Jury Awards

Name of company

SIERRA BALMAIN

Managing Director or senior representative in Poland

Aleksandra Mazzini - Chief Operating Officer

Managing Director or senior representative in Poland profile

Aleksandra Mazzini has experience in all sectors of the real estate market, including retail, office, industrial and residential. COO of Sierra Balmain for 3 years. She has grown the company service lines and gained new income streams in mixed use, logistics, retail, debt workout. She was involved in over 1.4bn of commercial real estate transactions. In 2023-2024 she managed to extend Sierra Balmain portfolio for several projects with new clients such as Star Capital, Leoff, and Hansainvest.

Short description of the company

Sierra Balmain provides real estate services in polish 15 cities on 20 assets with a combined value of over €500m and over 900 leases. Sierra Balmain has over 100 employees and 21 years of regional experience having successfully provided service to, and executed transactions with, dozens of Europe’s largest and most well-known investors.
The company offers complete service: from development and transaction advisory, through retail space leasing, to property management and administration, as well as expansion – all with the goal of improving the customer experience and increasing the mall’s turnover to ultimately boost its value. Sierra Balmain is a premier services business that brings together the market-leading CEE specialist real estate asset manager and service provider, Balmain Asset Management with the highly regarded and successful international real estate company, Sonae Sierra.

Key current clients

Stage Capital
Nepi Rockcastle
Tristan Capital Partners
Star Capital Finance
Nrep
Mitiska Reim
Leoff
Skanska
HANSAINVEST
DWS
Cavatina

Key projects your company worked on between Julay 2023 and June 2024

Comprehensive redevelopment of Galeria nad Jeziorem Shopping Centre in Konin – remodeling of 6,236 m2 GLA area, including Carrefour reduction by 1,824 m2, TO increase by 54%, implementation of Pepco, Sinsay and Deichmann. Achievement of 100% occupancy.

Advisory for Star Capital Finance in their acquisition of six Polish shopping centers, a transaction valued at €300m.

Expanding portfolio with new projects and clients, Star Capital, Leoff, and Hansainvest. The company successfully took over:

- three new PM instructions:
Galeria Pomorska Bydgoszcz, 40,000 m2 GLA (Pomorska Investments)
Power Park Opole 22,000 m2 GLA (Leoff)
Carrefour Kraków 12,000 m2 GLA (Leoff)

- three new Leasing instructions:
Noli Mokotów, Residential Building in Warsaw
Lett Lazurowa, Residential Building in Warsaw
Blue City, Shopping Centre in Warsaw, 3,670 m2 GLA to lease

- Leasing and Lease Administration instructions:
CH Osowa(Auchan) – 26,331 m2 GLA (HANSAINVEST)

Adding new PM service: Service Charge Audit

Number, size and type of retail projects under management between July 2023 and June 2024

Centrum Handlowe Borek, Wrocław (33,450 m2 GLA); Galeria Handlowa Turzyn, Szczecin (20,407 m2 GLA); Park Handlowy Arena, Gliwice (19,800 m2 GLA); Galeria Dąbrówka, Katowice (23,100 m2 GLA); Galeria Panorama, Poznań (23,200 m2 GLA); Centrum Galardia, Starachowice (18,000 m2 GLA), Europa Centralna SC, Gliwice (27,300 m2 GLA); Europa Centralna RP, Gliwice (44,100 m2 GLA); Nowy Rynek, Jelenia Góra (24,800 m2 GLA); Alfa Centrum Gdańsk (20,450 m2 GLA); Galeria Pomorska, Bydgoszcz (40,000 m2 GLA); Galeria nad Jeziorem, Konin (22,700 m2 GLA); Shopping Centre Pasaż Łódzki, Łódź (37,500m2 GLA); Shopping Centre Osowa, Gdańsk (15,350 m2 GLA); Auchan, Shopping Centre Osowa, Gdańsk (26,300 m2 GLA); Noli Mokotów, Residential Building in Warsaw; Lett Lazurowa, Residential Building in Warsaw; Blue City Shopping Centre in Warsaw, (3 670 GLA to lease); Power Park Opole (22,000 m2 GLA); Carrefour Cracow (12,000 m2 GLA)

Number, size and type of office projects under management between July 2023 and June 2024

Office building - QUORUM Wroclaw (34,000 m2 GLA); Mixed – use - Rondo1, Warsaw (103, 000 m2 GLA)

Number, size and type of warehouse projects under management between July 2023 and June 2024

Lcube, Rzeszów (25,000m2 GLA)

Please say why you should be considered for the award

Sierra Balmain’s portfolio includes 20 diverse properties in 15 cities, making us a leading shopping center advisor in Poland. Our robust activity, the acquisition of new properties, and industry awards in the first half of this year, further strengthened the company’s position. In April of this year, we took over the management of Galeria Pomorska in Bydgoszcz, a month later, Power Park Opole and in June, Carrefour Kraków. Overall, we are responsible for 450,000 m² of GLA. The acquisition of new properties and the successful strategies have also led to an overall increase in footfall and revenue. This year, we recorded a 4% increase in footfall and an 8% increase in revenue. The occupancy rate at all facilities is 97% now. In addition to SCs, our portfolio includes logistics facilities, retail parks and mixed-use properties. We manage warehouse facilities in Rzeszów and are working with residential, office investors and developers on mixed use schemes, e.g. Cavatina and DWS.

Company website

www. sierrabalmain.com