Adding some Alchemy

What’s the current stage of the Infinity office development in Wrocław – the joint venture project between Avestus and Alchemy? Mariusz Frąckiewicz, the Poland director of Avestus Real Estate: We are already halfway through the construction phase – starting work on the fourth floor of the six-storey building and on the assembly of the ground-floor façade. We have a very reputable contractor in Eiffage Polska Budownictwo and so the project will be completed in Q2 2023. This is also the first investment by Alchemy in Poland – in fact, outside your home country. Gregory Sacks, the CEO of Alchemy Properties: Alchemy is a South African real estate developer that has been looking for opportunities further afield. Last year I came here on a fact-finding mission and met several investors, including Avestus – and we both certainly felt that we had a common approach to real estate investment. And at Alchemy we recognised the need to partner with a loc