20:03 16 July 2020
Land in Wrocław center up for sale
KGHM VII Fundusz Inwestycyjny Zamknięty Aktywów Niepublicznych has put up for sale a plot of land for office buildings located at Jana Pawła II Square in Wrocław, southwest Poland. The owner is represented in the transaction by Colliers International, a leading real estate advisory firm. The offering will last until August 31, 2020.
The site is 9,667 sqm in area and is held partially in perpetual usufruct and partially in freehold by a special-purpose entity owned by the vendor. The owners have obtained and maintained in force a building permit for the development of a two-building office complex totaling 31,800 sqm of gross leasable area. The lower floors of the buildings may be used as commercial and service space.
“The plot is located in the very center of the city, where it is extremely difficult to find land for commercial development today. Wrocław is the second regional city after Kraków, where the supply of modern office space exceeded 1 million sqm and is still growing due to high tenant activity … We expect that this sale will be one of the most important transactions of 2020 in Wrocław,” says Emil Domeracki, director of Investment Land Services at Colliers International.
(WBJ)
