Erbud to build part of Koneser scheme

Centrum Praskie Koneser, a subsidiary of BBI Development has chosen Erbud as one of the contractors for the underground sections and buildings of Koneser Kwartał Centralny on Ząbkowska street in Warsaw. The value of the deal stands at €9.92 million, which translates to roughly PLN 42 million. Construction work is to be completed by July 12, 2016. The scheme will encompass 50,500 sqm of office and retail space. The investment will be financed partially by the developer's partner, Liebrecht & Wood and with loans. Its valued at PLN 550 million.