KINGSTONE RE to advise Iroko on Poland expansion, with first Kraków office acquisition completed

KINGSTONE Real Estate has been appointed as exclusive advisor to Iroko for its planned expansion in Poland, focusing on the acquisition of income-generating real estate assets.

Under the agreement, KINGSTONE RE will provide deal sourcing and transaction advisory services for Iroko Atlas, one of Iroko’s SCPI investment vehicles. The strategy targets assets with stable cash flow across major and regional Polish cities, with a focus on office, retail, logistics, hotel and light industrial sectors. Individual asset sizes are expected to range between €2m and €20m, with a long-term hold strategy combined with active asset management.

The first acquisition under the partnership has already been completed, with the purchase of the “Nowa Kamienica” office building in Kraków. The property, delivered in 2004, is located on Rakowicka Street, close to the city’s main railway station and Old Town. It is fully leased to a diversified tenant base and was sold by Martley Capital.

Philipp Schomberg, Co-Founder and CEO Poland at KINGSTONE RE, said: “Our expertise, excellent network and strong local presence in Poland make us the ideal partner for international investors entering the Polish market. We believe Poland offers an attractive market entry for strong cash flow-producing assets, not only in major but also regional cities. As one of Europe’s most dynamic economies, Poland continues to demonstrate strong growth and resilience. We have the skillset to support investors in implementing such strategies and generating superior returns.”