Slovak-based real estate developer-investor HB Reavis has won two tenders to acquire land plots in Warsaw for PNL 171 mln (EUR 39 mln). The vendor is Polish state railway company PKP.

The land plots are located at Chmielna and Al. Jana Pawła II in central Warsaw. The total transaction value reflects a price of PLN 9,955 per square metre of land. Property adviser Cushman & Wakefield coordinated the tender procedure for PKP.