Polnord is expecting to find investors for two buildings in its Wilanów Office Park complex by the end of Q2 2017, company president Dariusz Krawczyk informed ISBNews.
“After the termination of the lease contract in Q2 with Pol-Aqua for the B1 office building, we began the process of leasing out the building. At the same time, I’d like to point out that building B3 is leased out almost entirely. We expect to find tenants in Q1 of 2017, and by the end of the second quarter, to find an investor for the two buildings,” Krawczyk explained.
Building B1 of Wilanów Office Park offers over 7,100 sqm of space, while Building B3 nearly 9,200 sqm.
Based on Polnord’s strategy announced in March, sales of real estate should bring the company a total of PLN 239 million by 2019, of which PLN 168 million will be in 2016-2017. The funds earned from these sales will help the company reduce its debts.