Locked content Nordic Development with IPO plans

Real estate developer Nordic Development plans IPO on the small-cap, alternative NewConnect market this year, the company said in a market filing. The company doesn’t plan any new share issues coinciding with the IPO, according to company’s CEO Piotr Rybojad. “We want to be listed to inc...

Echo Investment sells EPP shares for €49 mln

WSE-listed real estate group Echo Investment sold 40 million shares of its subsidiary Echo Polska Properties for €49 million. EPP is minority-owned by Echo, the majority (75 percent) is controlled by South African REIT Redefine, which allowed for the transaction to go through as it had the lock up r...

ROBYG planning new residential project in Warsaw’s Wilanów

Warsaw Stock Exchange-listed developer ROBYG will launch construction on its planned Ogrody Wilanów residential project in the Polish capital in the final quarter of this year. The scheme will comprise a total of almost 230 apartments in three buildings, which are scheduled to be completed in Q4 201...

More Bliska Wola apartments in Warsaw now on sale

Warsaw Stock Exchange-listed developer J.W. Construction has recently launched pre-sales of apartments in a new phase of its Bliska Wola project in the Wola district of the Polish capital. On offer are 115 units located in a building facing Al. Prymasa Tysiąclecia. The flagship scheme of J.W. Constr...
Image: Forteinwest

Forteinwest developing rental apartments in Szczyrk

Developer Forteinwest has launched construction on its second project in Szczyrk, a popular resort destination in the Polish mountains. Called Apartamenty Słoneczna Góra, the boutique scheme will comprise 14 apartments whose prices start at less than PLN 300,000 and which are targeted at investors i...
Image: Dom Development

Dom Development expanding Osiedle Premium scheme in Warsaw

Warsaw Stock Exchange-listed developer Dom Development has launched sales of apartments in the fourth phase of its Osiedle Premium residential project in the Polish capital. On offer are a total of 248 housing units in two buildings, which are scheduled to be completed at the end of next year. The O...

Marvipol planning new residential project in Warsaw’s Praga

Warsaw Stock Exchange-listed developer Marvipol has acquired 1,400 sqm of land located on ul. Okrzei in the Praga Północ district of the Polish capital for a future residential project. The company has already secured a planning decision for the site, which allows for the development of a scheme com...

Housing permits soar in May

In May, the number of housing permits has increased y/y by 43.6 percent to 23,401, according to data released by the Central Statistics Office (GUS), moreover, the number of dwellings completed grew by 16.7 percent y/y to 12,725. The number of dwellings in which construction has begun also increased...
Image: Echo Investment

Echo secures €32-mln loan for Wrocław office project

Warsaw Stock Exchange-listed developer Echo Investment has obtained almost €32 million in bank financing from PKO BP for its Sagittarius Business House office project in Wrocław. The A-class scheme is being developed near the intersection of ul. Borowska and ul. Sucha, opposite Echo Investment’s alr...