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Financing for port development

Opr./edited TSG 31 December 2018
Financing for port development
The first building should be delivered in October
POLAND Vantage Development has been granted financing for the first stage of its Port Popowice project on a 14 ha plot on ul. Wejherowska and ul. Białowieska in Wrocław.

The total value of the loans granted by Alior Bank come to PLN 138 and they are to cover the construction costs of buildings A, B and C, which comprise the first stage of the project. This stage has been divided into two phases with the first being the construction of building A, which is to be delivered in October 2019. The other two buildings are to be completed by April 2021. A total of 415 apartments and five retail units are to be built by general contractor Erbud in this stage. Originally 2,400 units including apartments and retail units were planned as well as 14,500 sqm of office space.

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