A rendering of the Norblin factory redevelopment project in Warsaw, Poland. A rendering of the Norblin factoryredevelopment project in Warsaw, Poland.

NEW YORK CITY—Locally-based Madison International Realty hassigned a preliminary agreement to acquire the controlling interestin real estate development and investment firm Capital Park SA ofWarsaw, Poland.

The agreement calls for Madison International to purchase 65.99%of Capital Park from Patron Capital Partners of London. Nofinancial terms of the transaction were disclosed.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.