Przemysław Orchowicz, Country Manager, Heimstaden Poland has talked to Property Forum about the current forecasts for the PRS market, overregulation risk and investment plans.
Heimstaden has introduced 284 new, fully equipped apartments to the Warsaw rental market, as part of the second stage of the Bokserska project. The first tenants will move in March of 2023.
Heimstaden has offered the Czech government 500 apartments for Ukrainian families. At the same time, the company is trying to equip the flats, which can accommodate up to 2,000 people, with furniture. At the same time, it is also trying to take care of the families of its Ukrainian employees, the company announced in response to the current war situation in Ukraine.
Heimstaden continues to invest in its portfolio in the Czech Republic. This year it will spend almost two and a half billion crowns on thermal insulation, new projects and repairs, the company announced.
Leach & McGuire have signed an agreement to start work on two buildings that Heimstaden purchased in Warsaw earlier in 2021 from Marvipol, specifically ‘Unique Tower’ on ul. Grzybowska comprising 136 apartments and ‘Moko’ (Botanika) on ul. Bokserska featuring 477 residential units.
Jason Drennan, Investment Director at Heimstaden talked to Property Forum about the rapidly developing PRS market in Poland, surging residential prices and plans for the upcoming months.
Swedish company Heimstaden is entering the Prague rental market. It has acquired the first 164 units under construction in Prague's Holešovice district as part of the Pergamenka project from developer FINEP.
Heimstaden subsidiary, Heimstaden Bostad AB, is to buy a newly-built residential portfolio with 2,496 homes in Poland for €305 million (SEK 3.1 billion) from leading Polish residential development company, Budimex.
The third-largest provider of rental housing in Europe, Swedish company Heimstaden plans to almost double its investments into the refurbishment and expansion of its Czech portfolio.
The Lux Med Group will join the ranks of the Fabryczna Office Park complex being developed by the Inter-Bud Group as part of the Fabryczna City project - an omni-functional investment being built on Aleja Pokoju in Krakow. The lease agreement between Lux Med Group and Inter-Bud Group was signed for over 1.7 thousand sqm.
The group of tenants of Dekada Nysa (southwestern Poland) is expanding. Family Pets & Zoo will occupy a 258 sqm showroom, where it will offer a wide selection of food, supplements for dogs and cats, cosmetics, toys and many other pet products.
Flexion Mobile Plc's Hungarian branch has chosen traditional long-term office leasing over previously used serviced office rental and is moving to the ZenGarden office building in Budapest.
New appointments
Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.
Dominika Bombik has taken up the position of Marketing and Communications Director at BPI Real Estate Poland. She will be responsible for the creation and implementation of marketing activities for the residential property product portfolio and the developer's image on the Polish market.
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