Centurion Finance ASI S.A. has sold its subsidiary, Centurion Nieruchomości sp. z o.o., to refocus resources on higher-growth investment opportunities, aiming to enhance shareholder returns.

Target Information

On August 8, 2024, Centurion Finance ASI S.A. (the 'Issuer') announced the sale of 100% of the shares of its subsidiary, Centurion Nieruchomości sp. z o.o. (the 'Company'). The shares were acquired by the buyer at a price equivalent to the Company's equity as of June 30, 2024, amounting to PLN 205,930.58. Additionally, the buyer is responsible for settling the Company's outstanding debts to the Issuer, which totaled PLN 2,171,942.62 on the date of the agreement.

Industry Overview

The real estate sector in Poland has seen a significant upturn in recent years, driven by increasing urbanization, a growing economy, and favorable government policies. With demand for both residential and commercial properties on the rise, investment opportunities have expanded, attracting both domestic and foreign investors. The regulatory environment in Poland has also improved, making it easier to acquire and develop real estate assets.

In particular, the commercial real estate market remains robust, with significant investments made in office spaces, retail, and logistics sectors. The ongoing development of major infrastructure projects across the co