Poland White Stone Development and Nrep join forces
Residentialschedule 01 October 2024
Nrep will offer units to tenants under the Lett brand
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White Stone Development, a Polish developer active in the residential and commercial market, has announced the signing of key agreements for a new project. A PRS development, commissioned by Nrep, which is investing through the NSF V fund, will be built in Warsaw's Bielany district.
The plan is to build a modern 15,500 sqm rental building with more than 480 units and 400 sqm of commercial space. The project on ul. Nocznickiego will involve the construction of 15,500 sqm of leasable space, which will translate into more than 480 units and almost 400 sqm of service space. The value of the investment is estimated at around PLN 200 mln.
The investment will be carried out under a general contracting system. White Stone Development is responsible for the construction of the proj
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