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...

Locked content Stacja Kazimierz commissioned into use

The first stage of housing estate Stacja Kazimierz in the Warsaw district of Wola developed by Polnord and Grupa Waryński has been commissioned into use, the companies informed. As many as 179 apartments were built, with living space of between 27 sqm and 91 sqm and five commercial premises. The sec...

Locked content Polnord sold 276 units in Q1

Real estate developer Polnord sold 276 units in the first quarter of 2016, the company reported. As many as 120 hotel project agreements were signed and implemented by the group in Wilanów, Warsaw. Recently, Polnord announced the intention to put 1,550 apartments on the market this year. Polnord is ...

Locked content Polnord intends to reach revenues of PLN 0.5 billion

Real estate developer Polnord plans to reach approximately PLN 500 million in revenues by 2019, selling at least 1,500 apartments per year, the company reports. Moreover, Polnord intends to pay out dividends, starting from 2018. The company’s strategy also includes an increase in profitability...