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Real estate Lokale Immobilia

Capital Park to sell Eurocentrum?

15:33

Real estate developer Capital Park has upheld that it may sell the Eurocentrum office complex in Warsaw. "The next stage of the Eurocentrum construction will be finalized in November. When the Alfa, Beta and Gamma buildings are 80 percent leased, we will mull the sale of the project," said Jan Motz, the CEO of the company, during a press conference. He expects to get an "attractive" price. Eurocentrum Beta and Gamma were commissioned in 2014, have 43,000 sqm of total space and are 70 percent leased. Eurocentrum Alfa has 15,000 sqm and is 72 percent leased. The three buildings are valued at PLN 517 million. Eurocentrum Delta is currently under construction. It will have 27,240 sqm of total space. Capital Park is a real estate developer and an investor, which has been operating on the Polish market since 2003.

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