Warsaw is accounted as an attractive office property market in East Europe. It's because of an increase of Immofinanz Group's interest.
Company acquired 49% of shares in Equator office and adjoining offices located in Nimbus building. In return for it, Karimpol - planned partner- purchased 51% shares of neighbouring office of Immofinanz Group - Cirrus. Due to that Karimpol will become a sole shareholder of the building.
Parties are obligated to not to impart any information about transaction and selling costs. This transaction is another milestone in executing our strategy, to take a whole responsibility for projects and at the same time to optimize capital's structure - explains Manfred Wiltschnigg, Board's Member of Immofinanz Group.