Planned sale of Sky Tower. The amount reaches almost 400 million zlotys

The most recognizable building in Wroclaw will be sold. The preliminary agreement for the sale of Sky Tower reaches almost 400 million zlotys, and the shares will go into the hands of Adventum Group.

Develia Group's stake in Wrocław's Sky Tower building, which reaches almost 80%, will be sold to a company owned by Adventum Group. The parties have already signed a preliminary sales agreement worth almost PLN 400 million, and all negotiations are expected to be completed later this year. Develia Group decided to sell its stake in one of Wroclaw's most recognizable buildings due to a change in the company's development strategy. The company plans to invest the money raised from the sale of Sky Tower in the residential market.

Sky Tower is a Wrocław skyscraper located on Powstańców Śląskich Street. This landmark building reaches an impressive height of 212 meters. The building's numerous floors provide approximately 28,000 sqm of multifunctional office space. An additional advantage of the skyscraper is its high vantage point, which provides a unique view of the Wroclaw skyline.