PLN 40.6 million loan agreement for second stage of Aquarius Business House (PL)

Echo Investment has concluded a loan agreement worth PLN 40.6 million (approx. €9.7 million) with Alior Bank SA. The acquired funds will be used for the implementation of the second stage of Aquarius Business House, an 'A' class office building which is being developed in the center of Wroclaw.


"This is our second agreement concluded with Alior Bank, the previous one concerned financing the first stage of Aquarius Business House. We are happy that Alior turned out to be a reliable and efficient partner and we hope to cooperate with the bank in our next projects," says Grzegorz Iwañski, director of the Funding Department at Echo Investment.

Aquarius Business House is being built in the center of Wroclaw, at the junction of Borowska Street and Swobodna Street. The first stage of the project was completed in November last year. The completion of the second stage is planned for October 2013. The contractor of the shell of the facility is Eiffage Budownictwo Mitex SA. The architectural design of the building was developed in the Arcad architectural studio of Kielce.
Aquarius Business House is a modern office complex offering a number of the latest technological solutions, high-end information and communication technology links, security and access control systems as well as technological solutions enabling environmentally-friendly, efficient and economical management of energy and utilities. The facility consists of two seven storey buildings.

The office space of the whole facility amounts to 25,000 m². It has been designed as open plan, which accompanied with good access to natural light will provide office users with flexibility of spatial arrangement and comfortable working conditions.

There have been a number of additional functions planned in the Aquarius Business House complex. Its clients will be able to use a medical clinic, a lunch bar, a restaurant, a cafe and a press lounge along with a fitness club, among other things. Those getting to work by bicycle will be able to use a bike parking place and a locker room including showers, which have been especially designed for them. The car parks servicing the facility offer a total of 410 parking spaces: 323 in the above ground parking garage, 37 in the underground garage and 50 in the external car park.

Source: Echo Investment

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