Polnord with new residential project in Warsaw’s Wilanów

Warsaw Stock Exchange-listed developer Polnord has launched sales of apartments in its Wilania residential project located in the Wilanów district of the Polish capital. The scheme will comprise a total of 113 housing units in four buildings. Polnord is currently also selling homes in two other deve...

Locked content Polnord raises PLN 40 mln in private bond issue

Polnord issued 3-year unsecured bonds for a total nominal value of PLN 40 million. The interest will be paid every six months. The interest rate will be variable and equal to the WIBOR6M rate increased by the margin for each interest period. Polnord is a developer operating in several Polish cities....

Polnord buys land for new Warsaw project

Warsaw Stock Exchange-listed developer Polnord has signed preliminary agreements for the acquisition of two plots of land located near ul. Lazurowa in the Bemowo district of the Polish capital where it is planning a new residential project comprising approximately 16,800 sqm of usable space. The sch...

Polnord’s apartment sales soar in 2017

Warsaw Stock Exchange-listed developer Polnord sold 1,389 units last year, which marks a 36-percent increase upon the year 2016. The company’s sales revenues amounted to PLN 293.6 million, which represents a 66-percent increase y/y and is the best result since 2007. Polnord last year put up for sale...

Polnord buys land for new Warsaw project

Warsaw Stock Exchange-listed developer Polnord has acquired more than 12,500 sqm of land located near ul. Admiralska and ul. Czerwonych Beretów in the Rembertów district of the Polish capital. The company plans to build a residential project with approximately 10,000 sqm of usable space on the site....

Polnord to launch Studio Morena project in Gdańsk

A subsidiary of Warsaw Stock Exchange-listed developer Polnord will later this month launch construction work on its Studio Morena residential project in Gdańsk. The company has selected builder KB Dom, part of the Polnord capital group, as the general contractor of the scheme, which is scheduled to...

Polnord apartment sales up 17% y/y

Warsaw Stock Exchange-listed developer Polnord sold 316 apartments in the second quarter of 2017, which marks a 17 percent increase upon the same period last year. The record quarterly sales of more than 300 housing units seen by Polnord since the beginning of this year are the result of a strategy ...

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 th...