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 ...

LC Corp unveils Wola Retro office project in Warsaw

Warsaw Stock Exchange-listed developer LC Corp has revealed the details of its planned Wola Retro office project in the Polish capital. Located on ul. Skierniewicka in the Wola district of the city, the scheme will involve the refurbishment of an existing, pre-war building featuring four floors and ...

Locked content Czarnecki sells his stake in LC Corp

The majority shareholder of WSE-listed real estate developer LC Corp, Leszek Czarnecki, together with units controlled by him sold a 51.7 percent stake in the company, the company said in a market filing. After the sale, Czarnecki has no stake in LC Corp. Last week, the consortium set the sale price...

Czarnecki sets LC Corp sale price at PLN 2.1 apiece

Majority shareholder of the WSE-listed real estate developer LC Corp, Leszek Czarnecki, along with controlled by him consortium including Getin Noble Bank, Open Finance, and Open Life TU Życie set the sale price of its 51.17 percent stake in LC Corp at PLN 2.1 per share. This puts the value of the t...

Locked content Czarnecki to sell its stake in LC Corp

Majority shareholder of the WSE-listed real estate developer LC Corp, Leszek Czarnecki plans to sell its stake in the company. Czarnecki, along with controlled by him, Getin Noble Bank, Open Finance, and Open Life TU Życie owns 51.17 percent stake in LC Corp. Czarnecki wants to sell the shares in bl...