Kraków Business Park to be on sale again

Nobody decided to purchase Kraków Business Park (KBP), a bankrupt company operating one of the largest office complexes in Poland, therefore the tender will be held again as the receiver has already applied for it to a court, reports Puls Biznesu. The asking price stood at PLN 360 million, covering ...

Locked content Dom Development put 218 units on the market

Real estate developer Dom Development has begun the sale of 218 apartments in the eighth stage of Warsaw’s Żoliborz Artystyczny, the company said. The units will be ready to hand over in Q4 2016. The delivered building will have six storeys and an underground garage.  The total space of the ap...

Locked content Olivia Six put into use

Olivia Six, the fifth stage of the second biggest office scheme in Poland, Olivia Business Center in Gdańsk, has been delivered.  The total space of the project is 78,000 sqm, including the newly finalized building. The construction of Olivia Six started in 2014. The biggest lessee to date is Thysse...

Locked content Lone Star with controlling interest in GTC

Private equity fund Lone Star has increased its stake in Polish real estate developer GTC to 55.2 percent in a tender offer, Reuters informed on Monday. Till now, the firm has had a 32.5 percent stake in the developer. It is aiming to enlarge its holding to 66 percent. It is now offering a priceR...

OT Logistics to sell land in Wrocław

OT Logisticsis, Poland’s largest inland shipping operator is preparing the sale of real estate in Wrocław on ulica Kleczkowska. The value of the land stands at over PLN 61 million, propertynews.pl reported.

Locked content Ghelamco to issue bonds worth PLN 50 mln

Real estate developer Ghelamco will start trading 500,000 bonds on May 28. The price of a share stands at PLN 100, the company informed. “The total nominal value of PPB series bonds will stand at no more than PLN 50 million,” a market filing read. The bonds are offered for institutional ...

Locked content Atal to raise PLN 160 mln

Real estate developer Atal plans to raise PLN 160 mln via an issue of up to 6.5 mln new shares, which accounts for 16.79 percent of the company’s stock capital. The company said in its initial public offering (IPO) prospectus that it wants to debut on the WSE in mid-June. Currently, the sole s...