Linklaters Warsaw has advised the participants in the Resi4Rent joint venture on their establishment and execution of Resi4Rent, which they describe as "the first fully integrated investor, operator and asset manager for purpose-built residential communities in Poland."
According to Linklaters, "the project consists of more than 1,200 apartments under construction and another 1,700 apartments ready for construction in the next 12 months with first the tenants being able to move in during the fourth quarter of 2019."
Resi4Rent will operate as a joint-venture between R4R S.a r.l and Echo Investment S.A., the largest Polish developer. Echo Investment S.A. will provide planning, design, and development services, while Resi4Rent will lead the operational management in-house.
The final agreement is subject to antimonopoly consent.
Linklaters' team was led by Counsel Weronika Guerquin and Managing Associate Klaudia Krolak.