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    Skanska Signs Large Lease in the Nowy Rynek Office Complex in Poland

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    Echo Investment Divests Three Office Buildings in Poland

    Impact Completes Luxuria Residence in Bucharest

    Impact Completes Luxuria Residence in Bucharest

    Penta Real Estate and PSN Announce Project to Replace Former Transgas Building in Prague

    Penta Real Estate and PSN Announce Project to Replace Former Transgas Building in Prague

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    Accolade Announces New Project in Sulechow

    One United Properties Announces the Handover of One Cotroceni Park Phase I

    One United Properties Announces the Handover of One Cotroceni Park Phase I

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    White Star Logistics to Build New Park in Torun

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Home Countries Poland

Atrium Buys First Residential Property in Poland

Irina Negoita by Irina Negoita
October 7, 2021
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Atrium Buys First Residential Property in Poland
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On October 6, 2021, Atrium announced that it had signed its first two residential transactions in Poland (in Krakow, respectively Warsaw), totalling around 650 residential units, and amounting to EUR 53 million.

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According to the company, both transactions are expected to be completed by the first half of 2022, with all apartments operational by the end of 2022. The acquisitions form part of the diversification strategy which targets the creation of a portfolio of approximately 5,000 residential for rent units by the end of 2025.

“These transactions mark a step forward in our strategy to diversify our portfolio into the residential for rent sector and leverage growth opportunities that will allow us to continue to deliver strong, long term sustainable returns to our shareholders,” commented Atrium CEO Liad Barzilai. “The assets exemplify how we will seek to take advantage of strong macroeconomic fundamentals and urbanization trends in locations where there is currently a lack of good quality rental apartments. We currently have an identified pipeline of a further 4,000 units in Poland and we look forward to building on these initial investments over the coming months.”

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Irina Negoita

Irina Negoita

Irina is an international business journalist with ten years of experience across several geographies, and writing for renowned publications including IHS, UBM, or S&P Platts, among others. She holds a BA in International Affairs and Communications from Vesalius College in Brussels, and an MSc in Crime Science from UCL in London.

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CEE Real Estate Matters

CEE Real Estate Matters is an online and eZine format publication dedicated to the fast-moving real estate markets in Central and Eastern Europe. Our diligent team of journalists works tirelessly to bring about news and analysis in five key areas: residential, office, retail, logistics and proptech. We guide real estate professionals through the complexities of these sectors, from stand-out development projects and deals, to financing, legislation and big executive moves.


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Recent Posts

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