The real estate investment adviser property company Revetas Capital raised eyebrows by announcing its intention to convert a portfolio of office land plots in Warsaw, Krakow and Katowice into residential. As employers struggle to convince employees to return to the office, such moves by investors only serve to increase concern over the sector’s long-term prospects. The first apartment building, B4B Meadows, is the ninth building in the huge Bonarka 4 Business project designed by Trigranit (Revetas acquired the developer in 2018).
Revetas founder Eric Assimakopoulos says that in addition to the shopping mall, Trigranit originally envisioned one-third . . .
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