BHM Group sells A-Centrum retail parks to Reticulum

Prague-based BHM Group has finalized the sale of its A-Centrum retail park portfolio in Poland to Czech investment firm Reticulum for an undisclosed price.

A Centrum portfolio

Reticulum’s real estate and development unit, My Park, owns, co-owns, and manages shopping centres in the Czech Republic and Slovakia.
This sale marks the successful conclusion of BHM Group's investment in the portfolio, which saw them grow the network, achieve near-full occupancy, and secure leases with major retailers.
The A-Centrum portfolio consists of ten well-located retail parks across Poland, totalling 30,000 m² of leasable space and featuring prominent tenants like Pepco, Rossmann, CCC, and Kik.
Jan Černý, managing director of BHM Group, said: "We're pleased to transfer A-Centrum to an experienced player with long-term retail park expertise and the know-how to drive further growth."
Lenka Kořínková, CEO of MY Park, commented: "Expanding into Poland serves as a stepping stone for our further retail activities in Central Europe—and we're excited about it. We believe in the strength and stability of Poland's economy and anticipate growing purchasing power among its population. We're ready to be part of this growth."
Miroslav Tabernaus, BHM Group investment manager, said: "We delivered our investment plan: completing two fully leased expansions and renegotiating leases. Our goals from day one were to stabilize, optimize, and strengthen this retail park chain in its local markets."
Michal Jun, BHM Group head of Asset & Property Management, added: "We actively managed the portfolio through lease mix optimization, introducing new tenants – including exclusives. In some locations, these centers are the only points of sale for major brands, which gives the retail parks a competitive advantage."
Since purchasing the retail centres in 2022, BHM Group has invested in improvements, notably constructing and fully leasing new buildings in Koło and Środa Wielkopolska. They also enhanced infrastructure by adding electric vehicle charging stations and integrating modern technology within the retail spaces. Additionally, BHM Group secured lease extensions with key tenants, ensuring a stable long-term income stream.