Hines has been operating in Poland for more than 20 years. The company is mainly known for its work on the office market. Recently, the company has announced that it is to intensify its activities in Poland. What will this entail? Could this mean new projects or perhaps even moving into new sectors?
Wojciech Rumian, the vice president of the management board of Hines Polska: The important change is that Hines’ investment in Poland is becoming more visible. In 2019 we closed several really large purchases. They were for logistics and the office sector assets. This activity is going to continue over the next few years. For example the Hines European Core Fund, which is managed by our office in London, has confirmed that it intends to invest in residential projects – in what is called the PRS segment or in other words apartments for rent and student halls. When it comes to other segments, we also have investors interested in high street retail space. This sector is extremely small and very fragmented. We cannot ignore the increasing strength of e-commerce, so in-town logistics facilities such as city logistics and last mile delivery centres are also of interest to us. We will be looking for such investment opportunities in the new year and our main focus will be on the Wa
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