4F is growing and extending its lease agreement in Brama Mazur for five more years
There will be even more sports in Brama Mazur! 4F – the leading Polish manufacturer of sportswear and sporting accessories, has extended its lease and decided to expand its store. Ełk’s Brama Mazur is fully leased and enjoys high footfall.
"We did not hesitate to extend our lease agreement and expand our store in Brama Mazur because it is a unique and vibrant shopping centre,” said Małgorztata Gabryś, Investment and Development Director at 4F. "The store’s excellent results have led us to make the decision to increase the premises from 160 to 225 sqm. Thanks to the larger store, shopping with us will be even easier and more enjoyable than before. The popularity of the 4F brand in Poland is constantly growing, and with it, so is the demand for our products."
"We are very pleased with 4F’s decision to extend the lease and expand its store in Brama Mazur,” said Anna Polak, Leasing Directorat Master Management Group. "Brama Mazur is an attractive shopping and meeting place, which is family and child-friendly. Our tenants also appreciate this, as evidenced by the fact that Brama Mazur invariably remains 100 percent commercialized”.
In addition to retail sales, the 4F brand is present in 33 countries through an extensive wholesale network and its products are available in over 300 multi-brand stores. Over the next five years, the company plans to gradually increase its retail sales in new markets, particularly in Central and Eastern Europe.
Brama Mazur, in Ełk, with a total GLA 17 000 sqm and parking for about 500 cars, is one of the most popular shopping centres in the region. Master Management Group (MMG) is an investor, developer, leasing agent and asset manager of retail and office property located throughout Poland. The company has over a decade of experience in the market and a team of experts who have worked for international development, consulting and property management companies, as well as investment funds. As a result, MMG successfully implements independent projects and cooperates with leading developers and investors.
The company has been a local partner for the world’s largest institutional funds and property investment organizations. On behalf of these global leaders MMG sources local retail property investments and provides ongoing support for the full scope of asset and property management services from acquisition to exit.MMG has cooperated with such partners as: Blackstone, Marcol Group, Europa Capital and CPI.
Currently MMG manages more than 100,000 sqm of retail space including: Brama Mazur in Ełk, Galeria Niwa in Oświęcim as well as shopping centres in Poznań, Szczecin, Lubin, Kutno, Ciechanów, Piekary Śląskie and Józefosław.