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Crown buildings sold

The two buildings are located right on the fringe of the central business district. The overall purchase price for Crown Point and Crown Tower was approximately €55 million. Ghelamco has developed the buildings and has also acted as the general contractor.

Imak now holds five properties in Warsaw with a total net space of some 50.000 sqm. Earlier last year Imak acquired from Ghelamco its Mokotów portfolio consisting of Bokserska Office Center, Bokserska Distribution Center and Cybernetyki Office Center. Together with the recent deal the total value transacted between the two parties reached approximately €100 million. Within the next two years Imak plans to further expand its portfolio.
(M.L.)

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