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The BPH real-estate investment fund, represented by BPH TFI, has appointed Cushman & Wakefield (C&W) as the management agency for its property portfolio.

According to Rafał Mateusiak, director of the real-estate management team at BPH, the choice of C&W as a partner was based on its experienced staff and the wide scope of its management activities across Poland. C&W currently manages 727,000 sqm of space, under lease by 732 tenants, and provides services ranging from space inventory, leasing, tenancy management and building management to renovation, expansion and upkeep, as well as accounting and investment consulting.

BPH's portfolio comprises around 125,800 sqm of commercial space and is continuously expanding. In Warsaw, the fund owns the 4,000 sqm Viking House office building, the 90,000 sqm Okęcie Commercial Center and the 18,000 sqm Optimus Business Center, offering a host of office, retail and warehouse space in various districts of the capital. It also owns three retail sites, totaling 13,800 sqm of space, in the Silesian cities of Katowice, Chorzów and Bolesławiec.

"Our goal is to maximize the potential of the properties and successfully meet the fund's needs and expectations and those of its tenants," says Michał Skaliński, head of C&W's real-estate management department. BPH TFI currently administers 21 funds, whose assets amount to nearly zł.8.3 billion, placing it among the top investment-fund management firms in Poland. Its real-estate arm is ranked second in the Polish market in terms of assets, which in June stood at zł.353 million.