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

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.


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