Tesco has decided to optimize the development of its selected properties across Poland and to sell off excess land.

A total of 35 properties intended for commercial developments and located largely near Tesco’s existing stores will be put up for sale. The objective of this decision is to extend the offer of Tesco’s stores to include additional services.

The lands to be sold total more than 30 hectares with most of them being undeveloped sites adjacent to Tesco’s schemes.

Tesco’s properties will be marketed gradually and sold through a competitive bidding process.

Marek Noetzel, Partner from the Retail Department of Cushman & Wakefield, said: “The properties to be sold comprise largely lands Tesco has secured in its portfolio. Tesco has decided to sell its excess land to enhance the retail attractiveness of its store locations. Tesco is a highly recognized brand in Poland with its stores driving strong footfall.”