December 29, 2014

S+B Gruppe and investment partner win tender for prominent site in the centre of Warsaw

S+B Gruppe and investment partner win tender for prominent site in the centre of Warsaw

S+B Gruppe has managed to win, through its Polish holding company MLN Invest, the tender regarding a property located on a prominent site in the city centre of Warsaw, namely the formal Universal headquarters.

Positioned right in the vicinity of the Centrum metro station, at the intersection of Marszalkowska and Jerozolimskie 44 main streets and linked to the adjacent landmark of Warsaw Rotunda, this site offers the very best conditions for a new office building with a surface of more than 26,000 sqm planned by S+B Gruppe in cooperation with an investment partner.

In the meantime MLN Invest is already the formal owner of this location. According to Franz Paul Bauer, member of the management board of S+B Gruppe AG and manager of MLN Invest, the design focuses upon an urban redevelopment of this high class street corner through the inclusion of the Rotunda and upon the development of a new building on the acquired plot with appropriate underground parking facilities.

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