In 2018 Orange Polska obtained PLN 243 million worth of revenue from the sale of property in Poland. The sold objects will be converted to hotels, dorms, offices and shopping centers.
68 properties have changed owners, including a complex of historical buildings in the historic part of Gdansk, town house in the center of Krakow, as well as the former telephone switchboard headquarters in Warsaw. Investors have already started first works aimed to convert the buildings to adapt them to their new features.
“During the sales process, we are continually learning how to adapt our property to purchasers’ requirements,” commented Maciej Nowohoński, Management Board Member in charge of Finance Orange Polska. “Jointly with investors, we have developed numerous scenarios aimed to transfer telecommunication equipment located in the buildings. We have more and more know how to reduce surfaces occupied by our infrastructure. When preparing our property to sale, we work with local authorities on amendments to local plans. As a result, the properties will be used in an optimal way in the future,” he added.
Today, Orange offers over 600 pieces of property throughout the country. Most of them are developed lands which previously had been used by the company to conduct telecommunications activities. Since 2007, the company has been carrying out the program aimed to sell the properties which are no longer necessary for the conduct of the principal activity. The offer includes buildings which used to serve as telephone exchanges, office buildings, free land and leisure and conference centers. In accordance with company’s strategy, the money obtained from the sale will be invested in the development of telecommunications services.
This year’s offer of properties for sale will be expanded with attractive proposals, including those of a particular value, located in Katowice and Poznan.
Most of the immovable property owned by Orange is located in the centers of major urban centers. Nearly 50 pieces of property are up for sale in provincial cities alone. The office building in the center of Wroclaw in Powstancow Slaskich street deserves attention, so does the developed parcel in the area of the Poznan International Fair in Głogowska street.
