logo logo logoAgrobex Sp. z o.o. logoKinnarps Poland Ltd. logo logo logo logoNowy Styl Group logoAluprof S.A logoBusiness House logo logo logoTorus Ltd logo logo logo logo logoMDD Office Furniture logo logoINTERBIURO logo logoTétris Poland logoOlivia Business Centre logoGdańsk Entrepreneurs' Foundation logo logoUNIMOR Development S.A. logo logo logoFlowcrete Polska Sp. z o.o. logo logoBałtyckie Centrum Biznesu Sp. z o.o. logo logo logo logo
Kuczek-Maruta Counsellors at Law logo

Alterco will spend PLN 75 million

Company entered into preliminary contract for the purchase of two properties in the Wrocław's city centre.

Alterco, coopartnership running in a development business, wants to invest PLN 75 million in Wrocław's district - Kowale. Company entered into preliminary contract for purchase of shares in two special purpose vehicles, which will be established to carry out a complex investment process on the area of Stocznia Rzeczna on Odra. The largest investment in the company's history will start after fulfilling all conditions concluded in the contract.

Properties with a total space of about 10ha will enter into coopartnerships. Investment will have a long-term character - plans accepted by the investor implied a full land use. Investment will have a mix character -  on parcel, which belongs to 1st of the coopartnership, flat spaces (lofts) will be build; in the second one - commercial rooms ( office-hotel complex). Both investments should be treated as an integral whole.

We aim to transfer a whole area into a modern multifunctional complex. Within first stage of execution we plan to build a hotel complex as well as office complex and one complex for flats. (...) We predict to build 12 housing buildings of a different height - says Zbigniew Zuzelski, President of Alterco.

Be the first to comment