The European Bank for Reconstruction and Development (EBRD) is enhancing its support for the Polish housing market by providing a loan of PLN 58.9 million (approximately €13.7 million) to Nrep Nordic Strategies Fund IV's Polish subsidiary. This funding aims to establish Nrep’s first "Noli Studios" flexible living property in Poland, introducing a novel residential model that combines the comfort of home with the amenities of a hotel.

"Noli Studios" caters to young professionals and travelers, offering serviced, contemporary studios that are move-in ready. These units provide privacy, extended services, and access to shared spaces, fostering a community atmosphere among residents. Located in Warsaw, the property adheres to the highest sustainability standards and is pursuing a BREEAM In Use “Very Good” certification.

This initiative follows an earlier EBRD commitment of PLN 63.2 million to Nrep, which supported the development of two residential-for-rent projects in Poland. These projects have collectively added 220 residential units to the market, addressing the growing demand for rental housing exacerbated by the influx of Ukrainian refugees following Russia’s invasion of Ukraine.

Nrep has established a significant presence in Poland’s residential and logistics sectors, offering fully furnished, contemporary apartments aimed at a diverse tenant base. The company emphasizes inclusive leasing policies to ensure equitable access to housing.

With over €19 billion in assets under management, Nrep is one of the largest real estate investors in Northern Europe. The company is dedicated to leading the decarbonization of the real estate sector, aligning with its robust environmental credentials.

As a leading institutional investor, the EBRD has a long-standing commitment to Poland, with investments exceeding €14 billion in 519 projects since 1991. In the last year alone, the bank invested a record €1.3 billion in the country, reinforcing its role in supporting Poland’s economic and infrastructural development.