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TUP sold a property on Uniwersytecka St.

July 25, 2011 Katowice the City 0

TUP Property, a subsidiary company of TUP S.A., sign a contract with Portico Investments Poland for sale a property located on Uniwersytecka St. in the City Center. A value of the transaction totals a net amount of EUR 1,73 million.

At the beginning of 2011, both companies signed a letter of intent concerning the property. Last days, TUP informed about the transaction’s conclusion. The immobility covering approximately 1 500 sq. meters

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Letter of intent for Forest Hill

July 14, 2011 Katowice the City 0

Forest Hill Ltd., a special purpose vehicle owned by the TUP S.A. investment company, signed a letter of intent with Budbaum S.A. and Pro-Development Builder Ltd. regarding terms on which TUP S.A. would participate in the realization of part of the Forest Hill project planned on Bażantów Street.

The letter of intent concerns a 2,8 ha parcel of the total 5,1 ha plot which is owned by Forest Hill Ltd.

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TUP Property looks for partners for Forest Hill

March 15, 2011 Katowice the City 0

The City Council of Katowice has given the green light to the Forest Hill scheme on Bażantów St. by resolving the Spatial Development Plan for the area. The project is planned by the TUP Property developer, which wants to build a housing estate with service and retail facilities.

Previously, the 8-hectare plot had been designated for industrial and logistics use. The newly approved plan enables to build 750 apartments for about 2 500 residents

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TUP Property plans local retail center

January 25, 2011 Katowice the City 0

TUP Property S.A., subsidiary of TUP S.A., obtained a building permit for its retail scheme in the south part of Katowice. The company plans to build a 3 300 sq. meters center on a plot of 1,1 ha on Bażantów Street. The property is located a 5 minutes walk from the “Odrodzenia” and “Bażantów” housing estates.

“TUP Property has been conducting negotiations with potential tenants during past months.