110 million. The buyer was a joint venture formed by Star Capital Finance and Generali.

Greenberg Traurig assisted Patron and Trei from the beginning of the joint venture, through land acquisitions and financing, the development process, commercialization and ongoing management, to the exit from the investment.

The Greenberg Traurig team was led by Partner Kamil Majewski. The transaction team included Associates Marcin Gralewski and Hanna Żaboklicka. Senior Associate Iga Czerniak and Junior Associate Weronika Kopeć coordinated the financing aspects of the transaction.

The team that supported the project at its various stages also included: Partner Robert Gago, Senior Associates Paulina Walczewska, Natalia Skomorowska and Mateusz Rogulski, Associates Paweł Fortuna, Justyna Kozik, Maciej Smaczyński and Junior Associate Przemysław Susoł.

Established in 1999, Patron Capital is one of Europe's leading value-add and opportunistic real estate investment managers. Patron represents approximately EUR 5.5 billion of capital raised across funds and related co-investments, investing in property, corporate operating entities whose value is primarily supported by property assets, and distressed debt and credit-related businesses. Since inception, Patron has undertaken more than 200 transactions across 117 investments and programs involving over 9 million sqm in 17 countries. Patron's investors include sovereign wealth funds, universities, major institutions and private foundations located throughout North America, Europe, Asia and the Middle East. The main investment adviser to the funds is Patron Capital Advisers LLP, based in London.

Trei Real Estate GmbH, headquartered in Düsseldorf, is an international developer and asset holder of residential and retail real estate and part of the Tengelmann group of companies. It focuses on real estate investments and development projects in Germany, Poland, and the United States.