Focus Estate Fund has acquired three shopping centres – Sosnowiec plaza, Ruda Szlenska Plaza, Rybnik Plaza – in Poland with a total leasable area (GLA) of almost 46 thousand square metres in the first quarter of 2025, the press service of the Fund reports.
It is specified that the agreement was finalised with legal support from Czababañski & Gałuszyñski (C&G), financial advice from KKLW and technical due diligence conducted by Gleeds.
“This acquisition reflects our confidence in the Polish retail market and our commitment to a value-added approach through strategic asset management. We see huge potential in Central and Eastern Europe and are committed to creating sustainable, purposeful spaces that resonate with both tenants and consumers. By integrating wellness, health, community services and lifestyle-oriented experiences, while prioritising ESG principles such as energy efficiency, we unlock additional value in all our assets, ensuring they remain relevant and attractive in an ever-changing market,” Focus Estate Fund General Partner Maxim Shkolnik was quoted as saying in the press release.
The acquired shopping centres are located in key urban areas of Katowice. They have a strong tenant mix, including leading brands such as Carrefour, Stokrotka, H&M, CCC, Sephora, Rossmann and Reserved. The centres have strong catchment areas with access to 2.6 million residents within a 40-minute drive.
Focus Estate-a private property investment fund focused on non-primary value-added retail properties. The fund’s strategy is to invest in existing mid-price range retail properties in Europe’s most dynamic markets.