Business lines
Our business is centred around the investment, development and management of real estate in the living sector across Poland.
We carry out our commercial activities through the following three complimentary business lines.
- Build-to-rent-to-hold
- Build-to-rent-to-sell
- Real estate services
Our ‘build-to-rent-to-hold’ and ‘build-to-rent-to-sell’ business lines are fundamentally similar and are differentiated only by the target hold period and timing of divestment of the relevant property.
Across both business lines, we:
- invest in and develop or re-develop both (i) new-build projects (ground-up developments), and (ii) renovation or adaptive reuse projects (existing properties);
- pursue either a ‘build to core’ or ‘redevelop to core’ strategy (depending on the type of property) by adopting an active, ‘hands-on’ approach to implementing targeted value-creation initiatives that transform underperforming buildings or undeveloped land into 'core' properties that generate high-quality, stable and predictable rental income.
Following completion and stabilisation, our goal is to:
- hold the properties for the long term – in the case of ‘build-to-rent-to-hold’ – to benefit from rental income and unrealised capital gains, and
- divest the properties – in the case of ‘build-to-rent-to-sell’ – to benefit from realised capital gains.
We provide a comprehensive range of services – with a particular focus on management services – that span every dimension of the real estate spectrum within the living sector across Poland.
Our offering covers the entire lifecycle of a property, including services related to sourcing, due diligence, structuring, investment and financing, acquisition, governmental approvals, design, development, construction, leasing, operation, maintenance and divestment.
We leverage our market knowledge, deep insights and multi-disciplinary expertise to create actionable plans tailored to the unique needs and challenges of each property.
Through our services, we coordinate, facilitate, manage and oversee execution of these plans with the goal of delivering solutions that enhance value, optimise performance and achieve superior outcomes for each property.
Build-to-rent-to-hold
- Long term ownership of properties.
- Value creation through (i) unrealised capital gains upon completion, and (ii) rental income post-completion.
- High yielding properties with best-in-class net operating income (NOI) yields.
- Properties generate stable, predictable and steadily growing cash flows through regular rental income.
- Portfolio is structured to be resilient across wide ranging economic conditions.
- Building a well-balanced and diversified portfolio of properties.
Build-to-rent-to-sell
- Long term ownership of properties.
- Value creation through (i) unrealised capital gains upon completion, and (ii) rental income post-completion.
- High yielding properties with best-in-class net operating income (NOI) yields.
- Properties generate stable, predictable and steadily growing cash flows through regular rental income.
- Portfolio is structured to be resilient across wide ranging economic conditions.
- Building a well-balanced and diversified portfolio of properties.
Real estate services
- Comprehensive range of services that span the entire lifecycle of a property.
- Services focused on creating solutions that enhance value, optimise performance and achieve superior outcomes for each property.
- Services provided primarily to affiliated entities and, in select cases, to third parties.
- Revenue generated through (i) fees for services provided, and (ii) commissions on transactions.
- Revenue is used, inter alia, to (i) remunerate our talented team, (ii) engage top-tier service providers, and (iii) attract new talent.