News Article M7 Czech Republic to buy Wroclaw office building
by Property Forum | Investment

VD Invest, subsidiary of Vantage Development, has signed a preliminary conditional agreement with IKI Poland, subsidiary of M7 Czech Republic group, for the sale of Wroclaw office building Delta 44. GVA Polska represented the seller in the transaction.

The property is located in the centre of Wrocław at 44 Dąbrowskiego Street. It offers 4,300 square metres of modern office and retail space. The main tenants are Vantage Development, Pramerica, Vaco and InviMed.
 
Value of the transaction was agreed at the level of ca. €6.75 million (PLN 29 million).
 
The transaction is expected to be finalised by the end of April 2019.