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Home > News > Current reports > 14-2019 Orange Polska sells Nowogrodzka/Barbary real estate property complex for around PLN 350 million. The transaction creates significant value for the Company and confirms the success of its strategy.

14-2019 Orange Polska sells Nowogrodzka/Barbary real estate property complex for around PLN 350 million. The transaction creates significant value for the Company and confirms the success of its strategy.

Current Report (14/2019)

Orange Polska S.A., Warsaw, Poland

29 August, 2019

Orange Polska sells Nowogrodzka/Barbary real estate property complex for around PLN 350 million. The transaction creates significant value for the Company and confirms the success of its strategy.

Pursuant to Art. 17 clause 1 of the Regulations (eu) no 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (hereinafter “MAR Regulations”), The Management Board of Orange Polska S.A. (“Orange Polska” or “the Company”) hereby announces that on 29 August 2019, Orange Polska concluded an agreement to sell a real estate property in a premium location in Warsaw on Nowogrodzka and Św. Barbary Street (“the Complex”) to Hockley sp. z o.o. with registered seat in Warsaw for EUR 81 million (an equivalent of around PLN 350 million).

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