Invesco in talks to buy Plac Unii

US-based investment firm Invesco has the exclusive right to purchase office project Plac Unii from developers BBI Development and Liebrecht & Wood, Emil Górecki from daily Puls Biznesu tweeted. The talks are in early stages. Plac Unii offers 41,300 sqm of class A+ office space, completed in late 2013. Liebrecht & Wood holds a 60 percent stake in the investment and BBI Development – 40 percent. BBI’s CEO Michał Skotnicki earlier said the company wants to use the proceeds from the sale for its current projects: multi-purpose development Koneser in Warsaw’s Praga district and retail-office scheme Sezam in the capital’s center.