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...

Locked content Polnord to launch 5 investments this year

Real estate developer Polnord announced it will launch five investments for 700 units still this year. The company also informed that it has introduced 99 flats in the A3 building at Brzozowy Zakątek in Warsaw’s Wilanów. Polnord is a Polish residential developer based in Gdynia, which was esta...

Locked content Polnord introduces 154 units in Szczecin

Real estate developer Polnord has beven the sale of 154 apartments in the fifth building of the Ku Słońcu housing estate in Szczecin, with a total space of between 31-98 sqm, the company said. Completion of the units is due in Q1 2018, the developer added. Polnord is a Polish residential developer b...

Locked content Polnord issued bonds worth PLN 20 million

Real estate developer Polnord has issued 20,000 unsecured series MB2 bonds, worth PLN 20 million in total , the company said. The papers have an interest rate based on the WIBOR rate. All of them have been assumed and paid for. The money raised will be earmarked for new investments and debt refinanc...

Locked content Polnord sold 259 units in Q2

Real estate developer Polnord sold 259 units in the second quarter of 2016 and will book the sale of 163 units in its quarterly financial report, the company informed in a market filing. As many as 90 hotel project agreements were signed and implemented by the group in Wilanów district of Warsaw. Re...