Focus Estate Fund completes retail park renovation in Poland

20
Dec
2019
News - Focus Estate Fund completes retail park renovation in Poland #Focus Estate Fund #Poland #renovation #retail #retail park

by Property Forum | Retail

The redevelopment of the Eden Park retail park in Zgorzelec (Poland) has been completed, commissioning documents have been received and the rental campaign of the updated retail park is in full swing.


Six retailers have signed long-term lease agreements and have already opened their stores. Among them are well-known international and local brands, such as Jysk (1,026 sqm), Action (867 sqm), Chinski Market (1,344 sqm), Meble Lord (874 sqm), Komfort (565 sq. m). Decathlon became the anchor tenant of Eden Park. The grand opening took place on December 19th.

A team from CBRE and Młyn Retail Parks worked on leasing strategy.

Focus Estate Fund acquired the asset in 2018, invested more than €2 million n order to expand the area to 10,000 square meters and change the format from a shopping centre to a retail park.

Eden Park has a good location as part of a large trading cluster in a town directly on the border with Germany (city of Görlitz) and thus generates customers flow from two countries.




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New leases

  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.


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