Poland New player on the Warsaw PBSA market
Investment & financeschedule 04 July 2024
The planned project will offer app. 600 beds
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BPI Real Estate Poland, in cooperation with Acteeum Group, has sold a plot of land in Warsaw to Romanian-Belgian developer Speedwell. The transaction inaugurates Speedwell's activities on the Polish real estate market. The company will develop its first private student house in Poland.
Speedwell Poland, a new branch of the company, acquired a plot of nearly 2,300 sqm, which was co-owned by BPI Real Estate Poland and Acteeum. The land, on which Speedwell plans to develop its first PBSA project in Poland, is located on ul. Obrzeżna.
The sellers have prepared the concept and the building permit, allowing the project to start smoothly. Speedwell will proceed with the project, using its development experience from the Romanian market. The planned project will offer app. 600 beds.
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