Opportunity investors at the door

The Polish market is well used to hearing about German institutional investment funds acquiring properties here. Soon, they could be matched by a new influx of British and American 'opportunity' investors. They are a little wary of the office and hotel markets in Poland, but seem keen enough on warehouses and retail The closest any of these investors are to entering the Polish market would seem to be Resolution Property, which was formed in 1998 in the UK, between Chief Executive Robert Laurence and the investment team from Argent, "with the specific aim of investing in UK commercial property, that offered scope for high returns", according to the website. Turning their attention to Central Europe, they recently entered into Heads of Terms with TK Development for the acquisition of Targówek Retail Park and Reduta Retail Park in Warsaw. Though RP's Magnus Lofgren insists that "it's still early days" as far as the firm's dealings with TKD are concerned,