Falcon plans to build a shopping park in Morąg

Falcon Investment Management (Falcon IM) plans to build the OTO Park shopping and service center in Morąg (Warmian-Masurian Voivodeship) on Żeromskiego Street. The project, which we reported on in February of this year, will cover the development of an area exceeding 2 hectares. The plot, purchased last year from the Ostróda County for over 3.7 million PLN (the starting price was around 1.5 million PLN), will be the site of the investment. The partner for the venture is RG Leasing. ■