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State property sales

State Treasure and controlled by it companies put on sale their real properties.

State Treasure and controlled by it companies put on sale their real properties. Soon one will be able to buy attractive buildings that are in city centres of larges cities.

According to “Rzeczpospolita” among real properties on sale is Intraco, a skyscraper located in Warsaw, in the course of its privatisation State Treasure plans to acquire 240 M. PLN. Wydawnictwo Bellona, which is also on sale, is a great opportunity for developers. It is located in the city centre of Warsaw near the plot where is being built a 220 metre-high Warsaw Spire. Hotel Centrum, Lodz is also on sale as well as Chemobudowa, Kraków. A large number of lots is going to be put on tenders.

Analysts, who are not content with the undertaking, maintain that the proposed prices are too high. Another problem is caused by negotiation with state companies, which do everything in their power to fend off potential mismanagement charges.

The suggested emergency solution is a holding company concentrating attractive firms and state areas, would enter Warsaw Stock Exchange the next year.

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