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Polnord Seals Deal with Asseco Subsidiary.

Europe Intelligence Wire

| March 31, 2010 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Polish News Bulletin)

In a communique issued on Tuesday, Polnord property developer announced that it has signed an agreement with Asseco Poland's subsidiary Podkarpacki Fundusz Nieruchomosci enabling it to complete the sale of a property development project to the latter company. The value of the transaction has been set at ZL77.8m net. The aforementioned project is in its preliminary stage and consists of the property, construction permit and rights resulting …

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