Mark Richardson, an investment expert with more than 20 years of professional experience in European commercial real estate, has joined Savills Poland as Head of Investment.
“The appointment of Mark at Savills is the first step in strengthening our service offering for investors in Central Europe. In his new role, Mark will expand our investment service provision and team in Poland, and cooperate with other business lines, including our Living team, a local leader in the PRS and PBSA sectors. I am confident that thanks to his international experience on both investor and advisory side, and his extensive knowledge of all real estate sectors, we will be well-positioned when more positive investor sentiment returns”, says Stuart Jordan, CEO Savills Central & Eastern Europe.
Mark Richardson, as the new Head of Investment at Savills Poland, will be responsible for liaising with international investment funds in office, retail, industrial and warehouse asset sales and acquisitions. Prior to joining Savills, Mark was Head of Capital Markets for Cushman & Wakefield and Colliers in the Czech Republic, which he has now left for Poland. Previously he was also a Director for 12 years at Pradera Limited, a specialist retail investment and asset manager where he was responsible for the CEE market based in London, United Kingdom. During his successful career spanning over 20 years he has advised on more than €2 billion worth of investment transactions including properties located in Poland, such as Homepark Targówek, Homepark Janki and Homepark Franowo and more recently the Mid-Point office building in Wroclaw.
“I am excited to start a new phase of my career at Savills and to have this opportunity to put my experience to use in the largest investment market in Central and Eastern Europe. Although recent property market challenges have undermined investor confidence and had a knock-on effect on investment volumes in many countries, the fundamentals of the Polish market remain strong and I’m confident that as we enter a recovery cycle phase they will once again attract overseas capital to Poland”, says Mark Richardson, Head of Investment at Savills Poland.