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Unidevelopment to build Wola House office building

The company Unidevelopment has purchased 100 percent of shares in the special purpose vehicle Wola House which was set up to develop the office building with the same name. The building will be constructed at Al. Prymasa Tysiąclecia 79. Wola House already has a final construction permit.

Unidevelopment purchased Wola House Sp. z o.o. from a Norwegian company SELVAAG EIENDOM AS. According to the agreement signed, the developer has the right of perpetual usufruct for the property situated in Warsaw at Al. Prymasa Tysiąclecia 79. At the plot with an area of 4,964 sqm, Unidevelopment plans to develop and Office building with a floorage of around 20,000 sqm.

According to Unidevelopment plans, the construction of Wola House will start in the fourth quarter of 2012. Works will be completed in the late first quarter 2014.

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