Vantage Development sells commercial center
13:38
Real estate developer Vantage Development has signed an initial deal to sell a 100 percent stake in its subsidiary VD RETAIL II, which carried out the Galaktyka commercial center in Wrocław. The company expects to sign a final contract by May 15, the developer said in a statement.
"The sale of the completed commercial investment is the next stage of the project aimed at releasing the funds involved in the investment. These means may be used to carry out further investments," a statement said.
The Galaktyka mall comprises two building with a total lease space of 2,500 sqm.
