TriGranit announces plans for 10 new projects worth EUR 1 billion

"We are interested in building 10 commercial centers," said Todd Cowan, the managing director of TriGranit Development Corporation. Currently the first facility in Katowice is under construction. Silesia City Center will be a shopping center with an area of 80,000 square meters and will include the buildings of the former coal mine Gotwald. The opening of the center is planned for the end of this year. This is only the first stage of the investment, which will later include office centers and a housing estate and will cost EUR 600 million. TriGranit has already found a partner for the investment - Austrian Immoeast Immobilien Anlagen, which wishes to buy the shopping center. TriGranit is also negotiating the purchase of land for commercial centers in Gdańsk, Lublin and Poznań, and is participating in the tender for construction investments on Piłsudski Square in Warsaw. "We have allocated EUR 400 million for implementing these plans. We are also interested in constructing an office building in Mokotów in Warsaw," added Todd Cowan. (Puls Biznesu, p. 8; Parkeit, p. 6) E.B.