Tengelmann is a diversified retail group and one of Germany’s largest family enterprises. The company’s real estate subsidiary, Trei Real Estate, manages and develops a broad portfolio of commercial and residential properties in Germany, Eastern Europe, Portugal and in the USA. In Poland, its main focus is on the dynamically evolving market for retail parks in smaller cities as the market for city-center shopping malls is already close to saturation. With Poland having comparatively many small cities, the potential for growth is almost unlimited.