New life for an old district

City Point Targówek is being built in Targówek Fabryczny, a district that has traditionally been the site of warehousing and manufacturing. Partners Group together with Peakside Capital Advisors bought the plot with its existing buildings in 2022. “Over the next three years, we intend to develop a new complex of modern warehouse space,” explains Roman Skowroński, the managing director of Peakside Capital Advisors. “This location has a history, because 50 years ago industrial buildings were constructed here, and, for this reason too, it is a site worth rebuilding and investing in,” adds Wojciech Zielecki, the project management director at Peakside Capital Advisors. The bank providing the finance for the project, Pekao SA, has obviously also recognised its potential, since it has provided a PLN 500 mln loan for the construction of City Point Targówek. “As in every sector of financing, ESG issues have recently taken on an added importance,” points