Dom Development bought grounds worth PLN 90 mln

Real estate developer Dom Development acquired five building land plots for some PLN 90 million in Q1 2015, which allows construction of around 2,400 apartments, including 1,600 units on the Warsaw's left bank, informed Jarosław Szanajca, the company's CEO.  "We spent some PLN 90 mln on new ground in Q1 2015, we may double the sum before the end of the year," said Janusz Zalewski, financial director at Dom Development. Szanajca announced that the company is in search of new, well-located terrain. In February, Zalewski said that Dom Development may spend up to PLN 250 million on land plots  in 2015. As for March 31, 2015, as many as 3,564 units were under construction. Dom Development is one of the biggest real estate developers in Poland. It has been listed on the WSE since 2006.