Saturday, 15 March 2025
INVESTIKA Real Estate Fund, the largest non-bank open-ended mutual real estate fund for retail investors in Czechia and Slovakia, has expanded its presence in Poland with the acquisition of Piastów Office Center in Szczecin. The fund, in partnership with BUD Holdings SA, purchased the A-class office complex from funds managed by Blackstone, marking its first office property investment in Poland this year.
Located near Szczecin’s city center, Piastów Office Center consists of three office buildings totaling 21,000 sqm of prime commercial space. The complex is home to modern IT, telecommunications, and business processing companies, with additional amenities such as a canteen, banking and insurance offices, medical facilities, and a gym. This latest acquisition brings INVESTIKA Real Estate Fund’s total portfolio in Poland to 430,000 sqm.
Following a significant expansion in December 2024, INVESTIKA continues to grow its CEE portfolio, reinforcing its position in Poland’s robust real estate market. According to Petr Čížek, Chairman of the Board of Directors of INVESTIKA investment company, the fund has successfully expanded from Tri-City to Szczecin, capitalizing on the region’s booming IT, maritime, logistics, and banking sectors. The property’s stable rental income is expected to support INVESTIKA’s annual target return of 4–6% for its investors.
Paolo Panico, Director of BUD Holdings SA, emphasized that the acquisition was a long-term strategic goal, noting that Piastów Office Center is one of the most promising office complexes in Szczecin, a market known for its low vacancy rates and stable rental demand.
As the first office real estate transaction in Poland in 2025, the acquisition provides INVESTIKA with a strong market position heading into the year. Rafał Proczek, Director of INVESTIKA Polska Services, highlighted the unique architecture and premium construction quality of Piastów Office Center, which ensures the project’s longevity. Combined with the fund’s active asset and property management strategy, the investment is expected to appreciate in value over the long term.
The transaction was facilitated with LegalKraft and Savills advising INVESTIKA and BUD Holdings, while the seller was represented by Cushman & Wakefield and Greenberg Traurig.
