JLL enters Polish resi market following REAS acquisition

JLL has entered the residential market in Poland, following its acquisition of REAS. Working within the structures of JLL, REAS will be responsible for developing Living Services in both Poland and the rest of the CEE region. “Working closely with REAS will allow JLL to have competence in all areas of the real estate market, in which the residential segment plays a key role,” said Tomasz Trzósło, managing director of JLL Poland. “Recently, Poland's residential sector has seen the development of commercial opportunities, including apartments for rent and dorms, which have begun to attract the interest of institutional capital. JLL’s decision to expand its expertise in this area is in response to market trends and the business needs of our clients.”