Turning distress into success

The fund is managed by Golub GetHouse - a joint venture set up by Golub and Company of Chicago and GetHouse Developer of Warsaw. Golub has been operating in Poland since 1989. One of its first projects was the Warsaw Financial Center on ul. Emilii Plater. GetHouse Developer was established in 2006 and made its first investment with the purchase of a plot in Warsaw's Wola district. "We are currently negotiating other purchases and are hoping to close at least one transaction by the end of the year. We look for attractive properties suitable for office and residential development located in the centre of Warsaw and other big cities in Poland," says Czarek Jarząbek, partner and president of the management board of Golub GetHouse. Golub GetHouse Property Fund FIZ was established in March 2011. Who is behind it? From publicly available information it is clear that its main investors are Polish open pension funds Aviva OFE and Amplico OFE. Another investor is a private investment fund of th