Asbud buys land for 1,200 flats

Asbud Group has acquired land located between Warszawa Gdańska railway station and the Arkadia commercial center, on which a multistage housing scheme comprising 1,200 flats will be built, the company said. "In line with assumptions, the sale of the first stage will start in Q1 2017," the company said in a press release. Asbud Group has been present on the Polish market for 19 years, specializing in developing office schemes and housing estates.