ARTICLES LABELLED WITH TAG PRS

News Now is the time of retail parks
24
Oct
2024

Now is the time of retail parks

by Michał Poręcki
Jacek Wesołowski, Managing Director of Trei Real Estate Poland, has talked to Property Forum about the rising popularity of retail parks in Polish cities, the expansion in the PRS market and the challenges for the coming years.
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News Echo Investment reports net profit of over €3.5 million
19
Sep
2024

Echo Investment reports net profit of over €3.5 million

by Property Forum
In the first half of 2024, Echo Investment Group successfully implemented its growth strategy, continuing construction projects, selling nearly 900 apartments, and debuting in the private student housing segment. The Group's total assets at the end of June exceeded PLN 6.5 billion (ca. €1.5 billion) with cash reserves surpassing PLN 523 million (ca. €121 million).
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News Young Poles are ready for frequent moving
06
May
2024

Young Poles are ready for frequent moving

by Property Forum
Professional mobility, internal migration, issues related to adaptation in a new country, search for flexible housing solutions while waiting for better availability of mortgage loans - these are the current challenges for the rental market in Poland. Is the PRS sector responding to these new social phenomena, and how? Resi4Rent presented the results of its latest survey.
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News Sellers' and buyers' price expectations move closer in Poland
26
Apr
2024

Sellers' and buyers' price expectations move closer in Poland

by Property Forum
In 2024, the total investment volume in Poland amounted to €364 million, marking the weakest result for the first quarter in recent years. Interestingly, 25% of the invested capital comes from Polish investors. The warehouse sector remains the leader, accounting for 38% of the total investment volume. Unchanged, the vast majority of office transactions took place in Warsaw, while commercial investments were dominated by retail parks. Additionally, the market also saw two transactions in the residential sector in Warsaw, and two hotels were sold in seaside tourist cities, says Paulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young.
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News Zeigteist Asset Management in Poland names new MD
08
Apr
2024

Zeigteist Asset Management in Poland names new MD

by Property Forum
Tomasz Dąbrowski has been promoted to the position of Managing Director of Zeitgeist Asset Management in Poland. As of 1 April, he is responsible for the development of PRS products and the implementation of multi-phase mixed-use projects.
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News Van der Vorm makes another PRS purchase in Warsaw
01
Feb
2024

Van der Vorm makes another PRS purchase in Warsaw

by Property Forum
Van der Vorm Group, a Dutch investment fund, has completed the acquisition of 119 turnkey flats located on Siennicka Street in the Praga Południe district of Warsaw. The price has not been disclosed.
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News LivUp to build more PRS apartments in Warsaw
29
Jan
2024

LivUp to build more PRS apartments in Warsaw

by Property Forum
LivUp, a company operating in the Polish Private Rented Sector, has closed 2023 with a portfolio of over 750 residential units in Warsaw and Kraków. In the past year, the company entered a new market - and opened its first project in Kraków, moved its headquarters, and finalized a rebranding process. LivUp is not slowing down at all. In 2024, the company plans to introduce an additional project with 160 flats on the Warsaw market. The goal for the next three years is to increase the portfolio to 2,000 residential units.
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News Heimstaden secures €47.2 million loan from Santander Bank Polska
06
Dec
2023

Heimstaden secures €47.2 million loan from Santander Bank Polska

by Property Forum
Heimstaden Poland has obtained a loan of €47.2 million from Santander Bank Polska. The funds will be used to refinance the company's first two projects: Bokserska and Grzybowska, which are completed and fully leased. A total of 566 high-quality apartments for rent were built as part of both investments, the company announced on LinkedIn.
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News Echo Investment Group stays on stable growth path
28
Nov
2023

Echo Investment Group stays on stable growth path

by Property Forum
In the third quarter of 2023, the total value of the Echo Investment Group`s assets increased to PLN 6.2 billion, while its further development is supported by a high level of cash amounting to PLN 627 million.
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News The market has redefined what an office building should be
22
Nov
2023

The market has redefined what an office building should be

by Michał Poręcki
Witold Zatoński, Founder of Syrena Real Estate, talked to Property Forum about the profitability of revitalizing older office buildings, the challenges related to such projects and the development of the PRS market in Poland.
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Latest news


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.
  • Oliver Derksen is joining iO Partners Romania as the new Head of Office Advisory, having over 16 years of expertise in office leasing and business development.
  • GTC has announced the appointment of Sebastian Junghänel to the Management Board as Chief Operating Officer, effective 2 September 2025. With more than 18 years of experience in the real estate sector across Germany and CEE, Sebastian brings strong expertise in asset management, project development, ESG and innovation. His career includes co-founding ZEITGEIST Asset Management, where he built a €1 billion portfolio, and senior management roles at HOCHTIEF Group. At GTC, Sebastian will focus especially on the oversight of our portfolio in Germany, which includes, includes 5,200 residential units in Kaiserslautern, Helmstedt, Heidenheim, and surrounding areas. His know-how will also support our development projects in Central and Southeastern Europe.

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