The Warsaw Stock Exchange signed a letter of intent with the state-owned MS investment fund to conduct due diligence on its real estate portfolio in an effort to optimize its assets. The process is expected to be completed by the end of the year, while the optimization will be implemented in the second quarter of 2016. The majority stakeholder of WSE’s headquarters, Centrum Giełdowe, is the MS fund, which is part of the the Polish Armaments Group.
WSE is planning to sell its 24.79-percent stake in the project as soon as it secures a long-term tenant for the building. The current contract expires this month.
