AIBCM to invest another EUR 150 million in real estate

It is going to buy the best commercial property, warehouses, apartment blocks and build new ones. The minimum value of the invested capital is to total EUR 150,000-200,000. "This is not a large amount, but it will allow AIBCM to effectively compete on our market," commented Wojciech Pisz, a financial adviser for capital markets at Cushman&Wakefield. Michael O'Hara, the head of AIBCM, believes that the Polish market offers attractive opportunities. "Looking at the macroeconomic data we believe that the investments in real estate will generate significant profits," stated O'Hara. AIBCM has already invested EUR 101 million in Poland. It owns among others, Atrium Plaza and Atrium Centrum office buildings in Warsaw, a financial center in Poznan and the Diamond Business Park in Lódz. (Puls Biznesu, p. 10) E.B.