In 1996, an agreement was signed with the company NIKO to sell the building for 1 billion CZK, but subsequently failed to pay the agreed amount.
A similar scenario happened one year later with the Singaporean company Wells Holding and an agreed selling price of 550 million CZK.
Elevators reach speeds of up to 6 meters per second and the official web page claims they are the fastest lifts in the Czech Republic.
[8] In 2009 ECM sold City Tower for €130 millions to Czech company Marpona a.s. Transaction was backed up by J&T.
[9] In 2012, the building was sold again, to company Consideratio which belongs under holding Proxy-Finance.