Do we know what you’re going to develop on ul. Waliców in Warsaw, on the site that you acquired a few weeks ago?
Przemysław Wieczorek, CEO of Puro Hotel Development and responsible for Puro’s investment division: We are considering a number of options. It is a large investment site in the centre of the city, where many things could be built and way too big for a single hotel. Basically, it’s three sites. We’ve had two of them for many years and were waiting a long time to buy the third on the corner where the main building could be constructed. Recently, we won the tender to buy the plot. Right now, we are in internal discussions with our investors over how to manage the site. We have now had the final building permit for the construction of the hotel for a number of years, but the investment is not going to end there.
Puro is developing its first project outside of Poland. What is the firm planning in terms of international expansion?
Two projects are cu