Focus on a zero vacancy in the Czech Republic

Two retail parks in the Czech portfolio of the Focus Estate Fund end their year with zero vacancy. We are talking about Most Retail Park (GLA – 6, 471 sq. m) in the city of Most and Centro Ostrava Retail Park (GLA – 7, 699 sq. m) in the city of Ostrava.

In particular, the new management strategy of Most Retail Park has allowed reducing its vacancy from almost 40% to zero this year. “It was a serious challenge for the team which was effectively brought under control”, – Maxim Shkolnick, Fund’s Partner, says. The signed contract with the anchor tenant Mountfield (1,483 sq. m) for eight years, as well as with the Jump Family (1, 200 sq. m of entertainment area) together allowed filling the last meters of rental area.

“Our main focus was on changing the concept of work with tenants, improving service functionality, attracting additional investment for the concept of the property, and improving transport accessibility for the buyer. The Fund also managed to significantly increase the attractiveness of the retail park location by selling the adjacent land to the Austrian furniture operator XXXLutz, which has already completed the construction of a three-storied furniture store Möbelix”.

Petr Machula, Head of Property Management, Savills Czech and Slovak Republics, comments: “We are pleased to have contributed to the growth potential of Most Retail Park with our full-range of professional property management and letting services. Since being appointed in 2017, we have helped our client continuously increase the net income and overall value of the asset which is now fully occupied.”

As for Centro Ostrava, the Fund’s strategy was mainly in the rotation of tenants, marketing and digital activities. From the moment of acquisition we succeeded in increasing the average lease term from 2.7 years to 5 years. In the nearest future it will allow the Fund to have a stable income regardless of market conditions.

Anchor tenants at Centro Ostrava are Mountfield, Jysk, Okay elektro, AutoDraft and Koberce BRENO; at Most Retail Park – Mountfield, Jump Family, Sportisimo, Breno and Auto Kelly.

It is also worth saying that Focus Estate Fund’s portfolio includes three retail properties in Poland.

Focus Estate Fund is a real estate investment fund with its headquarters in Kyiv (Ukraine), focusing on non-prime commercial real estate in the countries of Central and Eastern Europe. The fund plans to invest in the development of commercial real estate projects of medium format in the most dynamic markets of Eastern Europe in the amount of 50 million euros over the next 2 – 3 years.

Latest News

Stay updated with the latest news, insights, and developments from Focus Estate Management.

See all news

FOCUS ESTATE FUND STRENGTHENS TURAWA PARK AS JYSK OPENS A NEW STORE

Focus Estate Fund continues to execute its value-add investment strategy by strengthening the competitiveness of its retail portfolio through active asset management, redevelopment and strategic leasing.

August 7, 2026

FOCUS ESTATE FUND AND UNICEF POLSKA CREATE SPACES FOR MEANINGFUL SOCIAL IMPACT

Shopping centres today serve not only as places to shop but also as spaces for meeting, conversation and community engagement. This is the foundation of the cooperation between Focus Estate Fund and UNICEF Polska.

July 24, 2026

ROSSMANN RETURNS WITH A REFRESHED STORE AT GALERIA MOSTY

Galeria Mosty in Płock continues to enhance its retail offering and support the ongoing development of its tenants. Following the completion of an extensive refurbishment, the Rossmann store has reopened in a refreshed, more functional space designed to provide an even more comfortable shopping experience.

July 17, 2026

GALERIA MOSTY EXPANDS ITS RETAIL OFFERING WITH THE OPENING OF TASTE ASIA AND LUX NAILS

Galeria Mosty in Płock continues to strengthen its retail offering in response to evolving customer expectations. Two new brands have recently joined the shopping centre – Taste Asia, a restaurant serving Asian cuisine, and Lux Nails, a professional nail salon.

July 16, 2026

NHOOD PROVIDES SPECIALTY LEASING SERVICES FOR 10 SHOPPING CENTERS OWNED BY FOCUS ESTATE FUND

The Nhood team in Poland, a provider of solutions and services for the real estate market will suply Specialty Leasing services for the entire portfolio of shopping centers owned by Focus Estate Fund in Poland.

July 13, 2026

SOSNOWIEC PLAZA EXPANDS ITS RETAIL OFFER WITH THREE NEW TENANTS

Sosnowiec Plaza continues to strengthen its retail offering with the signing of three new lease agreements that will further enhance the shopping experience for customers and reinforce the center’s position as one of the leading retail destinations in the region.

June 12, 2026

FOCUS ESTATE FUND SECURES ADDITIONAL €5 MILLION FINANCING FROM BNP PARIBAS BANK POLSKA FOR TURAWA PARK ASSET

Focus Estate Fund, a private equity real estate investment fund specializing in value-add retail properties across Central and Eastern Europe, has signed an annex to its existing credit agreement with BNP Paribas Bank Polska.

June 10, 2026

MR.DIY TO OPEN AT EDEN RETAIL PARK IN ZGORZELEC ON 13 JUNE

Zgorzelec, Poland – June 2026 – Eden Retail Park continues to strengthen its retail offering with the upcoming opening of MR.DIY, one of the world’s leading home improvement and lifestyle retailers.

June 5, 2026

TURAWA PARK STRENGTHENS ITS TENANT MIX WITH NEW OPENINGS AND EXPANSIONS

Opole, Poland – June 2026 – Turawa Park, one of the leading retail destinations in the Opole region, continues to strengthen its offer with a series of new openings and an expansion agreement with one of its long-standing tenants

June 3, 2026

Portfolio

A carefully curated selection of mid-scale commercial properties across Western and Central Europe, strategically acquired and managed to maximize value and long-term growth.

Discover More

Approach

FOCUSED. STRATEGIC. VALUE—DRIVEN.

Strategic investments in mid-scale retail properties with a disciplined focus on value creation. Our hands-on approach, deep market expertise, and strong local partnerships ensure sustainable growth and optimal returns for our investors.

Discover More