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VDHG going residential

The flats will go on sale after March. VDHG has also received a building permit for a renovation project in Warsaw on ul. Wilcza 22. Construction work on the EUR 4 million (zł.15.4) residential investment is to start in April. The developer is also in negotiations with Warsaw's local authorities over the plans for the Nowy Œwiat Atrium - a redevelopment of a courtyard into 59 apartments with a commercial component and a total usable area of 4,270 sqm. The redevelopment is worth approximately EUR 10 (zł.38.6) million. This investment will not be started before the beginning of 2008.

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