LC Corp planning major office building sale

Warsaw Stock Exchange-listed developer LC Corp has revealed it earlier this year signed a letter of intent with a number of international entities investing in commercial real estate regarding the sale of four office properties across Poland: Wola Center and Wola Retro (under construction) in Warsaw...

Locked content LC Corp issues 2- and 4-year bonds worth PLN 100 mln

LC Corp issued two-year and four-year unsecured coupon bonds with a total nominal value of PLN 100 million. The 4-year bonds are with a nominal value of PLN 66 million, while the 2-year bonds have PLN 34 million nominal value. The bonds are with a variable interest rate, the company said. The curren...

Locked content Getin Noble Bank sells PLN 100 mln shares to LC Corp

WSE-listed Getin Noble Bank sold 36.6 million new shares at PLN 2.73 apiece to WSE-listed real estate developer LC Corp controlled by the same lead shareholder Leszek Czarnecki under a private placement, the company said in a market filing. This was the second tranche of shares sold this way to LC C...

LC Corp acquires site for Kraków project

Developer LC Corp has bought approximately 5.2 hectares of developed land located on ul. Centralna in Kraków on which it plans to build a residential project comprising around 1,150 housing units. The net value of the transaction amounts to PLN 48 million. The company wants to launch sales of apartm...

LC Corp buys land for Warsaw apartments

Warsaw Stock Exchange-listed developer LC Corp has acquired over 0.7 hectares of developed land located on ul. Siennicka in the Praga Południe district of the Polish capital for more than PLN 11.5 million. The company plans to build a residential project with 137 apartments on the site. The develope...

LC Corp completes Wrocław office scheme

Developer LC Corp has finished construction work on its Retro Office House office project in downtown Wrocław. Builder Budimex is the general contractor of the scheme which is located at the intersection of ul. Piłsudskiego and ul. Komandorska and is scheduled to be officially opened in June. The si...

LC Corp buys land for Gdańsk apartments

Warsaw Stock Exchange-listed developer LC Corp has acquired 1.3 hectares of land on ul. Letnicka in Gdańsk for one of its future residential projects in the city. The value of the transaction amounts to more than PLN 24.3 million. Gdańsk City Hall was the seller of the plot which was sold following ...

Locked content LC Corp 2017 profit drops

WSE-listed developer holding LC Corp recorded PLN 80.24 million consolidated net profit in 2017 down from PLN 113.12 million profit a year earlier. Operating profit stood at PLN 89.27 million compared to PLN 203.76 million profit in 2016. Consolidated sales revenues reached PLN 706.19 million in 201...

More Centralna Park apartments in Kraków from LC Corp

Warsaw Stock Exchange-listed developer LC Corp will soon start building two new phases of its Centralna Park residential project located in the Czyżyny area of Kraków. The company has recently launched pre-sales of a total of 254 apartments that will be developed in two seven-storey buildings. They ...

LC Corp announces new residential project in Wrocław

Warsaw Stock Exchange-listed developer LC Corp is planning a major residential project on ul. Kamienna in Wrocław, which will be developed on a site that currently houses a car dealership and a bank outlet. The scheme will be built in two phases and will comprise a total of more than 400 apartments ...