Mariusz Rodak: general director of BPI Polska: It started in the usual way in such cases: as a result of private conversations and personal contacts.
But who made the first move?
Anna Grams-Szalacha, financial director at Acteeum Group: While looking for new fields of operation Acteuum started considering PRS or the private rented sector. And since our day to day activities are in the retail property industry, we started looking round for a suitable partner. We chose BPI mostly because of its experience on the residential market and because of our earlier relations.
Does this mean that your residential projects will be aimed at institutional investors?
MR: That’s one of the options, but we’re not making any assumptions in advance. So far we are launching a joint project in Poznań, near Dęblińska route on the Vistula River, where we bought a plot. We are starting the preparation work this year, the construction work will take 20 months.
How have you divided up the r