12:30 19 January 2020
Equal Business Park in Kraków to change its owner
The office complex Equal Business Park in Kraków designed and developed by Cavatina Holding will be transferred to the new owner. The developer has just signed the preliminary sale and purchases agreement for four buildings offering a total of over 60,000 sqm of class-A office space. The buyer of the project is the JV managed by Apollo-Rida Poland.
In recent years, Cavatina Holding’s projects that have been built in leading Polish cities arouse unflagging interest among prestigious tenants as well as new investors.
“The process of implementing the company's investment assumptions is extremely dynamic. The huge interest in our Park as well as the leasing processes at the building D that’s still under construction is a reason to be proud. Equal Business Park is our flagship project in Kraków, which has met with great acceptance on the local market. At the end of 2019, Cavatina has launched five new mixed-use projects, which will deliver over 235,000 sqm of class-A office space to the Polish commercial real estate market,” Daniel Draga, Member of the Board at Cavatina Holding, commented.
(WBJ)
