Sierra Balmain takes over management of Power Park Opole

16
May
2024
News - Sierra Balmain takes over management of Power Park Opole #management #Opole #Poland #retail #Sierra Balmain

by Property Forum | Retail

On May 1st, Sierra Balmain assumed management of the Power Park Opole shopping centre. The company will be responsible for both technical and commercial property management.


The Power Park Opole shopping centre is a two-building complex with a total area of over 22,000 sqm. The larger building houses an Auchan hypermarket, while the smaller one is occupied by the Media Markt and Nexterio chains. The centre also includes an external parking lot with 862 spaces. Power Park Opole is located about 20 minutes from the A4 highway and about 3 km from the centre of Opole. The property is owned by a subsidiary of Leoff Group.

“We greatly appreciate the trust of Leoff Group and we are very pleased to announce, once again this year, that we have been tasked with managing a new facility. We include the Opole retail park in our diverse list of projects, which include multifunctional shopping and entertainment centres, retail parks, convenience centres, logistics parks, and mixed-use buildings. Diversity is something we excel at, thanks to our specialized teams and years of experience in handling a wide range of properties. We will leverage our strengths in our collaboration with Power Park Opole", said Aleksandra Mazzini, Chief Operating Officer.

After taking over management of the Opole retail park, the company’s portfolio now includes 19 properties, with a total area of 450,000 sqm GLA. This is yet another new project the company has added to its management portfolio this year. Just a month ago, the company announced its acquisition of the management of Galeria Pomorska in Bydgoszcz.




Latest news


New leases

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.


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