Polnord to participate in Mieszkanie Plus program

Warsaw Stock Exchange-listed developer Polnord will develop a residential project in Pruszków near the Polish capital within the government’s Mieszkanie Plus housing program. The scheme, which will comprise 400 apartments, will be the first development in Mazowieckie voivodship to be built within the program. The investment will comprise four buildings and will be built of pre-fabricated materials, with KB Dom to act as the general contractor. Construction work on the project is scheduled to finish in May 2019. The government’s Mieszkanie Plus program envisions the development of affordable rental apartments and is primarily targeted at those Poles who do not have the required credit rating to take out a mortgage loan.

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