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24.04.2013
Echo Investment sells Aquarius Business House
Echo Investment sells Aquarius Business House

Echo Investment has signed preliminary sales agreements concerning the Aquarius Business House office building, which is being developed in the centre of Wrocław.

The new owners of the facilities will be Horta Sp.  z o.o. and SKUA Sp. z o.o. The preliminary conditional sales agreements were concluded by the parties on the 17th of October 2012. The total value of the preliminary conditional sales agreements is EUR 66.51 mln. The funds acquired will be used by Echo Investment for the company"s further development and the implementation of the projects in the pipeline. “Echo Investment has once again developed a successful office project on a regional market. This time there was some interest in purchasing the facility as early as at the stage of construction, even before the second stage was started. We owe our success mainly to the best location in Wrocław, an above-standard architectural design, which made it possible to acquire a BREEAM Interim certificate, as well as appealing to such renowned tenants as: Tieto Poland, BNY Mellon, PwC and LuxMed. We are also very happy about the fact that this is another project which has been sold to our Spanish partner,” says Adrian Karczewicz who is responsible for the transaction on behalf of Echo Investment. Aquarius Business House is being built in the centre of Wrocław, at the junction of Borowska Street and Swobodna Street. It is a modern office complex offering a number of the latest technological solutions, high-end information and communication technology links, security and access control systems as well as a number of functions which support environmentally-friendly, efficient and economical management of energy and utilities.
Tenants which have signed leases in Aquarius Business House include: Tieto Poland, PwC, BNY Mellon, AXIT, Randstad, Lux Med, BOŚ Bank, Expander Advisors, Credit Agricole and Farmacja Plus. The facility consists of two 7-storey buildings. The leasable office space of the whole facility amounts to 25,000 sqm. The first stage of the project was completed in November 2012. The completion of the second stage is planned for October 2013. Eiffage Budownictwo Mitex SA is the contractor of the shell of the building. The architecture of the building was developed in the Arcad architectural studio of Kielce. The car parks which service the facility offer a total of 410 parking spaces: 323 in the above ground parking garage, 37 in the underground car park and 50 in the external car park. www.aquariusbusinesshouse.pl

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