Refurbished Turawa Park opens with new tenant-mix

06
Dec
2024
News - Refurbished Turawa Park opens with new tenant-mix #Focus Estate Fund #Opole #Poland #refurbishment #retail

by Property Forum | Retail

Turawa Park shopping centre near Opole (southern Poland), owned by Focus Estate Fund since 2022, is steadily focusing on development and modernisation to meet the expectations of both customers and tenants. As part of the reconstruction, approximately 9,000 sqm GLA of space has been redesigned and enhanced. The project’s total cost was €5.5 million, with financing partially secured through BNP Paribas Bank.


Construction work began in full after obtaining building permits at the end of last year, and the results are already visible. Several new brands have recently joined Turawa Park, including New Yorker, Forpepe House, and TEDi. Long-time tenants Martes Sport and Media Expert have relocated to new spaces in the retail park. Martes Sport has expanded its footprint, highlighting its growing popularity and commitment to Turawa Park. Rossmann has signed a new lease, doubling the size of its store. In early 2025, one of the most anticipated stores in the region, DM, will open at Turawa Park.

Maxim Shkolnik, General Partner at Focus Estate Fund, emphasized: “Turawa Park has undergone a significant transformation, becoming a vibrant, modern hub that caters to the evolving needs of our customers and the local community. This development creates a space that is not only ideal for today’s shoppers but also built to accommodate future growth, making it a premier investment opportunity. Sustainability has been a key priority throughout this process. With solar panels installed on the roof, we’ve improved energy efficiency and reduced our environmental footprint. Turawa Park is quickly becoming a destination where wellness, lifestyle, and community converge, offering a meaningful experience for all.”

Fabrice Paumelle, Head of Retail at BNP Paribas Real Estate Poland, comments on the project: “This is another remodelling and extension strategy that came to life thanks to the engagement of the multi-skilled BNP Paribas Real Estate teams. It is fulfilling to see how the initial convenience centre turned into a power destination for the Opole region customers. It was all possible thanks to trust & cross-cooperation with the Focus Estate Fund team.”




Latest news


New leases

  • Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.
  • Nowy Styl, a European leader in office furniture solutions, has signed a lease extension at the Oxygen Park office complex. The tenant occupies approximately 550 sqm within the project.
  • iLogic, an official distributor of Delphi Tools, has leased 3,400 sqm of modern space at MLP Wrocław. This transaction completes the commercialisation of the 66,000 sqm warehouse complex. BNP Paribas Real Estate Poland supported the tenant during the negotiation and lease agreement process.

New appointments

  • 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.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.


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