Polimex-Mostostal offers Katowice properties for sale

The Polimex-Mostostal builder company sells select assets due to its restructuring process. In Katowice, the firm puts on the market two plots and a registered tenement situated in the City’s downtown.

The subjected 1 840 sq. meters tenement was erected in 1910 and – according to the Silesian Voivodeship Conservator of Monuments – was the most probably designed by Hugo Weissenberg. The 7-storey building is located at 3 Wita Stwosza St. and was fully renovated in 2011. The tenement is registered as the historic monument.

The building is a seat of the Polimex-Mostostal regional branch and houses conference spaces, office areas, a canteen and three guests rooms.

Moreover, Polimex-Mostostal is also going to sell two properties located in the southern part of Katowice, according to Puls Biznesu. The two plots cover an area of about 5 ha in total and enable for construction of housing and service/retail projects.

Polimex-Mostostal is currently working on a cost reduction program and is selling non-core assets as the consequence of financial troubles. Last year, the City Hall of Katowice denounced an agreement with the company which had been contracted to build the International Convention Center. The agreement was withdrawn as a result of inadequate performance of the financial and practical schedule, and delay of the construction work.