BBI Development sells part of Koneser scheme

Realty 3 Management sp. z o.o. Projekt Developerski 6 sp. k. (PD6), a subsidiary of BBI Development, has transferred the right of perpetual usufruct of two properties included in Centrum Praskie Koneser project to K-Invest 2, an SPV of Liebrecht&WooD, which is a co-investor in the scheme. The value of the deal stood at PLN 24.85 million, BBI Development reported. The investment, located on Ząbkowska street, will encompass 50,500 sqm of office and retail space. The investment will be financed partially by the developer's partner, Liebrecht & Wood and partially with loans.