Strong market confidence: Demand significantly exceeded supply

Due to the strong investor demand, the originally planned issue volume of approximately EUR 2.3 million (PLN 10 million) was increased to around EUR 4.9 million (PLN 21 million). The demand significantly exceeded the expectations – subscriptions amounting to nearly EUR 8.9 million (PLN 38 million) were submitted, leading to a 44.18 per cent reduction of the allocations.

Warimpex CEO Franz Jurkowitsch commented: “The high demand underscores investors’ confidence in our business model and also confirms the attractiveness of the Polish real estate and investment market. Demand is particularly strong in the residential segment, and current projects such as Mogilska 31 in Kraków demonstrate that we are on the right strategic path.” The building permit for the Mogilska 31 project – which will offer 146 residential units along with retail space and parking – is expected to be issued in autumn 2025.

Warimpex CFO Daniel Folian added: “We are very pleased to return to the Polish capital market with a bond after more than a decade, and we plan to make greater use of this form of financing again in the future.”

The placement was supported by the financial firm Noble Securities, the law firm actLegal Poland, and Capital Advisors.