Hines and Kajima want to build rental apartments together
14:24
Hines and Kajima have concluded an agreement on the implementation of joint development projects in Poland in the rental housing (PRS) sector. The contract will be signed when the financial obligations related to the first joint investment are made. Companies are interested in the implementation of development projects in Warsaw and, the largest Polish cities.
"The joint venture is joining the forces of two global investors and developers in one of the fastest-growing economies in Europe. Poland has an excellent foundation and a dynamically developing PRS sector. We are very pleased that we can combine our achievements in this country with the achievements of Hines to realize an ambitious list of projects," Jan Trybulski, CEO of Kajima Poland.
"Hines Polska has experience in both the implementation of residential projects for sale and rent. We are observing the development of the PRS sector with great interest," Wojciech Rumian, CEO of Hines Polska added.
