Resi4Rent receives first use permit in Poland

23
Sep
2019
News - Resi4Rent receives first use permit in Poland #Echo Investment #investment #Poland #residential #Wroclaw

by Property Forum | Residential

Resi4Rent, the first institutional privately-run platform of apartments for rent in Poland, has been granted a use permit to its first building at Rychtalska street in Wrocław. Fitting-out works of apartments are in progress and soon residents will move into the building.


The building at Rychtalska street offers 302 premises. Each will be finished, equipped with kitchen furniture, and furnished - on request.

“Commissioning of the first project is a breakthrough moment for our company. We are starting to operate in full swing. Soon, we will hand over the keys to the clients to comfortable apartments in a great location, which they had rented on stable, predictable terms and market conditions. The interest of our clients in the possibility of living in our first building confirms that the long-term demand for rental apartments in Poland is very high. This is not a surprise for us, because more and more city residents do not want to be tied with a specific place, and at the same time they want to live comfortably and close to the most important points in the city”, says Sławomir Imianowski, CEO of Resi4Rent.

The building at Rychtalska street will contain 81 one-room apartments, 148 apartments with a bedroom and a living room, 41 with two bedrooms and a living room, as well as 32 apartments with three bedrooms and a living room.

“We offer clients lease agreements for at least 12 months. The apartments have bathrooms and kitchens arranged. At a small monthly fee, apartments can be completely furnished, and on special request - equipped according to individual tastes,” adds Sławomir Imianowski.

By the end of this year, Resi4Rent will be able to put to use and start renting the project at Wodna street in Łódź (220 apartments), and next year - another project in Wrocław, Kępa Mieszczańska (270 apartments) and in Warsaw Brewery (450 apartments). As part of an annual lease agreement, it will be possible to change an apartment to a larger, smaller or in a different location, what may be interesting to employees working on shorter projects, who move to a different city every few months.

Resi4Rent is an institutional platform of mid-market apartments, dedicated exclusively to long-term rental. The company currently has seven projects under construction with 2,100 premises and about 4,000 units under advanced planning. Ultimately, in 2-3 years the platform is to manage 5,000 – 7,000 apartments in the largest Polish cities. Resi4Rent is owned by one of the world's leading investment managers (70% shares) and Echo Investment (30%).




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • 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.

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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