Solida Capital and 1 Asset Management form partnership with Pekabex for PBSA project

Solida Capital Europe and 1 Asset Management announced the selection of a general construction and prefabrication company, Pekabex, for the execution of the purpose-built Student Housing PBSA project located in the Mokotów district of Warsaw. The 7,500 sqm modern co-living and PBSA facility for students and young professionals will accommodate 360 beds. This project will mark the first fully prefabricated development in the PBSA segment to be completed in Warsaw.

“We are thrilled to partner with Pekabex on this important project,” said Joao Saracho, Managing Director at Solid Capital Europe. “Their reputation for excellence and innovation aligns perfectly with our vision for this development, and we are confident that their expertise will play a crucial role in bringing our vision to life.”

By leveraging prefabricated construction techniques, Solid Capital aims to streamline the construction process, reduce project timelines, and minimize environmental impact. Prefabrication offers numerous benefits, including improved construction quality, cost-effectiveness, and enhanced sustainability through efficient use of materials and resources.

“We have chosen this prefabrication technology for this PBSA project as it speeds up the construction process, reducing it from 18-21 months to just 15 months. We save a lot of time as concrete elements are manufactured independently from the construction site and transported to the site for immediate installation into the structure of the building. We plan to complete the construction process and open the PBSA in the summer of 2025,” said Matas Mockeliūnas, Student Housing Fund Partner at 1 Asset Management.

Construction on the development project is commencing immediately, with completion anticipated for Q3 2025. Throughout the construction phase, all parties involved in this process will work closely to ensure seamless project execution and uphold the highest standards of quality and safety.