White Star Real Estate

White Star Real Estate is a renowned, international real estate company with a first-class track record. Its team has been active in Central and Eastern Europe since 1997, leading the completion of over 60 development projects throughout the region. These projects include a large portfolio of landmark office buildings, as well as warehouse, retail, leisure and residential properties. White Star Real Estate is also an experienced asset and property manager, providing services to its clients for over 2.4 million square meters of commercial properties. White Star Real Estate is part of White Star Group, a holding company established to provide real estate management services and to make real estate and private equity investments primarily in Central and Eastern Europe.
Name of company White Star Real Estate
Name of President or Managing Director for Poland Bartosz Prytuła – Managing Partner Poland
President or Managing Director for Poland profile Bartosz Prytuła joined WSRE in 2005 as Investment Manager, being responsible for sourcing, evaluating and executing third party debt financing, as well as equity procurement. Over the years Bartek assumed increasing levels of responsibility and became a Managing Partner. Prior to joining WSRE, Bartek spent 4 years at Morgan Keegan, where he worked in the investment banking division. He graduated magna cum laude from Washington College (MA) with a B.A. in Economics and Business Administration.
Short description of the company and team White Star Real Estate is a renowned, international real estate company with a first-class track record. Its team has been active in Central and Eastern Europe since 1997, leading the completion of over 60 development projects throughout the region. These projects include a large portfolio of landmark office buildings, as well as warehouse, retail, leisure and residential properties. White Star Real Estate is also an experienced asset and property manager, providing services to its clients for over 2.4 million square meters of commercial properties. White Star Real Estate is part of White Star Group, a holding company established to provide real estate management services and to make real estate and private equity investments primarily in Central and Eastern Europe.
Projects completed between October 2019 and September 2020 In May 2020 Elektrownia Powiśle was opened - a unique mixed-use project where all functions mutually support each other. The revitalized interiors of the pre-war power plant have been restored to create an ideal environment far from a typical shopping center. This space now resembles the atmosphere of a traditional European high street, where shopping takes place at a leisurely pace with breaks for coffee or lunch surrounded by greenery and open piazzas. Elektrownia Powiśle offers over 100 retail and services shops including eclectic mix of new and established brands from both Poland and aboard. We also have a pop-up shop program to promote exciting new and seasonal concepts. The Food Hall and restaurants takes Warsaw’s culinary offer to another level. The Beauty Hall is first of its kind in Warsaw with the nine businesses providing over 300 treatments and services for both men and women.
Value of the projects completed between October 2019 and September 2020 (in EUR) Confidential
Size of the projects completed between October 2019 and September 2020 (GLA) Elektrownia Powiśle, Warsaw, Poland, 18,000 sqm of retail and F&B space
Portfolio of all completed properties currently held by your company White Star Real Estate portfolio currently consist of 5 completed properties in Poland that are currently held by the company. Elektrownia Powiśle (54,000 sqm) - a mixed-use project in Warsaw that was opened in May 2020. Other projects in portfolio include: The Park Warsaw – building 1-7 (75,600 sqm), Diamond Business Park Gliwice (48,000 sqm), DBP Stryków (29,756 sqm) and DBP Ursus (over 49,000 sqm).
Value of the projects currently held by company (in EUR) Confidential
Size of the projects currently held by company (GLA) 400,000 sqm
Properties sold between October 2019 and September 2020 Between October 2019 and September 2020, none of the projects from the White Star Real Estate portfolio was sold.
Value of the projects sold between October 2019 and September 2020 (in EUR) n/a
Size of the projects sold between October 2019 and September 2020 (GLA) n/a
Projects in progress Currently White Star Real Estate develops 4 projects that include: 1. The Park Warsaw – buildings 8-12 2. The Park Kraków, located in Kraków Podgórze district, right on the border of the Zabłocie business area. The Park Kraków is a self-sufficient, campus-style project comprising 8 A-class office buildings with total area of ca. 100,000 sqm. Completion of works for the first building in the Park Kraków is scheduled for 2021. 3. Fabryka PZO, located in the Warsaw’s Praga district, offers not only. 13,000 sqm of the modern office and retail space, but also 121 apartments of various sizes and functional space arrangements. Revitalization of PZO is carried out with an attention to every detail respecting the history of the place. Completion of works for Fabryka PZO - Office is scheduled for 2021. 4. X20 is a new office investment developed next to X2 building in Warsaw, Mokotów district. Project will offer 16,000 sqm of office and retail space. Completion of works is scheduled for Q4 2020.
Value of the projects in progress (in EUR) Confidential
Size of the projects in progress (GLA) Over 150,000 sqm
Projects in the pipeline The Park Warsaw – buildings 8-12 The Park Kraków, Kraków Fabryka PZO, Warsaw Fabryzka PZO II Warsaw Fabryka PZO Residential X20, Warsaw
Please say why your company should be considered for the award This year Elektrownia Powiśle was opened-a mixed-use project that stands out from other retail properties. The retail component here is intertwined with a diverse space to form a coherent offer that blends in and compliments the surrounding neighbourhood. Bricks, steel and remarkably arranged space create here a special atmosphere that allows to do the shopping in a completely new way. Elektrownia Powiśle is a place offering designers’ boutiques, pop up and concept stores, availability of global brands that were never located in Poland so far and hand-crafted native brands. At Elektrownia customers can also find 14 culinary concepts and 3 bars in the Food Hall area, 3 unique cafes, an ice cream shop, 3 sit-down restaurants serving cuisine from around the world, and beauty space providing over 300 treatments and services - Beauty Hall, the first of its kind in Poland. There are also multiple areas for events that have already hosted over 150 activities attended by over 100,000 people.
Company website http://www.whitestar-realestate.com/
Name of company
White Star Real Estate
Name of President or Managing Director for Poland
Bartosz Prytuła – Managing Partner Poland
President or Managing Director for Poland profile
Bartosz Prytuła joined WSRE in 2005 as Investment Manager, being responsible for sourcing, evaluating and executing third party debt financing, as well as equity procurement. Over the years Bartek assumed increasing levels of responsibility and became a Managing Partner. Prior to joining WSRE, Bartek spent 4 years at Morgan Keegan, where he worked in the investment banking division. He graduated magna cum laude from Washington College (MA) with a B.A. in Economics and Business Administration.
Short description of the company and team
White Star Real Estate is a renowned, international real estate company with a first-class track record. Its team has been active in Central and Eastern Europe since 1997, leading the completion of over 60 development projects throughout the region. These projects include a large portfolio of landmark office buildings, as well as warehouse, retail, leisure and residential properties. White Star Real Estate is also an experienced asset and property manager, providing services to its clients for over 2.4 million square meters of commercial properties. White Star Real Estate is part of White Star Group, a holding company established to provide real estate management services and to make real estate and private equity investments primarily in Central and Eastern Europe.
Projects completed between October 2019 and September 2020
In May 2020 Elektrownia Powiśle was opened - a unique mixed-use project where all functions mutually support each other. The revitalized interiors of the pre-war power plant have been restored to create an ideal environment far from a typical shopping center. This space now resembles the atmosphere of a traditional European high street, where shopping takes place at a leisurely pace with breaks for coffee or lunch surrounded by greenery and open piazzas. Elektrownia Powiśle offers over 100 retail and services shops including eclectic mix of new and established brands from both Poland and aboard. We also have a pop-up shop program to promote exciting new and seasonal concepts. The Food Hall and restaurants takes Warsaw’s culinary offer to another level. The Beauty Hall is first of its kind in Warsaw with the nine businesses providing over 300 treatments and services for both men and women.
Value of the projects completed between October 2019 and September 2020 (in EUR)
Confidential
Size of the projects completed between October 2019 and September 2020 (GLA)
Elektrownia Powiśle, Warsaw, Poland, 18,000 sqm of retail and F&B space
Portfolio of all completed properties currently held by your company
White Star Real Estate portfolio currently consist of 5 completed properties in Poland that are currently held by the company. Elektrownia Powiśle (54,000 sqm) - a mixed-use project in Warsaw that was opened in May 2020. Other projects in portfolio include: The Park Warsaw – building 1-7 (75,600 sqm), Diamond Business Park Gliwice (48,000 sqm), DBP Stryków (29,756 sqm) and DBP Ursus (over 49,000 sqm).
Value of the projects currently held by company (in EUR)
Confidential
Size of the projects currently held by company (GLA)
400,000 sqm
Properties sold between October 2019 and September 2020
Between October 2019 and September 2020, none of the projects from the White Star Real Estate portfolio was sold.
Value of the projects sold between October 2019 and September 2020 (in EUR)
n/a
Size of the projects sold between October 2019 and September 2020 (GLA)
n/a
Projects in progress
Currently White Star Real Estate develops 4 projects that include: 1. The Park Warsaw – buildings 8-12 2. The Park Kraków, located in Kraków Podgórze district, right on the border of the Zabłocie business area. The Park Kraków is a self-sufficient, campus-style project comprising 8 A-class office buildings with total area of ca. 100,000 sqm. Completion of works for the first building in the Park Kraków is scheduled for 2021. 3. Fabryka PZO, located in the Warsaw’s Praga district, offers not only. 13,000 sqm of the modern office and retail space, but also 121 apartments of various sizes and functional space arrangements. Revitalization of PZO is carried out with an attention to every detail respecting the history of the place. Completion of works for Fabryka PZO - Office is scheduled for 2021. 4. X20 is a new office investment developed next to X2 building in Warsaw, Mokotów district. Project will offer 16,000 sqm of office and retail space. Completion of works is scheduled for Q4 2020.
Value of the projects in progress (in EUR)
Confidential
Size of the projects in progress (GLA)
Over 150,000 sqm
Projects in the pipeline
The Park Warsaw – buildings 8-12 The Park Kraków, Kraków Fabryka PZO, Warsaw Fabryzka PZO II Warsaw Fabryka PZO Residential X20, Warsaw
Please say why your company should be considered for the award
This year Elektrownia Powiśle was opened-a mixed-use project that stands out from other retail properties. The retail component here is intertwined with a diverse space to form a coherent offer that blends in and compliments the surrounding neighbourhood. Bricks, steel and remarkably arranged space create here a special atmosphere that allows to do the shopping in a completely new way. Elektrownia Powiśle is a place offering designers’ boutiques, pop up and concept stores, availability of global brands that were never located in Poland so far and hand-crafted native brands. At Elektrownia customers can also find 14 culinary concepts and 3 bars in the Food Hall area, 3 unique cafes, an ice cream shop, 3 sit-down restaurants serving cuisine from around the world, and beauty space providing over 300 treatments and services - Beauty Hall, the first of its kind in Poland. There are also multiple areas for events that have already hosted over 150 activities attended by over 100,000 people.
Company website
http://www.whitestar-realestate.com/