ARTICLES LABELLED WITH TAG Opole

Shanghai Pret Composites, a manufacturer of polymer composites for the automotive and industrial sectors, has signed a lease agreement for a production facility in Opole. The deal, facilitated by Savills Polska, marks the company's first investment in Poland and is part of its broader European expansion strategy.

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.

Ozimska Park, a 17,000 sqm GLA facility built in Opole by Redkom Development and delivered in November 2023, has been sold. The new owner is Newgate Investment, which is successively expanding its portfolio of retail properties. It currently includes 33 projects located in various Polish cities. The price has not been disclosed.

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.

CTP has started construction work on the fifth building within the CTPark Opole industrial and logistics park. The expansion of the complex will accommodate the expansion of the UFI Filters Poland brand, which has so far occupied an area of 6,000 sqm. The Italian manufacturer of filter systems for the automotive industry is doubling its lease space at CTPark Opole and is anticipated to move into the new building in the third quarter of 2024.

CTP has officially opened the new TitanX Engine Cooling factory at CTPark Opole in Poland. TitanX, the global supplier of cooling systems for trucks, has now launched its production operations in the OPO3 building, which is part of the CTPark Opole industrial and logistics complex. In doing so, TitanX has increased the previously occupied space by 18,320 sqm, consolidating all engineering processes in a single investment, which was built-to-suit by CTP.

Titanx Engine Cooling, a supplier of cooling systems for commercial vehicle manufacturers, is ramping up its production and distribution capacity at CTPark Opole in the Silesian region of southwest Poland by leasing an additional 27,000 sqm of space. The new capacity will help meet strong demand from customers in its key German, Polish and Czech markets.

Focus Estate Fund has announced the extension of Turawa Park in Opole. The retail park concept will offer a shopping experience with an emphasis on convenience, accessibility, and a unique mix of merchandise.

Ghelamco has completed the construction of its first three photovoltaic farms in Poland as a part of a program to achieve energy neutrality announced in May this year.

The new facility will be built on the basis of the former Galeria Ozimska, the largest tenant of which was a Tesco hypermarket. In the new facility, 18,000 sqm of leasable area (GLA), a shopping arcade will be built, which will be accompanied by a classic retail park. Scallier was jointly responsible for the project acquisition and the preparation of the commercialization concept. Currently, it supervises the commercialisation and manages the facility. The design stage is underway and preparations for the redevelopment of the complex are underway. The opening of Ozimska Park is planned for August 2023.