FOCUS ESTATE FUND EXTENDS LEASE AGREEMENTS WITH PEPCO AND DEICHMANN AT GALERIA AWANGARDA

Focus Estate Fund, an investor and asset manager of retail properties across Europe, announces the extension of lease agreements with key tenants Pepco and Deichmann at Galeria Awangarda in Bartoszyce, Poland. Under the renewed agreements, Pepco will continue operating its store of 535.82 sqm, while Deichmann occupies a unit of 450 sqm. The extensions reaffirm the strong market position of the asset and its continued attractiveness to leading retail brands.

A stable convenience retail asset

Galeria Awangarda is a modern convenience shopping center located in Bartoszyce, operating since 2016. The scheme offers approximately 6,000 sqm of gross leasable area (GLA) and comprises around 15 retail units, providing a convenient shopping destination for local residents.
The tenant mix includes well-known brands such as Biedronka, Rossmann, JYSK, KiK, Pepco and Deichmann, ensuring a complementary and diversified retail offer.

Pepco – a leading value retailer

Pepco is one of the fastest-growing discount retail chains in Europe, offering clothing and homeware at affordable prices. The brand operates over 1,000 stores in Poland and several thousand locations across Europe.
Pepco’s presence at Galeria Awangarda strengthens the value retail segment and attracts a broad customer base seeking quality products at competitive prices.

Deichmann – a strong footwear brand

Deichmann is the largest footwear retailer in Europe, offering a wide range of products for women, men and children, including casual, sports and formal shoes. The company has a strong presence across Europe and operates hundreds of stores in Poland.
Its store at Galeria Awangarda provides customers with access to a broad and affordable footwear assortment.

Long-term cooperation strategy

The lease extensions with Pepco and Deichmann are in line with Focus Estate Fund’s strategy of creating value through long-term tenant partnerships and active asset management of well-performing, mid-sized retail schemes.

– “The continued cooperation with well-established brands such as Pepco and Deichmann confirms the attractiveness of Galeria Awangarda and the effectiveness of our asset management strategy. We remain focused on long-term value creation and further enhancing the tenant mix” – said Maxim Shkolnick, General Partner, Focus Estate Fund.

Latest News

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

See all news

FOCUS ESTATE FUND EXTENDS LEASE AGREEMENTS WITH PEPCO AND DEICHMANN AT GALERIA AWANGARDA

Focus Estate Fund, an investor and asset manager of retail properties across Europe, announces the extension of lease agreements with key tenants Pepco and Deichmann at Galeria Awangarda in Bartoszyce, Poland.

April 17, 2026

FOCUS ESTATE FUND STRENGTHENS RETAIL PORTFOLIO WITH NEW LEASE AGREEMENT AT SOSNOWIEC PLAZA

Focus Estate Fund announces the signing of a new lease agreement with HalfPrice, Europe’s leading off-price retailer, for approximately 2,000 sqm of modern retail space at Sosnowiec Plaza in Sosnowiec. The transaction marks a further strengthening of the centre’s retail offering and reflects continued confidence in the resilience and growth potential of the Polish consumer market.

March 2, 2026

MR.DIY TO OPEN A STORE AT GALERIA SANDECJA IN NOWY SĄCZ

Galeria Sandecja in Nowy Sącz, owned by Focus Fund, will welcome a new international tenant – MR.DIY. A lease agreement for a 745 sq m retail unit was signed recently, with the store scheduled to open in the second quarter of 2026.

February 23, 2026

FOCUS ESTATE FUND SECURES NEW SENIOR FINANCING WITH PEKAO FOR TRILOGY PORTFOLIO

FOCUS Estate Fund, a leading European real estate asset management company, is pleased to announce the successful closing of a new senior financing facility of EUR 10.5 million with Bank Pekao S.A.

February 20, 2026

Focus Estate Fund Successfully Turns Around the Turawa Park Shopping Centre in Opole

Focus Estate Fund continues to successfully turn around Turawa Park in Opole — a multi-format shopping centre comprising a gallery, an existing retail park and a former DIY box, which has been redeveloped into a modern retail park

January 12, 2026

FOCUS ESTATE FUND FULLY REPAYS ATRIUM LOAN AND SECURES NEW SENIOR FINANCING FOR FERIO LEGNICA

FOCUS Estate Fund, one of a leading European real estate asset management companies, has fully repaid its vendor loan from G City Europe Group (ex-Atrium Group), demonstrating strong financial discipline and operational efficiency

January 8, 2026

Focus Estate Fund and ChargeEuropa to Install EV Charging Stations Across Portfolio of Polish Shopping Centers

Focus Estate Fund today announcing a comprehensive plan to introduce modern electric vehicle (EV) charging infrastructure across its retail portfolio, further strengthening its ESG strategy and commitment to sustainability.

October 13, 2025

Focus Estate Fund Expands European Retail Portfolio with Acquisition of BariMax Shopping Village in Bari, Italy

Focus Estate Fund, an investment fund specializing in value-add non-prime convenience retail assets across UK, Western and Central Europe, is pleased to announce the acquisition of BariMax Shopping Village, a retail park located in the northern part of Bari city, Italy.

September 17, 2025

Focus Estate Fund fills two anchor voids at Island Green, Wrexham

Focus Estate Fund has secured lettings on two of the largest vacant units at Island Green Shopping Centre in Wrexham — the former Wilko and Asda Living stores — marking a major step forward in repositioning the scheme.

July 22, 2025

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