Mosaic World debuts in Poland's PRS market

02
Oct
2023
News - Mosaic World debuts in Poland's PRS market #Mosaic World #Novaform #Poland #Poznań #PRS #residential

by Property Forum | Residential

Mosaic World signed a purchase-construction agreement with Novaform Polska, the Polish subsidiary of Novaform Holding and part of KlokGroep, for the purchase and construction of 98 rental flats and 138 built parking spaces in the Nove Olendry project in the Naramowice district in Poznań, Poland.


Construction of the flats will start on 1st of November this year, after which the buildings will be handed over turnkey and unfurnished to Mosaic World in November 2025.

With this purchase, Mosaic World is spreading its wings in Poland, now operating in nine European countries. According to B-Right Urban Living director Olaf Terpstra, Mosaic World had already had the desire to invest in Poland for some time and with this purchase, that process has gained momentum.

With this agreement, Novaform and Mosaic World, long-time partners in the Netherlands, express their desire to work together in other Novaform projects as well. "The Polish market is still fairly unexplored to date, but the need for rental housing as part of a healthy housing market is growing", Terpstra stated.




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