NEWS

NEWS

2019

20/03/2019
Receiving a building permit for the construction of a residential and service building at Mehoffera / Światowida Street in Warsaw

Tower Mehoffera Sp. z o.o., a subsidiary of Tower Investments S.A., received information from the President of Warsaw about approval decision of the construction design and granting a building permit for the construction of a multi-family residential building as part of the investment at Mehoffera / Światowida Street in Warsaw with the necessary infrastructure. Report.

20/03/2019
Tower Investments S.A. acquired shares in Tower Mehoffera Sp. z o.o.

Tower Investments S.A. contracted a sale of 30 shares in Tower Mehoffera Sp. z o.o. (formerly Shopin Płock sp. o.o.), which constitute 30% of share capital and entitle to 30% votes at the shareholders’ meeting. The company acquired shares for PLN 4,000,000 net. As a result of Agreement, the Company became the sole shareholder of Tower Mehoffera Sp. z o.o. Report.

01/02/2019
Gatid Investments Sp. z o.o. has concluded a sale agreement with Netto Sp. z o.o. in Warsaw

Gatid Investments Sp. z o.o., a subsidiary of Tower Investments S.A.,  concluded with Netto sp. z o.o. a preliminary sale contract for a land property  with an area of 3,147 m2 located in Warsaw in the Białołęka district. At the same time, the Seller obligated to conclude with Netto sp. z o.o. a contract for the construction of a retail and service facility in a turnkey system. The promised contract will be concluded after fulfilling the conditions specified in the Agreement, but no later than January 31, 2020. The value of the project was fixed at PLN 10,614,900 gross. Report.

01/02/2019
Program of share repurchase

Tower Investments S.A. in the period from January, 28 to February, 1, 2019, purchased under the program of share repurchase 4,500 shares for a total of PLN 94,500 at an average unit price of PLN 21. The purchased shares with a par value of PLN 1 each, constitute 0.29% of the Issuer’s share capital. From the beginning of the repurchase of own shares until February 1, 2019 inclusive, the Company purchased 7,066 own shares constituting 0.45% in the share capital. Report.

2018

13/12/2018
Tower Investments Sp. z o.o. sold four locals in Radom

Tower Investments Sp. z o.o. has concluded two sales agreements for four non-residential locals in Radom, with a total area of 1,239,82 m2. The total sale price was PLN 5,535,000. Report.

19/10/2018
Redemption of bonds

Tower Investments bondholders received a request of early redemption of series B bonds. The purchase of the bonds will be carried out on November 5, 2018. All 5,000 bonds with a total nominal value of PLN 5 milion will be subject of redemption. Report.

16/10/2018
Preliminary sale agreement with Budimex Nieruchomości Sp. z o.o. in Warsaw

Tower Project Sp. o.o., a subsidiary of Tower Investments S.A., concluded with Budimex Nieruchomości Sp. o.o. a preliminary sale agreement of land with a total area of 12,861 m2, located at Aleje Jerozolimskie Street in Warsaw. Budimex intends to implement a residential and service investment there, as well as construct a commercial space of approximately 1,300 m2, and Tower Project agreed to buy it. Report.

28/09/2018
Preliminary lease agreement with NETTO Sp. z o.o. in Warsaw

Tower Mehoffera Sp. z o.o. , a subsidiary of Tower Investments S.A., concluded with NETTO Sp. z o.o. a preliminary commercial lease agreement with an area of approximately 1,260 m2, at Mehoffer st. in Warsaw.
The local will be located on the ground floor of the building, which will be built on the basis of an agreement with YIT Development Sp. z o.o. as part of a residential and service investment, and is subject to the obligation to purchase by the landlord. Report

19/09/2018
Tower Investments generated 5.4 million profit in the first half of 2018.

Over PLN 5.4 million of consolidated net profit has been generated by the Tower Investments group in the first half of 2018. This is historically a record result when it comes to the first half of the year. Currently, the Warsaw company is carrying out projects with a sales potential of over PLN 251 million. Report.

1/09/2018
Change of address data

September 1, 2018, the address of Tower Investments has changed from previous at Rumiana 49, 02-956 Warsaw to a new one: Wioślarska 8, 00-411 Warsaw. Report

6/08/2018
Change of publication date of the consolidated semi-annual report

August 6, 2018 there was a change in the date of publication of the consolidated semi-annual report for the first half of 2018. The report will be published on 19 September 2018.
Earlier announced date of publication was set for September 26, 2018. Report

2/08/2018
Tower Investments presents preliminary financial results

Tower Investments presented preliminary financial data for the period from January 1, 2018 to June 30, 2018. Capital Group generated a net profit of PLN 5.5 million. Consolidated sales revenues in this period amounted to PLN 31.1 million. Report.

13/07/2018
Conclusion of preliminary agreements by Tower Investments sp. z o. o.

Tower Investments sp. z o.o. concluded – as a seller – two preliminary sales contracts. The contracts concerns four non-residential premises located in Radom at 25 Czerwca Street, with combined surface of 1.239,82 m2, including common parts and land of 0,0183 ha. The net price is 5.535.000 PLN. More informations can be found in the raport.

29/06/2018
Signing the sales contract with Projekt Konstruktorska

Gatid Investemnts, Tower Investements’s subsidiary company concluded a sales contract with the Projekt Konstruktorska as a Salesman. The subjects of the contract are located at ul. Konstruktorska in Warsaw commercial and service premises with an area of ​​1,655.55 m2 and an adjacent multi-storey garage with an area of ​​755,58 m2. The price of the Estate if 22.017.000 zł.  You can find more informations in raport.

27/06/2018
Tower Investments is the Company of the Year in the Development Services category.

Tower Investments was awarded the title of Company of the Year in the Development Services Category. Reward was a part of annual XV edition of plebiscite  „Orły Polskiej Przedsiębiorczości” during Big Gala „Polska Przedsiębierczość”. You can find more informations on plebiscite site.