Consent of Office of Competition and Consumer Protection for establishing a joint entrepreneur implementing a project in Wrocław by Polski Holding Nieruchomości S.A. and KGHM TFI S.A.

Wednesday, October 12, 2016 - 13:44

The Office of Competition and Consumer Protection issued a consent for concentration consisting in establishing a joint entrepreneur by Polski Holding Nieruchomości S.A. and KGHM TFI S.A. The new company will implement an office project in Wrocław.

The obtained consent will enable the new company to implement a project in the center of Wrocław, at al. Jana Pawła II, consisting in building two modern A-class office buildings with complementary retail and service function, with a total area of ca. 33,000 sq.m.

Under the project, two independent office and service buildings will be constructed: Building “A” with an area of over 10,000 sq.m. and Building “B” with an area of over 20,000 sq.m. The buildings will have 7 and 8 storeys, respectively, with office and service function. The design of one of the buildings includes a spacious area intended for conferences. There will also be an underground car park under both buildings, linked by internal exit ramps. The design has been developed by the Medusagroup architectural studio. In terms of architecture, the project is to form an elegant composition of buildings forming part of an office complex, fully meeting the requirements of a representative location in the center of Wrocław.

 

***
Polski Holding Nieruchomości Group

The Polski Holding Nieruchomości Group is the leading managing investor in the commercial property market in Poland. It is one of the largest companies in the sector in terms of the market value of its portfolio, which includes 140 properties and nearly 700 ha of land across the country (e.g. in Warsaw, Poznań, Wrocław and the Tri-City). PHN has long experience both in real estate management and investment project implementation. The Company has been listed on the Warsaw Stock Exchange since February 2013.

***

Contact:
Magdalena Kacprzak
phone: (22) 850 91 34
e-mail: magdalena.kacprzak@phnsa.pl