Offensive in progress
Investment & finance
POLAND Hungarian company TriGranit Development Corporation is to deepen its involvement in the Polish market. The company is now planning to begin the construction phase of the third stage of its project in Poznań. This year it is also planning to start the construction of another office building in the Bonarka 4 Business (B4B) complex in Kraków. And that’s not all – new retail and office projects are in the pipeline, in investment outlay totalling EUR 500 mln.
Poznań adventure enters next chapter
In October 2013, TriGranit and its partners Europa Capital and the Polish State Railways (PKP) finished the development of the Poznań City Center shopping centre next to the main railway station in Poznań, which was sold to a consortium comprising Resolution Property and ECE Projektmanagement soon after. The half-a-year old building then changed owners again in March 2014. However, TriGranit’s adventure in the capital of Wielkopolska province did not end with this transaction. The PKP and its real estate arm Xcity Investment decided to continue working with the Hungarian investor. This time on the development of a property located at ul. Dworcowa 1 – the old Dworzec Główny station next to the Poznań City Center shopping centre. The partners are planning to establish a joint company to carry out the project and are now just waiting for a decision from the Office of Competition and Consumer Protection (UOKiK). “PKP, Xcity Inve
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