Atal may sell 2,000 units in 2016

Real estate developer Atal said it may sell 2,000 apartments in 2016 and hand over between 1,500 and 2,000 units, the company said. In 2015, it sold 1,690 apartments and handed over 628. "We said we planned to sell 1,600-1,800 units. Looking at the results for Q1 (509 sold apartments) we should exceed 2,000 units sold," said Zbigniew Juroszek, the CEO of the company. The board also recommended paying out dividends of 50 percent of net profits. In 2016, the company will introduce 17 projects with total space of 144,000 sqm.