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Acciona residential development in Poland comes on to market

Acciona Real Estate has begun the sale of the first phase of the Atmosphera residential development, in Wilanow, one of the most sought-after residential areas of Warsaw. Atmosphera will help to strengthen the company's position in Warsaw, where Acciona Real Estate currently has a number of residential developments — Iskra, Lesne, Sielecka and Panska —, including the Zoliborz development, one of the most ambitious residential projects in Warsaw, scheduled for the second quarter of 2009.

Phase 1 of the Atmosphera development comprises 136 of 1,287 residential properties spread out over the project's six phases. The 180,000mē-development is located close to the Wilanow Palace (a former royal residence), in between downtown Warsaw and the city's airport

The new residential complex — part of one Warsaw's most upmarket urban developments — carries considerable potential. Targeted residents are young, and the development will offer a comprehensive range of amenities and facilities including green spaces and artificial lakes, international schools, theaters and movie theaters, a shopping mall -and even a new cathedral.

The Atmosphera development — along with two other Acciona Nieruchomosci projects scheduled to get under way in 2009 — consolidates Acciona Real Estate's current international push in general, and in Poland in particular.



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