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The Warsaw Voice » Real Estate » January 21, 2009
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First Property Buys Stake in Blue Tower Plaza
January 21, 2009   
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First Property has purchased a 28.5 percent stake in Warsaw's Blue Tower Plaza from Metropol Blue Tower Plaza. Blue Tower Plaza is an office building with total area of 37,500 sq m. The transaction was finalized early last December.

Blue Tower Plaza is on Bankowy Square, next to the Ratusz-Arsena³ metro station.King Sturge represented the purchaser in the transaction.

First Property is a daughter company of British fund manager First Property Group and has been on the Polish real estate market since 2005.Metropol Blue Tower Plaza is one of the companies belonging to Metropol Group - an international investor and developer.
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