1 Asset Management and Solida Capital Europe Forge Partnership with Pekabex for Innovative Student Housing Project in Warsaw

2024 04 04

1 Asset Management and Solida Capital are delighted to announce the selection of a premier General Construction and prefabrication company, Pekabex, for the execution of the purpose Student Housing PBSA project located in Puławska street in Mokotów district in Warsaw. The 7500 sq. meters modern co-living and PBSA for students and young professionals will have a total number of 360 beds. This project will be the first fully prefabricated development in PBSA segment to be completed in Warsaw.

After a meticulous evaluation process, Solida Capital which is the leading development company in this partnership, has awarded the construction contract to Pekabex, renowned for its expertise in prefabricated construction solutions. This strategic decision marks a significant step forward in our commitment to delivering high-quality developments efficiently and sustainably.

By leveraging prefabricated construction techniques, Solida 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 so that instead of 18-21 months, we only have 15 months. We save a lot of time as concrete elements are being produced in manufacture independently from the construction site and are being transported to the site and immediately installed into the structure of the building. We are planning to finish the construction process and open the PBSA in the summer of 2025.” says Student housing fund partner Matas Mockeliūnas from 1 Asset Management.

Matas Mockeliūnas | Fund partner

“We are thrilled to partner with Pekabex on this important project,” said Joao Saracho, Managing Director at Solida 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.”

This new venture with Pekabex underscores the vision and dedication to excellence and innovation in every aspect of our projects. Together, we are poised to set new standards for quality, efficiency, and sustainability in the construction industry.

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.

More about student housing fund.

Shed Living – Student housing.