ARTICLES LABELLED WITH TAG Focus Estate Fund

23
Sep
2019

Focus Estate Fund repositions shopping centre in Poland

by Property Forum

During its reconstruction, Eden Park Handlowy in Zgorzelec, Poland has changed its format from a shopping centre into a retail park with the total GLA increasing to 10,000 sqm. At the moment the park is actively filling its leasing areas. Agreements have been signed with several companies recently.

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30
May
2019

Focus Estate Fund plans to strengthen its CEE portfolio

by Property Forum

Investment fund Focus Estate Fund has set the goal to expand the geography of its presence in Central and Eastern Europe. In the next two years, the Fund plans to more than double its portfolio by strengthening its position in the niche of medium-sized commercial real estate in Poland and the Czech Republic, as well as by entering the Slovak market.

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Latest news

New leases

The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.

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