TUP sells Modena Park

The sale will be concluded as two transactions, beginning with the sale of Tanis Investments, which holds the Modena Park assets. A new valuation of the property has established its worth at the level of zł.65 million, an increase of around zł.14 million. TUP will also receive a 35-percent cut for each sqm sold over the baseline price of zł.6,542 once sales of the property are initiated. (Real Estate Newsletter)