Developer Marvipol Development has acquired two pieces of land in downtown Warsaw, which total around 0.3 hectares and will house one of the company’s future residential projects. The value of the transaction amounts to over PLN 21.5 million. Marvipol Development has recently also signed a preliminary agreement for the purchase of two adjacent pieces of land in the Bielany district of the Polish capital for PLN 9.2 million. The company wants to develop a residential scheme in the location with the transaction expected to be finalized by September next year.
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