IHG and Marvipol working on Gdańsk hotel scheme

Hospitality company InterContinental Hotels Group (IHG) and developer Marvipol Development have signed a franchise agreement regarding the opening of a two-brand hotel project in Gdańsk. The scheme will house a 210-room Holiday Inn Express hotel and a 136-room Staybridge Suites hotel, and is schedul...

Locked content Marvipol Development issues bonds worth PLN 40 mln

Marvipol Development issued W series bonds for the total amount of PLN 40 million, the developer said. The emission is part of the 250 million bond issue program. The company will use the bond proceeds to finance development activities. The bonds will be redeemed on June 27, 2022, i.e four years aft...

Marvipol puts more luxury apartments up for sale in Warsaw

Developer Marvipol Development has launched sales of apartments in its Topiel N° 18 luxury residential project in Warsaw. The scheme, which was designed by the WWAA architectural studio, is located in the Powiśle area in the downtown of the city and will deliver 44 housing units. Construction work o...

More Riviera Park apartments on sale in Warsaw

Developer Marvipol Development has launched sales of apartments in the third phase of its Riviera Park residential project in Warsaw. On offer are a total of 239 units in four buildings, construction on which is scheduled to launch in May. The Riviera Park scheme is located in the Białołęka district...

Unique Tower in Warsaw with bank financing

A subsidiary of Warsaw Stock Exchange-listed developer Marvipol Development has secured up to PLN 50 million in bank financing from Bank Ochrony Środowiska that it will use to finance and refinance the costs of constructing its Unique Tower residential project in the Polish capital. The loan is to b...

Marvipol to launch another warehouse project

Marvipol Development and Panattoni Development Europe have reached an agreement regarding the development of another joint warehouse project. The scheme will be located in the Warsaw agglomeration and will be the seventh joint investment of the companies. Panattoni Development Europe is one of the l...

Marvipol acquiring sites for new Warsaw projects

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 prelimina...

Marvipol Development: 765 units sold in 2017

Developer Marvipol Development sold a combined 765 housing and commercial units in 2017, which marks a 22-percent increase y/y. This is the second best annual sales result in the over 20-year long history of the company. The developer hopes to also increase its sales by over 20 percent this year, sa...

Marvipol and Panattoni planning more joint projects

Developers Marvipol Development and Panattoni Europe are to jointly develop a new warehouse project near Warsaw, which will comprise approximately 40,000 sqm of leasable space. Construction work on the scheme is expected to finish in June next year. The planned development will be the sixth joint wa...

Marvipol Development’s prospectus approved

The process of dividing the Marvipol capital group – a developer of residential and commercial real estate projects, as well an importer and dealer of Jaguar, Land Rover and Aston Martin cars – into two separate listed companies is nearing completion. The Polish Financial Supervision Authority (KNF)...