Manova Partners Expands CEE Investment Activity with Focus on Poland

Manova Partners is continuing to expand its investment activity across Central and Eastern Europe, with Poland identified as a key market within its regional strategy. The real estate investment manager currently oversees assets in the region valued at more than €1.4 billion, with the majority located in Poland and the Czech Republic.

According to the company, more than €800 million of its CEE portfolio is invested in Poland, while approximately €400 million is allocated to the Czech Republic. The remaining assets are located in Hungary and Romania. Manova’s portfolio is focused primarily on office and logistics properties in established urban markets and regional economic centres.

The company has operated in Central and Eastern Europe for more than 20 years, having entered the Polish market in 2004. Since then, it has gradually expanded its presence across the region.

Manova’s Polish portfolio currently comprises more than 600,000 sqm of office and logistics space across 19 assets. In the Czech Republic, the company owns approximately 125,000 sqm of office space across three properties in Prague.

Katarina Horvathova, Head of Transactions CEE and Country Head Czech Republic at Manova Partners, said Poland continues to offer attractive opportunities within the region due to its market scale, economic outlook and yield profile, particularly in the logistics sector and in centrally located office properties.

Lukasz Pawikowski, Associate Director and Head of Asset Management CEE & Nordics at Manova Partners, said the company’s local asset management teams and tenant relationships allow it to respond quickly to changing market conditions. According to the company, its portfolio occupancy rate across the CEE region currently stands at around 96 percent.

Manova said Poland remains an important growth market due to its economic performance, infrastructure investment and continued occupier demand for modern office and logistics space. The company also noted that it continues to monitor investment opportunities in other regional markets including Romania, Hungary and Slovakia.

The company said institutional investors, including pension funds and insurance companies, continue to view CEE real estate as a source of long-term diversification and income, supported by comparatively higher yields and improving economic fundamentals across the region.