Purchase of a complex of real properties at Nowogrodzka and Św. Barbary Streets in Warsaw
Nowogrodzka complex is located 300 m from the Palace of Culture and Science. The investment includes six buildings with a total usable area of approximately 50 thousand square meters, developed on a plot with area of one hectare.
In the very heart of Warsaw the investor will create a multifunctional complex, including a residential and commercial part, offices, but also a hotel. This will be a unique part of the city centre with high class pre-war architecture combined with ultramodern design.
The buildings include, among others, a 4-storey house build in 1933, a monumental, historical 8-storey building of the Post and Telegraph built in 1932 and a 22-storey technical building in which, since 1992 the strategic infrastructure of Orange is located.
The property will be restored in stages. Orange Polska will lease back the portion of the Complex until 2026, in order to allow sufficient time for migration of the operator's network equipment.
