Housing Estates Investment Copartnership "Ursynów" ( Spółka Inwestycji Mieszkaniowych - SIM) entered into a preliminary contract on general construction of investment located at the crossroads of Al. Rzeczypospolitej and Osi Królewskiej in Warsaw. Project will be executed by Unibep copartnership. Signing the final contract will be on 31st January 2012 at the latest.
Total space of the building will amount to over 35 000sqm. The structure will have different functions: residential (115 flats with a space of about 7 000sqm), office ( 4 600sqm), and service ( 3000sqm).
According with contract provisions, investment has to be executed no longer than 20 months since the date of signing the final contract. Salary of the contractor can't exceed PLN 73,5 million nett. It will be paid in a flat-rate scheme.