Developer Yareal Polska is celebrating its 20th anniversary of operations in Poland. Since its founding in 2005, the company has delivered 32 residential and office developments, contributing over 4,000 residential units and more than 150,000 sqm of modern office space to the market. Looking ahead, Yareal remains committed to executing its long-term strategy of diversifying operations across both residential and commercial segments.
Yareal Polska belongs to YAM Invest Group and is managed by YAREAL Polska Holding with equity of over PLN 450 million. Over the past two decades, Yareal has established itself as a developer of human-scale, architecturally enduring projects. Its track record reflects deep expertise in both the residential and commercial sectors. Hallmarks of the company’s identity include quality, innovation, customer relationship excellence, and responsible environmental management. Yareal began with boutique apartment developments and small-scale office projects in central Warsaw, always with an emphasis on quality and the creation of lasting value for residents, users, and investors alike. In 2018, the company expanded into the Tri-City market. From its early days as a small team, Yareal has grown into a dynamic organisation of over 50 professionals managing multiple developments simultaneously.
“We are incredibly proud of the projects we’ve delivered, as well as the journey we’ve taken over the past 20 years,” said Jacek Zengteler, CEO of Yareal Polska. “From the outset, sustainability has been a cornerstone of Yareal’s philosophy. Real estate development not only meets people’s needs and drives economic growth, but it also leaves a lasting imprint on urban landscapes and the environment. That’s why climate impact mitigation, resource efficiency, and the integration of ecological solutions are essential to our projects. We were among the first developers in Poland to adopt BREEAM certification for both office and residential buildings, aligning all new projects with stringent green building standards. Our projects are valued for their quality and attention to detail, earning recognition from both clients and real estate professionals. This success would not be possible without our outstanding team of experts, whose daily commitment continues to shape the unique identity of Yareal.”
Yareal’s business strategy is built around three core areas: residential projects, top-tier office developments, and mixed-use projects with active asset management.
In the residential segment, Yareal specialises in high-quality developments that are carefully tailored to evolving market needs and located at some of the most desirable addresses. The company collaborates with renowned architectural studios and is a leader in implementing sustainable, low-impact construction methods, including low-emission concrete and green roofs. Yareal also actively promotes biodiversity, with carefully landscaped green areas such as the linear park at SOHO by Yareal in Warsaw, which features 17,000 plants, including over 100 trees.
Yareal’s residential projects frequently include a wide range of amenities for residents and are often accompanied by public infrastructure investments in cooperation with the municipal authorities. The company also engages in developments under Poland’s special housing act, with current projects underway in the Mokotów and Żoliborz districts of Warsaw, and more in preparation.
Yareal is currently in the process of delivering nearly 1,200 residential units, with an additional 1,000 units in the planning phase to be launched in the coming months. The company also holds secured land reserves for over 2,000 future units.
In the commercial real estate sector, Yareal manages a portfolio of about 80,000 sqm of office space in Warsaw, valued at over EUR 350 million. This includes the flagship LIXA office campus. In addition to the longstanding “develop–lease–sell” model, the company has recently incorporated a “hold” strategy, engaging in asset management initiatives. Yareal approaches existing assets not merely from a fund perspective, but as a value-driven investor/developer, enhancing properties through renovation, reconfiguration, or functional transformation. Yareal funds its office developments entirely through shareholder capital. Refinancing, typically at a 50–60 percent loan-to-value ratio, only occurs after construction is complete and a sufficient lease-up threshold has been reached.
A further area of growth is the asset management and leasing of retail and service spaces in mixed-use projects such as SOHO by Yareal and LIXA. At SOHO by Yareal, over 11,300 sqm of commercial, office, and retail space is planned across multiple units. At LIXA City Gardens, a bespoke gastronomic and retail concept within the LIXA campus, about 4,000 sqm of retail space is available, including storefronts along a 150-metre pedestrian arcade connecting Giełdowa and Kasprzaka streets.
Jakub Stankiewicz, management board member and Development Director at Yareal Polska, commented: “In the coming months and years, we intend to consistently implement our strategy of diversifying development activities across both residential and commercial sectors. We are currently preparing several residential projects of various scales, all located in highly attractive parts of Warsaw. We are also closely monitoring opportunities in the Tri-City market, where we remain active. Given the shrinking availability of premium undeveloped plots, we are increasingly exploring the potential of redeveloping or converting existing buildings. We also remain open to joint ventures with other property owners. Our plans include further office developments in central locations, designed with a strong emphasis on human scale. In the current market, securing land for new office developments often means acquiring existing buildings. Thanks to our in-house asset management capabilities, we can generate income during interim leasing periods while maintaining flexibility in project timing.”
