Warsaw Stock Exchange-listed developer Archicom has signed a preliminary agreement for the sale of its West House 1A office building in Wrocław to GNT Ventures Properties. The value of the transaction, which will also entail the sale of land lying adjacent to the building, will amount to PLN 80.3 million. West House 1A is part of the West Forum complex and comprises approximately 10,000 sqm of GLA which is currently around 75 percent leased out. In 2015, Archicom sold the complex’s West House 1B building to the same buyer.
(Warsaw Business Journal)