Kajima completes the first modular built-to-rent project in Poland

Kajima Properties has completed developing one of Gdansk’s first built-to-rent schemes. A joint venture with local investor Tonsa and Olivia Business Center, it marks Kajima’s first built-to-rent project in Poland and delivers a range of units from studios to three-bedroom family apartments. The building has been incorporated within the new @Home operational platform and has quick access to central Gdańsk, Olivia Business Center, and the rest of the Tri-City area. The 3,185 sqm building has been fully let.

The project utilizes an innovative off-site modular construction process that halved the development period and provided significant advantages in specification and quality control. The technologies used to deliver the building lowered the construction waste and its carbon footprint by 11 percent, allowing occupants to reduce their energy consumption significantly.

Kajima is an active and long-standing investor in the Polish living space. Since 2019, Kajima has rapidly expanded the Student Depot platform into Poland's largest purpose-built student accommodation provider. Currently, the platform operates 2,500 student beds across key university cities and has another 1,500 under construction.

“Having developed and managed numerous multifamily schemes globally, we are proud to continue building our European BTR portfolio alongside our partners here in Poland. As the demand for high-quality rental housing continues to grow across Europe, we see considerable growth opportunities for the future," Stephen Young, Investment Manager at Kajima Properties Europe, said.

(WBJ)