Periskop Poland appoints new managing directors

Periskop Poland has appointed Jacek Wachowicz and Christian Fojtl as its new managing directors, taking over from Monika Murawska, who is departing for a new leadership opportunity.

Jacek Wachowicz

Both Wachowicz and Fojtl will join the management board of the Warsaw-based subsidiary of Periskop Partners, which is currently focused solely on land banking.

Jacek Wachowicz brings over 25 years of expertise in investment management, project development, and strategic consulting, having held senior positions at companies like Catella Poland, Immobel Poland, and Heitman.

Christian Fojtl, with more than 30 years in the European real estate sector, including roles at Catella Poland and Warimpex Finanz- und Beteiligungs, will serve part-time from Vienna, bridging communication between the Berlin headquarters and the Warsaw office.

They will be supported by Paweł Jastrzębski, whose local transaction experience ensures operational continuity. These appointments underscore Periskop Partners' long-term dedication to the Polish market, with the Warsaw office poised to be crucial for expanding its land banking portfolio and developing new offerings.

Lars Meisinger, CEO of Periskop Partners, commented: “We are convinced of the opportunities in the Polish market. While international investors remain cautious due to the ongoing war in Ukraine, the combination of robust economic growth, rising space demand, and a structural shortage of development-ready land creates exactly the environment in which our landbanking approach delivers its greatest value. Once the geopolitical situation improves, interest from international investors in Poland is expected to increase significantly.”

Poland is recognised as one of the EU's most robust economies, with its GDP growth anticipated to surpass 3% in 2026. This strong economic outlook fuels a significant demand for developable land in major academic cities like Warsaw, Kraków, and Wrocław, a demand that currently outstrips available supply. Periskop Partners leverages this market dynamic by advising a Poland-focused land banking fund, employing a strategy that mirrors the successful principles of its German operations.

Adding to the evolving landscape, Poland is implementing a comprehensive spatial planning reform. This reform mandates that all municipalities adopt legally binding, digitalised "General Plans" for land use, replacing the previous non-binding development studies. Furthermore, the establishment of a new, nationwide electronic urban planning register will introduce unprecedented transparency to all spatial planning activities.