POLAND Revetas to turn Polish offices into PRS
Residentialschedule 17 October 2022
The first project, B4B Meadows in Kraków, will comprise 435 apartments
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Revetas Capital is to convert its office landbank portfolio of around 90,000 sqm gla of potential space in three Polish cities into residential projects, as it enters the private rental sector.
Under the London-based investor’s plan, residences for up to 2,000 people should be developed in major university cities in Poland. According to the company, the decision has been taken in response to post-Covid market trends and the increasing demand in the sector.
The seed pipeline includes four projects owned by Revetas already through its managed funds in Warsaw, Kraków and Katowice. This would lay the foundation for an institutional PRS platform on a larger scale, while an additiona
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