BLD Poland acquires land for second Warsaw residential project

11
Jun
2025
News - BLD Poland acquires land for second Warsaw residential project #AG Capital #BLD Poland #development #investment #land #Poland #residential

by Property Forum | Residential

BLD Poland, part of Bulgarian investment group AG Capital, has acquired a plot in Warsaw’s Białołęka district for a new residential project that will include nearly 90 housing units. The site is located near Głębocka Street, close to parks, schools, and the Targówek retail centre.


This marks BLD’s second investment in the Polish capital. In January 2025, the company entered the market with the purchase of a plot in Saska Kępa, where construction of the Ivory apartment development began in March.

“We see Poland as a stable market with long-term investment potential,” said Aleksandra Kerner-Kruk of BLD Poland. “Our strategy is to deliver modern, high-quality homes designed for comfort and functionality.”

The project in Białołęka is expected to break ground later this year, with completion scheduled for the first half of 2027. Walter Herz advised BLD on the transaction. “Despite the competitive landscape, investor interest in Warsaw remains strong,” noted Damian Karkosiński of Walter Herz. “Białołęka continues to attract residential developers due to its rapid growth.”




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New leases

  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.
  • Sports Direct has leased 1,700 sqm in XOPark Sofia for its first Bulgarian store, in a deal brokered by CBRE.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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