Less than 2 months ago, “Van der Vorm Vastgoed” successfully closed negotiations for a major development investment in Krakow. However, the Dutch investment fund does not intend to rest on its laurels! In November it acquired a complex of 291 residential units in the city – a record acquisition in terms of their number. The “TRIOKraków” project has expanded the “Van der Vorm Vastoged” portfolio, which now already includes almost 800 residential units. Throughout the acquisition process, the Dutch giant was supported and mentored by the KWKR law firm – a trusted, long-standing partner.
Tenants’ comfort – a priority for both sides of the transaction
“TRIOKraków” is a modern complex of 3 residential buildings located in the heart of Krakow. The project is located on Rakowicka Street in an extremely attractive location. The apartments and student dormitories are perfectly communicated, which significantly increases the comfort of future tenants who do not have their cars. At a distance of only 500 meters, there is a railroad station Krakow Glowny; in turn, future tenants will be only a 10-minute walk from the center of the Old Town through the charming streets of the royal city. In turn, the developer has provided 155 parking spaces for owners of 4 wheels.
-
- TRIOKraków – student’s flats
-
- TRIOKraków – apartments
-
- TRIOKraków
The project itself and its finishing emphasize the commitment of both parties to the transaction to guarantee the highest possible quality for future tenants. The complex has 152 apartments for long-term rent and 139 units in a private student house. Most of the apartments in the “TRIOKraków” complex have been fully equipped and furnished. However, to meet the expectations of customers, some of the apartments remained unfurnished, so that the future resident could arrange the space according to their preferences. The project itself, as well as its finishes, underscore the fund’s commitment to quality for our tenants and our wallets.
Our common success
In the acquisition and due diligence process, the “Van der Vorm Vastgoed” fund was advised by several firms: long-time trusted partner Konieczny Wierzbicki law firm took care of legal and tax advice, while “CBRE” and “Arcadis” were responsible for commercial and technical advice, respectively. In turn, the international law firm “Clifford Chance” advised the fund “Catella European Residential Investment Management”, a subsidiary of the “Catella AB” group, which is active in residential real estate.
The total value of the record-breaking acquisition is estimated at 60 million euros. The transaction, on which we had the pleasure of advising, is in line with the values of the fund, which seeks to continually expand its portfolio in Poland with high-quality properties. As of 2019, the Dutch giant’s portfolio includes nearly 800 residential units, located in our country’s largest citiesprop
Soruce: https://triokrakow.pl/pl/gallery