OKAM City, located at ul. Jagiellońska 88 in Warsaw, the former Żerań FSO car factory, has a new property manager. The owner and developer OKAM Capital instructed international real estate advisory firm Savills to provide property management for the site.

Marcin Michalec, CEO of OKAM Capital talked to Property Forum about the current situation in the residential market in Poland, plans of a large mixed-use investment in Warsaw and shared his forecasts for the PRS sector.

LOCONI Intermodal S.A. has leased almost 2,000 sqm of office and warehouse space and nearly 80,000 sqm of space for transport on the premises of the railway cargo terminal within an OKAM project located at Jagiellońska Street, in the Warsaw district of Żerań. Walter Herz, the leading agent for the commercialisation of the project, represented the owner in the lease process.

Walter Herz company has been selected as the exclusive agent responsible for commercialization of warehouse, production and office space in OKAM’s investment located on the site of the former car factory at Jagiellońska Street in Warsaw.

Real estate developer OKAM has purchased 62 ha of post-industrial land in Żerań in Warsaw for an undisclosed amount. This is one of the largest transactions of this type on the real estate market, not only in the capital, but also throughout Poland.

OKAM Global Commercial, a new commercial real estate company founded by residential developer OKAM Capital, has appointed Savills as property manager for its recently acquired office building at 16 Lindleya Street in Warsaw.