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Malgurzata Cieslak Belgy

Co-Founder & Managing Partner

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At a glance

Firm
REINO Partners Sp. z o.o.
Firm Type
Real-estate fund and investment management platform
Investment Stage
Real-estate assets and investment vehicles; not verified as startup seed investing
Target Company Profile
Commercial real-estate assets and vehicles, including office, logistics, living, data centers, and energy
Sector Focus
Real estate; office, logistics, living/PRS, data centers, energy, ESG-oriented asset management
Geographic Focus
Central Europe, with verified Polish office and logistics activity
Location
Warsaw, Poland

Background

I could not verify a public profile for “Malgurzata Cieslak Belgy,” “Malgorzata Cieslak Belgy,” “Małgorzata Cieślak-Belgy,” or the stub email `[hidden]` on REINO Partners’ website, REINO Capital’s website, GRI Institute, or public search results reviewed. REINO Partners’ current public team page lists Radosław Świątkowski, Dorota Latkowska-Diniejko, Justyna Tinc, Monika Tkacz, Agata Połeć, Paweł Choiński, and Marta Zgnilec, but not this person.

The firm attached to the stub, REINO Partners, is verifiable. REINO Partners says it was established in 2010 and is part of Warsaw-listed REINO Capital Group. It describes itself as a fund and investment management platform for Central Europe focused on real estate, including office, logistics, living, data centers, and energy.

REINO Capital’s group page describes REINO Partners as an independent company specialized in real-estate investment management and strategic/transaction advisory, acting as manager or adviser to REINO Dywidenda FIZ and REINO Dywidenda Plus Sp. z o.o. REINO Partners’ site states it has more than EUR 600 million of assets under management; GRI Institute’s profile describes the firm as having over EUR 700 million of assets under management.

Investment Thesis & Focus

  • Focuses on real estate, not verified angel/seed startup investing.
  • REINO Partners describes itself as a “fund and investment management platform for Central Europe” focused on “property sectors including office, logistics, living, data centers, and energy.”
  • The firm targets income-producing and professionally managed commercial real-estate exposure, including dividend/REIT-like real-estate products.
  • Services include asset identification, asset valuation, asset management, property management/supervision, tendering, ESG management and optimization, green certification, vacancy management, and operating-cost efficiency.
  • In living/PRS, REINO says it is pursuing opportunities across Poland and underwriting two PRS portfolios with aggregate GAV of EUR 500 million plus a hotel-asset portfolio with GAV of EUR 200 million.

Notable Investments

  • REINO IO Piotrków Central Logistics Hub — logistics asset in Piotrków Trybunalski, positioned near major Polish expressways and the A1 motorway.
  • REINO IO Poznań — logistics properties in Koninko/Gądki near the A2/S11 junction.
  • REINO IO Rzeszów — logistics asset in Jasionka near the A4 motorway and S19 expressway.
  • REINO IO Bielsko-Biała — logistics asset in Mazańcowice near the S1 expressway.
  • REINO IO Sosnowiec — logistics park in Sosnowiec near the S1 expressway and A4 motorway access.
  • REINO IO Łódź — logistics asset in Łódź’s Widzew district.
  • Kapelanka 42B — Class A office complex in Kraków.
  • Malta House — Class A office building in Poznań.
  • CU Office — two-building Class A office complex in Wrocław.
  • TERTIUM — three-building office complex in Kraków.
  • DOT F by Form — two Class A office buildings in Kraków.

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