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Pereca handed over

16 April 2018

Pereca handed over
Pereca 11 was developed by Matexi
POLAND Matexi Polska has handed over the Pereca 11 residential building to its new owner, Bouwfonds Investment Management fund.

In July 2017 for the first time an entire residential block development was sold by a developer to a foreign fund managing a portfolio of apartments for rent. The transaction worth nearly PLN 100 mln. The 9,500 sqm building includes 193 apartments including turnkey residences. The project was to take 24 months to complete but was eventually delivered three months early “We have managed to complete the first such significant transaction on the PRS (Private Rental Sector) market in Poland and it certainly is not our last word in this field,” says Mirosław Bednarek, the president of the management board at Matexi Polska. With the completion of the building, the developer has now handed over over 1,000 apartments in Poland.

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