IKEA entrusts Budimex with retail park scheme

Listed builder Budimex has signed a contract with IKEA Centres Poland SA for the construction of a commercial and office building as part of the Retail Park Franowo in Poznań, the company informed in a statement. The net value of the agreement amounts to PLN 77 million. The new building will feature a total area of 27,000 sqm. It will have one underground floor with a parking for 332 car places, and two overground floors as a commercial part, which will provide  maintenance, administrative and technical facilities, "turnkey" office space, conference rooms and archive. Budimex Group is the biggest Polish building holding system. The company is part of the Ferrovial Group, one of the world's largest companies operating in the infrastructure sector. Budimex has been listed on the Warsaw Stock Exchange since 1995.