PL

First steps as a developer

Investment & finance
POLAND Waryński Holding Group, famous for selling earthmoving machinery, is now looking to enter the property development market. An office and residential project on ul. Jana Kazimierza in Warsaw's Wola district will be the first project of this newcomer to the business.
Portfolio diversification"We have entered the final straight of restructuring the group's portfolio. So far we have managed to sell two subsidiaries producing hydraulic machinery. Now we are closing the sale of another business that develops welding technology. From now on we want real estate development to become our main focus, but in the future we will be aiming at property management," reveals Jarosław Jankowski, the president of the management board of Waryński Holding Group. He believes that the market has always had potential, which was reflected, among other factors, by the constant demand. The fact that after the credit crunch only the most experienced and stable players remained active in the development sector was also an important factor for the group. Now Waryński Holding Group wants to join them and has already laid the foundations for such a move. The group owns several properties in Warsaw's Wola district and intends to maximise their potential. In addition, the comp
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