Maximilian Mendel
Managing Director
Zeitgeist Asset Management
Maximilian Mendel is Managing Director of ZEITGEIST Asset Management in Poland. Prior to ZEITGEIST, Maximilian worked as Head of Living Investments for JLL and before that as Partner at REAS. Based in Warsaw since 2005, he dedicated his career to the real estate sector across CEE. Maximilian holds a Diploma degree in Urban Planning from Dortmund University, Germany, and a PhD in Geography from the Institute of Geography and Spatial Organization of the Polish Academy of Sciences, Warsaw, Poland.
Participates in the sessions:
-
PRS. A young market of big oppor-tunities and even bigger traps. How to avoid Berlin’s mistakes?
The institutional rental market in Poland is in its infancy, but there is every indication that it will soon be taking increas-ingly bold steps. Economic growth, urbanisation and generational shifts are the long-term drivers of demand. The war in Ukraine and the sharp increase in rental yields combined with double-digit inflation mean that investors perceive flats as a safe haven for their capital. Can the rapid influx of capital into the PRS sector possibly result in soaring hous-ing prices, higher rents, and lower supply? What regulation does the market need?