Poles build houses before they are 40, usually in the countryside

Poles usually build their own house in the countryside (57 percent of them choose the countryside for their residence), while only 19 percent build a house in a city of over 50,000 residents and 9 percent in a city of over 500,000 residents, according to a report by web portal oferteo.pl. As many as...

Archicom trumpets 2016 apartment sales

Warsaw Stock Exchange-listed developer Archicom sold 942 apartments in 2016, which marks a 54 percent increase upon the previous year. This is the best annual sales result in the whole history of the company, the developer said in a press release.

Locked content PHN with permit to build Yacht Park in Gdynia

Polish state-controlled real estate fund PHN has received a permit for the construction of a residential development Yacht Park in Gdynia, the firm stated. The investment is scheduled for completion in 2019. It will comprise six five-storey housing buildings featuring 12,000 sqm of usable space alto...

Locked content Echo Investment announces its strategy

Real estate developer Echo Investment has announced its new strategy for the next few years, which assumes a focus on development activity in Poland and achieving the dominant position in the office, retail and residential sectors. “We have been transforming from an investment and development ...

Locked content Housing construction numbers down in July

Developers and other investors completed 12,195 housing units in July 2016, 5.4 percent less than in July 2015, according to statistics published by the Central Statistical Office (GUS). Year-to-date completions amounted to 85,848 units, 11.7 percent growth y/y. Building permits were issued for18,33...

Locked content Henniger Investment to carry out scheme in Kraków

Henniger Investment is making preparations to develop an office and housing scheme in Kraków, the company reported. The peoject will be included in the retail and housing (220 apartments) complex dubbed Mieszkaj W Mieście (MWM). All of the buildings are to feature 52,000 sqm in total.  The first sta...

Locked content Unibep lands over PLN 80 mln deal

Unibep has signed a contract with Mill-Yon Gdańsk for the construction of a multi-family residential building in Warsaw, ISBnews reported citing the company. The value of the deal exceeds PLN 84.5 million. Unibep will carry out the first stage of the building, located on ul. Ostrobramskiej/Rodziewic...

Locked content Robyg to purchase plots of land in Gdańsk

Real estate deweloper Robyg has signed a preliminary contract to acquire land in Gdańsk for PLN 21 million, the media reported. Robyg estimated that it may be able to develop some 520 apartments on the new land, encompassing 1.67 ha. The company operates mainly in Warsaw and Gdańsk. It has been list...