Tours sells phase 1 of Alchemia office complex

Torus has sold phase one of Alchemia office complex in Gdańsk to a joint venture of a fund managed by Bluehouse Capital Advisor and an investment vehicle managed by independent Polish fund and asset manager REINO Partners. The value of the transaction was not revealed. Alchemia is a Class A office complex located in Gdańsk, which will ultimately consist of four towers interconnected by a 4-storey base. Alchemia will be delivered in four phases of which the first one was the subject of the transaction. Completed in December 2013, the 24,647 sqm Alchemia phase one comprises two towers of eight and six storeys, with separate reception areas, interconnected with a four-storey podium building. Cushman & Wakefield represented the seller in the transaction. Torus is a development company established in 2002 in Gdańsk. The company specializes in development and leasing of modern office space and investing in residential, hotel and industrial sectors.