Matexi buys land for new residential project in Warsaw

Residential developer Matexi Polska has acquired 1.2 hectares of development land located on ul. Omulewska in the Praga Po艂udnie district of Warsaw for one of its future projects. The planned scheme, which will be developed in several phases, is expected to offer a total of approximately 500 apartments. The company is now in the process of selecting the architectural studio that will design the development and plans to launch construction work on the first phase of the investment next year. Part of a leading Belgian development group, Matexi entered the Polish market in 2010. The developer is currently selling apartments in a number of projects in Warsaw, including in Kolska od nowa 馃檪 in the Wola district. The company now owns sites on which schemes with a total of around 2,000 housing units will be developed.

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