Kraków Business Park on sale for PLN 111.6m

28 January 2015

The troubled Kraków Business Park (KBP) has been placed on the market for PLN 111.6m. The listing has already attracted bids from a number of international real estate funds, according to Polish media reports, with First Property Group reportedly topping the list. The fund is managing a neighboring project. The buyer would have to take over a PLN 267m (€61m) loan from Pekao to complete the transaction. Investors interested in the project have until April to submit offers.

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