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Immofinanz Acquires Development Site in Poland
The Austrian real estate company plans to develop a shopping center in the Polish city of Lublin. Opening is scheduled for 2013.
Immofinanz Acquires Development Site in Poland / Picture: © Vindobona.org
On 28 July 2011 the Immofinanz Group acquired a shopping center development site at an inner city location in Lublin, with roughly 350,000 residents one of the ten largest cities in Poland. The parties have agreed not to disclose any information on the purchase price for the 29,297 sqm site.
“In 2011 Poland again confirmed its standing as an economic driver for both the CEE…
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