Ghelamco secures financing for new office project

Property developer Ghelamco has signed an agreement with lender PKO BP, securing financing for its Wołoska 24 office project in Warsaw’s Mokotów district, Ghelamco said in a press release on Monday. PKO BP will lend €34.1 million for the investment itself and PLN 10 million for VAT payments. The construction of Wołoska 24 was launched in August 2014. It will offer some 21,000 sqm of office space. It is located near another Ghelamco office building, Mokotów Nova.