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

Ongoing asset repositioning strengthens Turawa Park’s role on the regional retail map.

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. This transformation went beyond a standard refurbishment and involved the creation of new retail space through comprehensive architectural redevelopment, including facade renewal, interior reconfiguration and major technical upgrades. Following the redevelopment and the subsequent leasing phase, Focus Estate Fund has signed new lease agreements and lease extensions totalling over 11,400 m² since its transformation into a modern retail park, bringing Turawa Park to a stabilised occupancy level of approximately 98% and confirming the effectiveness of the ongoing asset management strategy. The total investment amounted to EUR 5.5 million and was delivered in close partnership with BNP Paribas Group, encompassing financing provided by BNP Paribas Bank, as well as project management, leasing and property management services delivered by BNP Paribas Real Estate.

Strong leasing activity and new openings

The leasing momentum observed throughout 2025 has brought several well-known national and international brands to Turawa Park.

Among the newest tenants are:

MR.DIY, one of Asia’s fastest-growing value retailers, occupying nearly 1,000 m², opened in October 2025, offering a wide range of products across 10 categories, including household goods, decoration, stationery, DIY tools, car accessories, toys, pet products, and more.
Kinderplaneta – a 885 m² family entertainment centre, opening in 2026,
Rossmann – relocated to a new 750 m² store (double its previous size) in February 2025,
Drogeria dm622 m², opened in February 2025,
Pan Materac 362 m², opened in July 2025, Guittard & Respect130 m² of premium men’s fashion, QUIOSQUE 137 m² and TUI50 m² opened in December 2025
 
The property offers a gross leasable area (GLA) of approximately 35,000 m², hosting more than 60 tenants and providing around 1,300 parking spaces.
 
Maxim Shkolnick, General Partner at Focus Estate Fund, commented:
Turawa Park is a great example of how our active asset management strategy and focus on turning around our assets bring measurable results. Since acquisition, we have delivered material improvements in the asset’s operating efficiency and tenant performance, achieving a 49% reduction in the Occupancy Cost Ratio while enhancing the overall quality and resilience of the tenant mix. Thanks to the strong and diversified tenant line-up and a solid WAULT of 7.53 years, the centre is steadily progressing toward full occupancy, reflecting tenants’ confidence and the long-term investment quality of the asset. As part of the modernization program, Turawa Park introduced key sustainability upgrades, including rooftop solar panels powering common areas with renewable energy and new EV charging stations supporting the growing number of electric vehicle users in the Opole region. I would like to extend my sincere appreciation to BNP Paribas Real Estate and our colleagues at Focus Estate Fund for their dedication and expertise, which have been instrumental in achieving this milestone.

Fabrice Paumelle, Head of Retail at BNP Paribas Real Estate Poland, comments: „This milestone would not have been possible without close partnership, trust, and courageous decisions. Turawa Park is now an indispensable part of the Opole region map and, with its well-curated tenant mix and recent remodelling, is set to grow in the future and attract an increasing number of customers in the years ahead.

Opole – a Dynamic City with Strong Investment Potential

Opole is located in south-western Poland and has a population of nearly 130,000 residents, while the entire metropolitan area is home to over 300,000 people. The city serves as an important administrative, economic, and educational hub for the region.
The proximity of the A4 motorway ensures excellent transport accessibility, connecting

Opole with major Polish and European cities. A well-developed educational base — including universities and technical schools — attracts investors who value access to a highly skilled workforce. This, in turn, supports the development of modern business service centers and contributes to rising salaries and growing purchasing power among local residents.

Opole also stands out for its strong and stable local economy, reflected in one of the lowest unemployment rates in Poland — just 3.1%. Combined with its strategic location, economic stability, and talent potential, the city is increasingly recognized as one of Poland’s most promising regional centers for investment and business growth.

Focus Estate – a private equity real estate investment fund focusing on non-prime value-added retail properties. The Fund’s strategy is to invest in the existing mid-market convenience retail properties in Europe’s most dynamic markets.
More information: www.focus.fund
 

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