Savills has consolidated and reorganised some of its business lines in Poland. It has set up an investment hub providing a comprehensive range of advisory services on the commercial real estate investment market through cooperation involving individual departments.
As part of Savills reorganisation, Tomasz Buras was appointed as Head of the firm’s Investment Department and will continue as the Managing Director of Savills Poland. In his new role, Tomasz Buras will work with Marek Paczuski, who was promoted to Deputy Head of the Investment Department.
“The commercial real estate market in Poland is entering another phase of growth with a growing demand for professional and interdisciplinary advisory services required to make the right business decisions,” says Tomasz Buras, Managing Director at Savills Poland.
Savills has also extended the scope of services delivered by its Valuation & Consultancy team, now renamed the Corporate Finance & Valuation department, which will be headed by its current director Kamil Kowa (now also a member of the management board of Savills Poland). Capitalising on his skills acquired during his nearly twelve years with consulting firm EY, Kamil is now developing comprehensive advisory services for investment funds with a special focus on portfolio transactions and emerging asset classes such as rented residential properties (PRS) and student housing.
“Savills is a global leader in student housing and the private rented sector. This provides us a strong base given the growing interest in these new asset classes in our part of Europe. Investment funds are expanding their presence in Poland and requiring quick real estate due diligence for portfolio deals and real estate financing advisory services,” says Kamil Kowa, Management Board Member, Head of the Corporate Finance & Valuation Department at Savills.
Monika Janczewska-Leja, who joined Savills in February 2018 as Head of Retail Advisory & Transactions, will develop retail property services within the new investment hub. She is implementing the firm’s new strategy in response to the growing impact of e-commerce on traditional retailing. In addition to delivering landlord and tenant representation services, Monika will work with Savills’ other teams in retail asset acquisitions and disposals, sharing her retail market expertise and insight.