ARTICLES LABELLED WITH TAG Corestate

13
Jan
2020

Corestate and Bain to invest in micro living assets in Poland

by Property Forum

Investment manager Corestate Capital Holding S.A. has agreed on a new partnership with Bain Capital Credit. Bain Capital Credit is a leading global credit specialist with approximately €41 billion in assets under management. The agreement establishes a financing partnership in Poland within the micro living sector, specifically to co-invest in properties and convert them into student housing. The partnership has the initial capability to develop up to €500 million GAV. The agreement also includes asset and property management contracts.

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Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

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Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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