High-rise residential scheme in Wola by 2015
14:08
Atlas Estates is to develop a third tower next to the Hilton Hotel in Warsaw's Wola district, as reported by ISBnews. Market research shows interest in a residential project at this location, according to Atlas representatives. Indeed, the new tower will mainly house residential apartments.
The real estate company is expecting a credit line in the hundreds of thousands PLN, and the ultimate project is to reach 170 meters in height, with 44 stories. Currently, next to the Hilton there is an existing scheme called Platinum Towers. The Wola district is home to Warsaw's most ambitious high-rise projects as of late.
Atlas is listed on the WSE since 2008. Its main activity involves real estate investments in Central and Eastern European countries. The company, Atlas Estates Limited, is registered on Guernsey Island.