Kajima completes first modular built-to-rent project in Poland

21
Jun
2022
News - Kajima completes first modular built-to-rent project in Poland #Gdańsk #Kajima #Poland #PRS #residential #student housing

by Property Forum | Residential

Kajima Properties has completed the development of one of Gdansk’s first built-to-rent schemes. A joint venture with local investor Tonsa and Olivia Business Centre, it marks Kajima’s first built-to-rent project in Poland and delivers a range of units from studios to three-bedroom family apartments. The building has been incorporated within the new @Home operational platform and has quick access to central Gdańsk, Olivia Business Centre and the rest of the Tri City area. The 3,185 sqm building has been fully let.


The project utilises an off-site modular construction process that halved the development period and provided significant advantages in specification and quality control. The technologies used to deliver the building lowered the amount of construction waste and its carbon footprint by 11% and will allow occupants to significantly reduce their energy consumption.

Each apartment is fully equipped to a high specification by Design Anatomy, an award-winning Polish design studio. The building benefits from a fully furnished roof terrace with open-air cinema and yoga facilities, an internal social room, professional laundry, ground floor gardens, basement car parking and secure bicycle storage. The façade and common areas of @Home Gdańsk has been decorated with graphics by Seikon, a well-known local muralist, painter & sculptor.

Kajima is an active and long-standing investor in the Polish living space. Since 2019, Kajima has rapidly expanded the Student Depot platform into the largest purpose-built student accommodation provider in Poland. Currently, the platform operates 2,500 student beds across key university cities and has another 1,500 under construction.

Stephen Young, Investment Manager at Kajima Properties Europe said: “Having developed and managed numerous multifamily schemes globally, we are proud to continue building our European BTR portfolio alongside our partners here in Poland. As the demand for high-quality rental housing continues to grow across Europe, we see considerable growth opportunities for the future."




New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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