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

Sosnowiec Plaza, opened in 2007, spans over 13,000 sqm of gross leasable area (GLA) and offers a balanced mix of retail, services, food and leisure in a strategic urban location, well connected to public transport and benefiting from strong local footfall. The addition of HalfPrice further enhances the centre’s tenant mix and reinforces its position as a convenient and attractive destination for local communities.

HalfPrice is an off-price retail concept within the MODIVO Group and has been expanding dynamically since its launch in Poland in 2021. Today, the brand operates more than 220 stores across several European markets, with Poland representing a key market in its continued expansion strategy. The concept offers a broad assortment of branded products across multiple lifestyle categories, delivered through a value-oriented retail model that has proven attractive to customers across the region.
 
Recent leasing milestones

In addition to this agreement, Focus Estate Fund highlights recent leasing successes within its Polish retail portfolio:

– In December 2025, HalfPrice opened an 801 sqm store at Rybnik Plaza.
– At the same centre, E-Obuwie launched a 415.49 sqm unit, further strengthening the overall retail mix.

Both openings at Rybnik Plaza represent important milestones in expanding the presence of strong, high-performing retail concepts in strategic regional locations and demonstrate the continued attractiveness of well-established regional shopping centres.

“We are very pleased to welcome HalfPrice to Sosnowiec Plaza and to further expand our cooperation with the fastest-growing off-price retailer in Central Europe,” says Maxim Shkolnick, General Partner at Focus Estate Fund. “The brand’s rapid expansion to more than 220 stores across Europe in just a few years clearly demonstrates the strength of its concept and its strong customer appeal. From our perspective, partnering with a retailer that is scaling at such a pace adds tangible value to our centres and supports long-term footfall growth. The 1,924 sqm lease represents an important addition to the centre and contributes to the ongoing optimisation of its tenant structure. Across our portfolio, in 2025 alone we have signed lease agreements for approximately 28,295 sqm, all within our well-established retail assets. At the same time, we are maintaining a strong overall occupancy level of 95%, which underlines the stability and resilience of our portfolio.
This agreement not only strengthens the tenant mix at Sosnowiec Plaza but also aligns with our strategy of working with resilient retail formats and experienced operators, ultimately driving sustainable performance and long-term asset value across our portfolio,” concludes Maxim Shkolnick.

Focus Estate Fund continues to pursue strategic leasing and active asset management initiatives across its retail portfolio to enhance value, optimise tenant mix and respond to evolving consumer trends.

About HalfPrice
HalfPrice is an off-price retail concept operating within the MODIVO Group. Since its launch in 2021, the brand has experienced rapid growth and currently operates more than 220 stores across several European countries. The concept is built around offering branded products across multiple categories within a value-driven retail format and continues to expand both in Poland and internationally.

About Focus Estate Fund
Focus Estate Fund is a private equity real estate investment fund specialising in mid-scale, value-added retail properties across European markets. The fund focuses on convenience-oriented shopping centres serving local communities and adapting to evolving consumer preferences. Its portfolio includes key retail assets in Poland and other EU markets, supported by an active leasing and asset management strategy aimed at delivering stable occupancy levels and long-term value creation.