by Property Forum
Polish developer ATAL has taken control of the Trójmiasto-based Budner Group. The parties set the transaction value at PLN 100.9 million – the combined price for shares in Budner Group companies and its properties. The transaction also includes the purchase of a plot of land for PLN 30.4 million, to be finalised once all conditions of the preliminary agreement are met. After both transactions are completed, ATAL will gain the opportunity to carry out new development projects in Trójmiasto covering around 70,000 sqm.
Read more >