CEE’s real estate market seems to have a few hidden gems to overcome current challenges and achieve success. Join us at CEE GRI 2025 to share insights and source deal flow among the most senior and accomplished real estate leaders active across the region.
In its 19th edition, CEE GRI is stronger than ever. The discussions will cover doubts about investor appetite, inflation, foreign capital flow and asset resilience as they are looming large and adding to the prevailing uncertainties in the market. But despite these challenges, CEE appears to show resilience when compared to other European countries. What is the forecast of the real estate market and where can we find the best investment opportunities?
Unique Format
Discussion format that enables you to interact and engage.
One of the leading financial services provider in CEE and SEE and is among the Top3 Banks in its core markets. As per Year-End 2018 Erste Group had 16,5 mn customers, 47.400 employees and total assets of EUR 237 bn with a CET1 Ratio of 13,2%
Keynote Speaker
Macroeconomic and Real Estate Investment Outlook for CEE in 2025
Katarzyna Rzentarzewska analyzes and comments on macroeconomic developments in the CEE region with a focus on the regional view and cross-country analyses. She leads the development of econometric models and new digital initiatives.
10:30-11:30
Residential Investments
A few golden eggs or a fair share for all?
Repurposing & Reconversion- New focus on residential properties over traditional offices?
Public/Private Partnerships - Incentivizing transactions for an economic boost?
Adam Czerniak is a doctor of economic sciences, research director and chief economist at the Polityka Insight analytical center and head of the Department of Institutional and Political Economics at the Warsaw School of Economics. Until 2012, he worked as a banking economist, previously he cooperated with the World Bank and the FOR Foundation, he was also a Ronald Coase Institute scholarship holder. He is a founding member of the Rental Market Laboratory, as well as the author of scientific publications in the field of economic sociology, institutional economics and the functioning of the real estate market. Polish representative in the European Master in Official Statistics council operating at Eurostat in the term of office 2021-2023.
Dorota Bartosz
Director for Sustainable BuildingsPolish Green Building Council
Country Manager of Grupo Lar Poland since 2023.
Previously over 20 years of experience in finance, working as Financial Director and Board member for a real-estate developer and manager, developing and delivering over 3.000 units.
Responsible for development of Grupo Lar's activities in Poland, strategic planning, business plans, negotiations with investors.
Managed and lead to the signature of 2 JV agreements for the management, construction and sale of appropriately 1.450 and 1.100 apartments in
Warsaw.
Participation in negotiations with investors, plot sellers, analysis of risks and opportunities, responsible for investment proposals.
ACCA
Fully bilingual, English and Polish, excellent French and very good Russian.
Barbara Wojdełko is CEO of Greenman Poland, leading a 16-strong team based in Warsaw. Before her appointment as CEO, Barbara was managing partner of Newbridge Poland Sp. z o.o., managing the company’s finance, operations and acquisitions since 2015. She has over a decade’s worth of real estate experience and was previously an analyst for a warehouse developer active in the CEE region. She is a graduate of the Warsaw School of Economics and holds a magister degree in Corporate Finance.
Dominik Uhe is Head of Investor Relationship Management at Kaufland International.
Kaufland is one of the leading international grocery retailers, running more than 1,550 hypermarkets in eight countries.
Before taking on this position, he held several positions at Kaufland. In addition to operational and strategic responsibility in the area of leasing, the implementation and establishment of sustainable building certifications, he was also responsible for strategic expansion and has built up comprehensive and versatile real estate expertise. He has been an integral part of the company for over 10 years. Before joining Kaufland, he studied geography at the University of Cologne.
Tomasz Trystuła is a Polish qualified lawyer with over 14 years of experience in the real estate sector. He provides comprehensive legal advice to Polish and foreign entities in major real estate transactions in Poland and in the CEE region. He advises on investment and construction processes, as well as on sales and purchases of shopping centres, PRS projects, industrial buildings and offices. Tomasz’s particular focus is on structured portfolio transactions. He is ranked by Legal 500 and Chambers & Partners for his real estate work.
Real Estate professional & RICS member with a background in Coworking, Coliving, and Hospitality. Leading Bob W’s expansion across Europe, one of the fastest-growing, tech-enabled serviced apartment operators for 1–90 day stays.
Bob W operates in 16 countries across Europe, with more than 4,500 apartments either in operation or development. We are the only carbon-neutral hospitality operator.
We sign Master Leases and Management Agreements and work with investors and developers to secure funding and develop assets ranging from 25 to 200 apartments in core European markets. Backed by some of Europe’s top VC firms and UHNW family offices.
Through our joint venture with OCIM, we have multiple capital partners to acquire, invest in, and develop hotel real estate across Europe.
Sourcing and execution of residential investments for Heimstaden in Germany, Central Europe, France and Finland. Formerly responsible for residential investments in Europe at Round Hill Capital. Prior to this, he was an investment banker in the Goldman Sachs’ European real estate team in London. Stan holds a master’s degree in Finance and Business Strategy from Sciences Po University in Paris.
Dorota is a Co-Founder and Chief Investment Officer of REINO Group (fund and investment management company based in Poland). Dorota has over 25 years of professional experience in the real estate industry working for PWC and Knight Frank in the CEE region. She advised local and international developers, global investment funds, and Polish entities in these roles. Dorota has invested and managed more than EUR 2bn of Polish real estate for various Polish and international structures.
She is a Polish licensed valuer and a Member of the RICS. She holds a Master’s degree in Business Management and MBA from the University of Minnesota/Carlson Schoof of Management.
Ewa Parys is Head of Asset Management in Central Europe. She joined AEW Europe in 2014 and is based in Warsaw, Poland. Ewa is responsible for 3 countries in the region: Poland, Romania and Czech Republic, and reports to Stephan Boenning – Head of Germany and Central Europe. Ewa has broad asset management and acquisition experience; prior to AEW Europe, she worked at Atrium Real Estate Poland (Gazit-Globe Group) and was responsible for more than 20 retail assets. Here she managed a €1bn+ portfolio, located in Poland and Latvia. Before Atrium, Ewa worked as Head of the Leasing Department and Centre Director for Meinl European Land and at Foras Holding A/S. Ewa is a graduate of Warsaw University, Kozminski University and AGH Kraków.
Piotr Krawczyński joined DeA Capital Real Estate Poland as CEO to build up the Polish operations in 2020. Before joining DeA Capital Real Estate Poland, he worked for BNP Paribas Real Estate as Head of Capital Markets CEE. Prior to that he worked for almost 18 years in Kulczyk Group, Polish well-recognized investment company. At Kulczyk Group he was responsible, among other duties, for the entire commercial real estate business unit.
Vlad is a real estate professional with almost 20 years experience in the property investment, management and development sector across several countries in Central Eastern Europe. He holds an executive MBA from the International Real Estate Business School of Regensburg (Germany) and a BA in Economics from Columbia University in New York.
Head of Divestments CEESkanska Commercial Development Europe
Poland
As Head of Divestments at Skanska’s commercial development unit in CEE, Adrian is responsible for sourcing buyers and conducting transaction processes in Poland, the Czech Republic, Hungary and Romania. While working at Skanska, Adrian has divested over 40 office buildings totaling almost EUR 2 bn. He has also expanded Skanska’s clients portfolio by 15 new buyers. Moreover, Adrian was involved in the sales process of Skanska’s asset in London and Helsinki. Adrian started his professional career in 1997 at Gerald Eve International. He went on to work for Knight Frank and GE Capital Golub Real Estate. Prior to joining Skanska in 2013, he worked for Echo Investment as the director responsible for the company’s asset divestments.
Aidan Gallagher is a Managing Director at Amhola. Amhola is a SFO backed private office based in Dubai, UAE with a focus on property investment globally but currently centred on Europe. Amhola identifies profitable opportunities across multiple markets delivering high-growth Investment strategies. Experienced to date in Residential development, commercial offices, hotel, care homes and industrial assets.
Dennis Selinas is a seasoned business leader with more than two decades of experience in the financial and property sectors. He possesses multidisciplinary expertise in executive management, operational and financial restructuring, mergers and acquisitions advisory, private equity, trading, and derivatives structuring, among other domains. His expertise spans various asset classes, including property, distressed debt, fixed income, and precious metals, across a diverse range of institutions such as listed property companies, private equity funds, investment banks, and hedge funds. Furthermore, he has operated in a range of jurisdictions, including South Eastern Europe, China, Brazil, the Middle East, and Western
Europe.
National Managing Partner, Head of Real Estate practiceAddleshaw Goddard
Poland
Janusz advises international and domestic corporates, investors and developers on major real estate transactions in Poland and CEE. The transactions on which he has advised include acquisitions (including portfolio transactions and sale and leasebacks), joint venture structures for real estate investments, property development, lease agreements (including for build-to-suit projects). He has extensive knowledge of all asset classes. Janusz has been regularly recommended by the most prominent legal directories such as Legal 500, Chambers & Partners and IFLR1000 for his real estate work. He is a member of the firm’s CEE desk
Co-Owner & Managing PartnerGriffin Capital Partners
Poland
Managing Partner at Griffin Capital Partners. Nebil Senman held leading positions for nine years as Senior Vice President and Supervisory Board Member of Oaktree’s German and Polish real estate funds and operations worth several billion Euro. Before joining Oaktree, he spent eight years handling real estate and corporate consulting at Ernst & Young Real Estate (formerly Arthur Andersen), where he held various managerial positions. He is a graduate of universities in Berlin (TU Berlin, EBS), Paris (ESCP Europe) and London (LSE) and holds an MBA and a Master’s Degree in Civil Engineering. He also holds a post-graduate diploma in real estate management (EBS), and is a Chartered Member of the Royal Institution of Chartered Surveyors, MRICS.
Sylvie Geuten is a Managing Partner and Board Member at Mitiska REIM.
Besides the general management responsibilities, with a focus on business development (investments and fundraising), Sylvie also acts as the Managing Director of Poland.
Stefan Walldorf is a Managing Director in Cerberus’ European Real Estate Group and a member of the Cerberus NPL Committee, Real Estate Committee, and Real Estate Debt Committee. Since joining Cerberus in 2006, Mr. Walldorf has led a wide range of transactions in Europe, including acquisitions of commercial properties, restructurings and loan portfolios. He is currently overseeing the built-up of Cerberus’ EUR 3bn Strategic Industrial Real Estate (SIRE) platform across Europe. Prior to joining Cerberus, Mr. Walldorf worked in Eurohypo’s structured real estate finance division focusing on multinational and institutional clients and structuring financing transactions in commercial and residential real estate.
Daniel Kopania is a qualified Polish attorney-at-law. Daniel specialises in real estate and construction, both on domestic and international markets. He advised on the largest greenfield and brownfield retail, office and warehouse developments in Poland. He has also advised on sales and acquisitions of major real estate assets including office, warehouse and retail, as well as the construction of the largest projects in Poland and major developments across the CEE Region.
Daniel has been recognised by independent legal directories, including Chambers Europe, Legal 500 as a leading lawyer in real estate and construction in Poland.
Executive Vice PresidentSkanska Commercial Development Europe
Poland
Arkadiusz Rudzki took the position of Executive Vice President Leasing & Sales at Skanska’s CDE for Central and Eastern Europe in February 2020 and he is responsible for the leasing and sales of investment products, as well as real estate portfolio management and cooperation with key corporate clients across the CEE region. Arkadiusz joined the company in 2012 as Head of leasing and asset management for Poland, while also acting as the Key Client Director for CEE on the company’s Management Board. In January 2016, he was appointed the Managing Director the Managing Director of Skanska's development business in Poland, while remaining Board Member of the Senior Leadership Team in CEE region. Arkadiusz Rudzki has 20+ years’ experience .
Barbara Topolska joined CPIPG in 2019 as Country Manager at CPI Poland, and she is responsible for the strategy and development of the company's Polish portfolio. Prior to joining CPIPG, she held senior positions in various real estate companies, including Multi Corporation, Neinver, Prime Property Inc. and Commercial Union.
Mihai has a long career in the local real estate market, in some of the largest international consulting companies. During his 16-year activity in real estate, he was involved in numerous relocation processes for both multinational and local companies, trading over 500,000 sqm of offices throughout this period. He started his career as a consultant in the industrial sector and gained substantial insight into real estate transactions, witnessing four extremely different stages of the market: pre, mid and after the 2008 financial crisis and the 2020 pandemic. These demanding times shaped his professional experience. In 2019 he joined One United Properties as CEO of the Office Division.
Head of Commercial Real Estate InternationalErste Group Bank Ag
Austria
I am a business professional with 18+ years hands on experience in international real estate management - ranging from bank/real estate owned affiliates to large healthcare and hospitality institutions. My focus has been on finance, sales, strategic development and risk/change management in Central and Eastern Europe.
Having spent significant portions of my career in restructuring as well as in business management, I am well prepared for all aspects of the economic cycle.
Peter Noack is co-founder of ZEITGEIST Asset Management. Today ZEITGEIST has over 50 projects under management with a total investment volume of ca. 800 mio Euro. ZEITGEIST with offices in Prague, Warsaw and Berlin, is a Real Estate Developer and Asset Manager for private and institutional investors in Germany and Central Eastern Europe. Prior to ZEITGEIST, Peter worked in institutional real estate in Germany, Central Eastern Europe and Turkey for HOCHTIEF Development and Rödl & Partner in Germany and Czech Republic. He is registered as licenced attorney at law in Germany and Czech Republic and holds a Law degree from Goethe University in Frankfurt, Germany.
Head of Group Commercial Real EstateErste Group Bank AG
Austria
Mr. Günther Artner, CFA, has been working for Erste Group in various management functions in equity research since June 2000, responsible for more than 170 companies in Austria and the CEE region with a personal focus on the real estate sector. From March 2015 onwards, Mr. Artner was heading the Equity Capital Markets and from 2017 onwards also the Corporate DCM teams at Erste Group. In July 2022 Mr. Artner was appointed as Head of Group Commercial Real Estate at Erste Group. In addition to the Master degree from the Vienna University of Business Administration and Economics, Mr. Artner holds a Chartered Financial Analyst (CFA) degree.
Since 2012, he has been acting in the capacity of Director of the Investment Banking and Real Estate Financing Department at Bank Pekao S.A. which is responsible for Leveraged Finance, Corporate Structured Finance, Project and Commercial Real Estate Finance. Dieter Lobnig has over 20 years of international experience in consulting, supervising and effective implementation of projects. Before joining BPH Bank in 2005 as Director of the Structured Finance Department, he worked for the Bank of Tokyo Mitsubishi in London and Vienna and Bank Austria Creditanstalt in Vienna.
Head of Department, RE Project Financing,HYPO NOE Landesbank AG
Austria
Having graduated in Budapest in 1988 Peter is an economist by background. He also holds an MPhil degree in Land Economy from Cambridge University and a joint MSc degree in Real Estate from the Budapest Technical University and the Nottingham Trent University. He started his career 30 years ago and gained tremendous experience in the field of property agency, development, valuation and investment & banking with local and international firms such as Price Waterhouse, Kuwait Petroleum, Jones Lang Wootton and Eurohypo. He is currently responsible for the CEE & SEE Region at HYPO NOE Landesbank für Niederoesterreich und Wien Bank AG. Peter is an active member of RICS. He served in various positions both in local an European level.
Zdenka Noack is the co-owner of Zeitraum Student Housing, a daughter company of Zeitgeist Asset Management. Since 2015, Zeitraum Student Housing is operating a student accommodation project in Holešovice, Prague. Zeitraum represents a new style of modern student living. Currently, Zeitraum acquires different properties in Czech Republic, Poland and Hungary to establish the new concept. The expectation is to become one of the major player in this segment in CEE. Before Zeitraum, Zdena has been working as an attorney-at-law in different international law firms in Czech republic and Germany. In this position, she was advising international, especially German clients, with M & A, Corporate and Real estate Law.
Waldemar Wasiluk, CFO and Vice President of Victoria Dom S.A., Poland and Germany based high growth residential development company which sells 1500+ apartments per annum. Developed Berlin and Leipzig residential business and expanded Poland operation.
Greenman Poland, headquartered in Warsaw, Poland, is an asset manager and developer in the convenience retail sector, focused on the acquisition, management and development of food anchored retail parks and shopping centres. Greenman Poland has 150 million EURO assets under management, comprising of retail parks and shopping centres totalling 87,000 sqm. The assets are anchored by leading European retailers including Carrefour, Rossmann, JYSK, Pepco and Spar. Greenman Poland is part of the Greenman Group, a collection of subsidiary corporations including Greenman Investments, Europe’s only fully integrated grocery real estate investment fund manager.
One of the leading international corporate law firms. It is ranked 2nd largest law firm in France by revenue. Its unique positioning and highly recognised expertise enable it to deliver innovative, high-value-added solutions in Tax, Business, Corporate and Employment law.
CMS provides expertise in Banking & Finance, Commercial, Competition, Corporate, Dispute Resolution, Employment, Energy, Intellectual Property, Lifesciences, Real Estate, Technology, Media & Communications and Tax.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment.
Welcome to Addleshaw Goddard (AG). We are a London headquartered, international, full-service law firm that consistently delivers high-quality outcomes for our clients globally.
We have been advising clients for 250 years, and today we support over 5000 of the world's most respected organisations. We help them in over 50 areas of business law, across more than 100 countries. And while the opportunities and challenges they bring us vary, we solve each in a uniquely AG way.
