Locked content Skarbiec deal finalized. Investor with threefold ROI

Private equity fund Enterprise Investors finalized the sale deal of a 43.86 percent stake in asset manager Skarbiec Holding to real estate developer Murapol. Murapol acquired the 33 percent stake back in June for PLN 75.2 million, and on Thursday it bought the remaining 10.86 percent for PLN 11.4 mi...

Murapol buying land for major Warsaw project

Murapol, one of the largest residential developers in Poland, has signed a preliminary agreement for the purchase of approximately 4.4 hectares of land in the Ursus district of Warsaw as it continues to strengthen its presence in the city. The acquisition of the plot, which is valued at almost PLN 4...

Locked content Murapol wants to increase its stake in Awbud to 66%

WSE-listed real eastate developer Murapol has called up the tender for 10,52 stake in WSE-listed builder Awbud at PLN 7.5 apiece. If the tender is successful, Murapol will increase its stake in Awbud to 66 percent. The buyers do not plan on delisting the company. “This is a long-term investment, and...

Murapol launches huge residential project in Łódź

Developer Murapol has launched apartment sales in the first phase of its Murapol Nowa Przędzalnia residential project in Łódź. On offer are a combined 202 housing units in two buildings, which are scheduled to be completed towards the end of next year. Construction work on this phase of the scheme s...

Locked content Murapol buys 33% stake in Skarbiec Holding

Real estate developer Murapol acquired a 33 percent stake in asset manager Skarbiec Holding for PLN 75.2 million (PLN 33.42 per share), Murapol said in a market filing. The developer has an option to buy further 10.86 percent shares from Enterprise Investors, thus acquiring its full stake in Skarbie...

Murapol buying more land in Siewierz Jeziorna

Developer Murapol has signed a preliminary agreement for the purchase of more than four hectares of land in Siewierz Jeziorna near Katowice from Chmielowskie, a subsidiary of Warsaw Stock Exchange-listed investment company Alta. The value of the transaction, which is expected to allow Murapol to dev...

Murapol buys land for new residential project in Łódź

Murapol, one of the largest residential developers in Poland, has acquired approximately 0.6 hectares of development land located at the intersection of ul. Sobolowa and ul. Piłsudskiego in Łódź. The company will develop a new housing project called Murapol Widzew on the plot, which will comprise 19...

Murapol investing in Berlin

Polish developer Murapol is expanding its residential developments in Germany. On Monday, the company issued a press release in which it stated that it will construct 120 apartments in the German capital. “In June of 2016, the group bought land worth PLN 7.1 million, on which will be completed a pro...

Murapol to develop over 2,000 apartments in Łódź

A subsidiary of developer Murapol has acquired 11.7 hectares of development land located on ul. Wróblewskiego in Łódź from Regex Polska and Property Development Polska for PLN 9.5 million. The company plans to develop a major residential project on the site, which will comprise approximately 2,100 a...

Apartment sales grow 10.3% in Q3

Sales of apartments by residential developers listed on the WSE grew 10.3 percent in Q3 of 2016, from 4,110 to 4,533 units. The top three developers in this category each sold over 700 apartments.