Budimex-Dromex signs contract to build Gliwice mall

The value of the deal is zł.191 million net, which corresponds to around 6.5% of the group's revenues for the past year. The opening of the shopping center has been scheduled for March 2007. The total surface space of the mall will be 92,000 square meters, including 46,000 sqm for rent. The building will house 150 outlets, a hypermarket and a cinema multiplex. The overall value of the investment was estimated at around EUR 75 million. The project is being co-financed by a Norwegian group Borgestad ASA, GE Capital Golub Polska, and the Irish fund Quinlan. The manager of the project is Danish Braaten+Pedersen. (Parkiet, p. 5) A.F.