PHN purchases and rents a premises in Kaskada City

Kaskada City
Kaskada City
Polski Holding Nieruchomości purchased a business premises in a metropolitan office – Kaskada City from Bank Ochrony Środowiska. Therefore, it became the only owner of the property. At present, the area was rented by the Polimex-Mostostal partnership.

We are pleased to inform that we purchased a property right of a business premises with the area of over 4000 sq. m GLA owned by the BOŚ SA company in the building of Kaskada City. We conducted a credit agreement in order to finance the purchase and refinance a part of Kaskada City owned by PHN – said member of the board in Polski Holding Nieruchomości SA Władzimierz Stasiak.

 

The larger part of the purchased area (3720 sq. m) was rented in favor of Polimex-Mostostal Group SA which functions in the engineering, service, energy and petrochemical industry. We decided to conduct a 5-year lease contract with our new tenant – informed Mateusz Matejewski, vice-chairman of the board in PHN SA.

 

The Kaskada City office is located at Jan Paweł II 12 Avenue – in close proximity to Rondo ONZ and Palace of Culture and Science. There is also a metro station of the second line of Rondo ONZ situated ca. 50 m from the building, whereas the Central Station is located ca. 300 m from Kaskada City.

 

Kaskada City is classified as the „CITY” brand of Polski Holding Nieruchomości which includes the most popular properties among tenants who search for office areas in strategic locations. These investments are characterized by a prestigious surroundings and high quality of finishing materials.  

 


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