BPI and Acteeum will build PRS complex with 565 apartments in Warsaw

JLL is going to be the partner of BPI Real Estate and Acteeum during construction of a rental apartments complex (PRS) on Obrzeżna Street in Warsaw. The enterprise will entail the construction of a building with 565 units. Let us recall that this year in January, we reported that BPI Real Estate Poland purchased the property from 5th Avenue Holding and signed an agreement with Acteeum, concerning its development. Meanwhile, in October 2017, we wrote that InterContinental Hotels Group (IHG) signed a contract with 5th Avenue Holding, concerning construction of a Holiday Inn hotel on 7 Obrzeżna Street in Warsaw, in the area of Rzymowskiego and Cybernetyki streets. The design has been developed by AGK Architekci. ■