Execution-led investing in Poland
The local operating partner for investors in Polish commercial real estate.
PAIM treats real estate as a living operating business, not a bond. We identify the right path for each asset, remove the risk early, and lead execution through stabilisation, refinancing or exit.
Why PAIM exists
Commercial real estate is not a bond.
It is a living operating business. Value is created in execution, not just acquisition.
Built on 20 years of Polish commercial real estate experience, PAIM works as one accountable local operator — from asset selection and risk elimination through underwriting, execution, stabilisation and monetisation.
PAIM brings together long-time market operators across transactions, finance, architecture, technical delivery, redevelopment and asset management — so capital works with one accountable local team, not a fragmented set of counterparties.
How we create value
Three playbooks. One accountability line.
We partner with capital to choose and deliver the highest-value path for each asset.
Cashflow reset
Value-Add
We reposition the asset in the eyes of agents and tenants, remove leasing friction and improve operational performance. The result is stronger tenant response, better rent capture and a more financeable asset.
Product reset
Redevelopment
Where cosmetic uplift is not enough, we rework, upgrade, expand or replace the product to create a step-change in quality, income potential and exit liquidity.
Use reset
Conversion
We test whether the highest value lies in a different use and identify the most capital-efficient route from existing fabric to a new product and exit path.
One team across the full stack
A team built to understand the asset end to end.
Transactions are only the start. We work across the full stack of Polish commercial real estate to turn a complex asset into a real business plan and a saleable outcome.
What makes PAIM different is not only the range of skills, but that they sit inside one team with one accountability line.
Meet the teamHow we work
Underwriting built on deliverability, not optimism.
We read the asset, eliminate the risk, then underwrite only what can actually be delivered.
Scan the asset
We assess the asset through planning, technical, commercial and locational lenses to identify the right plan early.
Eliminate the risk
We pressure-test the main failure points before commitment — from planning and technical constraints to leasing, access and administrative risk.
Underwrite the real plan
Only then do we build detailed underwriting around scope, phasing, CapEx, timing, rent assumptions, absorption and exit routes.
Execute and monetise
We commit only when the business plan is real, then carry the asset through execution, stabilisation and sale or refinance.
Selective extension
Real estate first. Companies only where the same value chain applies.
Our core focus is real estate assets. In selected situations, we also invest in companies operating within the commercial real estate value chain we know firsthand — where the same sector understanding, local relationships and execution judgement still apply.
Local partner in Poland
Looking for a local partner in Poland?
We work with investors who need more than capital deployment — they need local judgement, execution ownership and a partner who can take an asset from opportunity to stabilisation and exit.