Global real estate services firm Cushman & Wakefield has advised Nordic investor NREP on their first investment into the Polish PRS market. The transaction comprised more than 1,000 newbuilt units in Warsaw acquired from YIT.

NREP is the leading Nordic real estate investor with more than €10bn in assets under management.

The firm’s new investment comprises more than 1,000 newbuilt units in Warsaw acquired from YIT. By 2025, NREP plans to deliver 10,000 modern homes in major Polish cities.

Advisers on the transaction from Cushman & Wakefield included: Mira Kantor-Pikus, Partner, Equity Debt & Alternative Investments, Capital Markets; Sylwia Jankowska, Investment Consultant, Capital Markets; Małgorzata Dziubińska, Associate, Consulting and Research; and Katarzyna Bartos-Pońska, Associate, Valuation and Consulting. Additionally, Joanna Długowska acted as a valuer in the transaction.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.