The most valuable opportunities are never offered to the market.

FJORE is the boutique, senior-led advisory channel for off-market commercial real estate across CEE — built for the investors, allocators and property owners who transact on conviction, timing and institutional strategy, not open-market exposure.

Credible assets.
Relevant capital.

FJORE connects fund-grade analysis — pricing, structure and risk — with the decision speed of a boutique advisory. Each asset is pre-qualified and underwritten before it is introduced, then matched to the capital whose investment mandate fits.

01

For Capital

Seeking access.

Selected off-market opportunities, introduced through senior relationships and evaluated with an investor’s understanding of structure, strategy and execution.

02

For Owners

Considering a discreet exit.

A controlled route to qualified, relevant capital — without turning a significant asset or portfolio decision into a broad-market process.

Anika Chojnacka, Managing Partner

Anika Chojnacka
— Managing Partner.

Institutional capital, Polish execution.

FJORE structures and closes commercial real estate transactions and cross-border capital strategies across Poland and the wider CEE — advising funds, developers and capital groups, one principal per mandate.

Buy-side or sell-side Asset & share deals Cross-border structuring

Industrial & logistics · office parks · investment land
Licensed tax advisor (KIDP) · structuring LU·NL·CY·CH · 18 yrs CEE M&A, PE & CRE

Verify on LinkedIn → A senior advisory network, assembled per mandate.

Cross-border real estate, structured for institutional exits.

Representative engagements led by the principal and FJORE’s senior network — across real estate, office capital markets and financial-services M&A.

18 yrs
CEE M&A, private equity and real estate
€150M+
Commercial real estate transacted
KIDP
Licensed Polish tax advisor
6 cities
Mandate coverage across Poland

Selected transactions

Asset and share structures, cross-border (LU·CY·NL·CH). Counterparties disclosed under NDA.

Office capital markets

Office-park exit

Tricity office complex, three buildings — sold as a share deal to a pan-European institutional fund.

Private equity · M&A

Founder-side advisory

Structuring and execution of a London private equity firm’s investment in a leading Polish payments platform — advising the founders.

Joint venture

Class-A office JV

50/50 SPV — a city-centre office estate and a regional office platform.

Development

Brownfield regeneration

A 2.9 ha former corporate-HQ site repositioned to residential mixed-use; 50/50 developer JV.

Office capital markets

City-centre office disposition

A fully let Warsaw office with standing redevelopment consents — sold to an institutional fund.

Investment portfolio

Commercial property portfolio

Three city-centre assets across three agglomerations — asset deals.

07 · Fund formation · capital

Institutional fund formation

Structured fundraising and led the formation of a fully regulated investment fund — LP relations and governance.

08 · Secondaries · carve-outs

Land-bank secondaries

Strategic advisory and execution on corporate carve-outs under a fund — secondary transactions in company-held land banks.

From access to close.

Senior-led end to end, backed by a specialist legal, tax and technical network. Five stages, one point of accountability — and a defined output at each.

01

Access & origination

Off-market introduction · intent, mandate & conflict check

Qualified opportunity, conflict-cleared, with deal thesis.

02

NDA & disclosure

Asset, title & counterparty profile · KYC / AML

Data room, title and zoning read, cleared counterparty.

03

Structuring & underwriting

Jurisdiction, vehicle, governance, tax · pricing & return view

Structuring memo, indicative terms, underwriting case.

04

Execution

Legal, technical, tax & environmental DD · debt arrangement · SPA / PSPA

Negotiated documentation, financing in place, conditions precedent.

05

Close & beyond

Conditions precedent, escrow, notarisation · handover & exit positioning

Completed transaction, clean SPV, defined exit path.

Market notes from FJORE.

Short, periodic readings of Polish and CEE commercial real estate — pricing, capital flows and the structural shifts shaping off-market opportunity. Written for principals, not the open market.

  1. Vol. 01

    CEE off-market: where capital is moving in 2026.

    In preparation

Maximise the outcome of a private transaction.

FJORE is engaged on one side of a single mandate — to source, structure and close on the best available terms. Submissions are reviewed at senior level; a response follows under NDA.

Thank you — the enquiry is on its way. A senior response will follow under NDA.