Going rental

PRS
Vastint, a company primarily known for its office developments, has announced that it is to develop a PRS project. Its Pastelowa project will comprise seven buildings with 246 apartments. We caught up with Roger Andersson, the managing director of Vastint Poland, to find out why the company is now sailing into unknown waters
Alex Hayes, ‘EurobuildCEE’: Why has Vastint decided to move into the PRS sector? Are you convinced that this is going to be a profitable segment? And what are the new challenges that your company will have to face? Roger Andersson, managing director of Vastint Poland: Vastint’s move into PRS is a natural step in the company’s development in Poland and a response to changing market needs. We consistently adapt our developments to new ways of working and living, which is why – alongside office projects – we are also expanding our residential and mixed-use portfolio. In Poznań, this translates into complementing our Business Garden offer with a residential component and strengthening the mixed-use character of the area, to the benefit of both users and the local neighbourhood. For us, the living sector is part of a broader strategy: transforming post-industrial sites into thriving places that combine multiple functions according to market trends. We are building on our exper
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