Turawa Park receives building permit for expansion

23
Oct
2023
News - Turawa Park receives building permit for expansion #expansion #Focus Estate Fund #Poland #retail

by Property Forum | Retail

The Turawa Park shopping centre near Opole, Poland has received a building permit to proceed with the expansion. The upcoming stage of this project will incorporate an extra 10,000 square meters, expanding the total retail area of the shopping centre to 36,000 square meters.


The shopping centre will commence the expansion, with the new section expected to open to customers in the second half of 2024. The expansion will be carried out according to the design by Czora. After the expansion is completed, Focus Estate Fund plans to introduce eco-friendly solutions. One important step will be the installation of photovoltaic panels on the roof after the renovation.

Maxim Shkolnik, General Partner of Focus Estate Fund, comments, "The current expansion will enable us to offer customers an even richer range of options, both in terms of diverse retail concepts and carefully selected brands. We are currently working intensively on selecting new tenants who will help create the most attractive offers for our customers. With a projected 25% increase in tenancy after the expansion, we anticipate that the total annual visitor count will exceed 3,000,000 customers per annum".

The customers can shop in over 60 shops here. These include brands offering clothing, cosmetics, electronics, jewellery, and multimedia, as well as service providers such as travel agencies and florists. Visitors can also enjoy a meal in the dining area and make use of the fitness zone.

Turawa Park shopping centre is a facility that combines the features of a shopping mall and a retail park, managed by BNP Paribas Real Estate Poland. The 36,000 square meters of retail and service space feature 60 shops and service outlets, including a Carrefour hypermarket and an IKEA pick-up point. Customers have 1,400 parking spaces at their disposal.

Key tenants at Turawa Park include Reserved, Mohito, Sinsay, Media Expert, Smyk, Calypso Fitness Club, Action, Pepco, C&A, Martes Sport, KiK, CCC, Super-Pharm, Takko Fashion, Deichmann, Carry, Maxi Zoo, Rossmann, Sephora, Empik. Turawa Park is located near the Opole ring road, providing convenient access for more than 200,000 residents of the city and its surrounding areas.




Latest news


New leases

  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.

New appointments

  • 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.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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