ResiPlatform is a vertically integrated build to rent real estate manager specializing in all living sectors.
Founded by CEO Jason Drennan, who has over 20 years real estate experience working with world-class partners & a track record of delivering exceptional results.
PARTNER
Senior advisor & executive with 15+ years multi-sectoral real estate experience. Jason has executed EUR10b+ of transactions in various jurisdictions in Europe & the US.
In 2020 he established Heimstaden’s office in Poland and led its development & investment programme for circa 4.4k apartments in 5 cities.
Most recently, helped establish Cavatina’s residential & build-to-rent platform in Poland. Jason is a qualified chartered accountant with a degree in Business & Finance from DCU.
Jason Drennan
Founder/CEO resiPLATFORM
TRACK RECORD
2024
Founded resiPLATFORM to focus on creating affordable housing in the PRS and PBSA sectors in Poland. It has secured 3 projects in Warsaw to launch studentPLATFORM, providing 2k affordable beds in locations well connected with public transport & close proximity to many universities.
2022/23
Jason closed 400 apartments with leading Warsaw developer Dantex while with Heimstaden. Later that year, Jason was appointed CEO of Cavatina International by the Cavatina Group to establish an institutional PRS platform with Resi Capital. He became a senior advisor to Cavare in 2023.
2021
Jason transacted with 4 leading Polish developers in 5 cities within 2 years. In 2021, closed the Spravia transaction for 2.4k units & advised NREP on its acquisition of BIK SA, a logistics company listed on Warsaw
2020
Jason established Heimstaden’s business in Poland. Establishing pipeline of c. 4,500 units with a gross transaction value of PLN 2.8 bln. He led transactions with Marivpol & Eiffage in 2020
2019
As MD of Oberon Securities, Jason advised a consortium on the $700ml bid for acquisition of the Plaza Hotel, NYC. Jason was also involved advising South Korean investors on acquisitions in NY & Miami
2018
As a shareholder in the assets of Caelum Development, Jason arranged refinance & sale of multiple retail assets in Poland, circa EUR 100ml and managed its successful exit from Poland
2017
Jason arranged EUR125ml refinance of Parklake, a circa 70k GLA destination shopping centre in Bucharest, Romania. Jason subsequently arranged the sale of 50% of shares in Parklake to Sonae Sierra
OUR SECTORS
OUR APPROACH
Our approach is top down & bottom-up investment & design process:
Our founders are leading European experts in creating BTR platforms.
TOP-DOWN
- Overall market assessment
- Understanding demand/supply dynamics
- Assessing micro-location’s critical infrastructure
- Qualityof life potential in locations
- Barriersto entry to protect capital value in the future
- Research income in the catchment study
- Creating tenant profile
- Affordability outlook
- Future build projects that could positively or negatively affect the project
BOTTOM-UP
- Zoning assessment to understand if we can create an optimal project for rental purposes
- Living useable area to commercial area ratio
- Car park ratio
- Density studies
- Potential constraints of the zoning plan
- Review neighbouring buildings
- Build an optimal living project that meets our financial objectives while satisfying quality of living criteria.
Top-down & bottom-up design process run in tandem supporting each other until we satisfy our investment criteria to commence design and financial underwriting
3 STRATEGIC
PILLARS
FULL CYCLE APPROACH
from sourcing land, creating optimal design, permitting, managing the build process, to operations & exit
PERPETUAL THINKING
we approach financial underwriting, design and operations with the very long term In mind
INTEGRATED MANAGEMENT
from the initial transaction to exit, we oversee the complete program, complimented by comprehensive institutional reporting
ResiPLATFORM is an investment, development, asset and operational manager, offering investors a best of breed approach without conflicts in CEE markets.