ALTUS Towarzystwo Funduszy Inwestycyjnych S.A. acquired 5.49% stake in Tower Investments S.A..

Tower Investments SA is a Poland-based company engaged in the construction and engineering sector. The Company focuses on the development of turnkey commercial and residential projects. Its project phases include land acquisition, obtaining administrative permissions, building design and construction, as well as sale to investor. The Company's projects portfolio comprises retail stores, shopping malls and residential buildings. In addition, the Company operates shopping centers under the SHOPIN brand name. It owns a number of subsidiaries, such as Tower Swiebodzice Sp z o o and Shopin Plock Sp z o o. The Company is controlled by Floryda 1 Sp z o o SKA.