Dom Development sales grow by 32% in Q1
15:57
Listed real estate developer Dom Development sold 615 apartments (32 percent y/y increase) in Q1 2016 and handed over 256 apartments (35 percent y/y increase) in the same period, the company said in a market filing.
The Q1 financial result will mainly be affected by apartments handed over from the Rezydencja Mokotow estate (30), Zoliborz Artystyczny (49), Aleja Piastow (36) and Saska (32).
Dom Development is one of the largest real estate developers in Poland. The company has been listed on the WSE since 2006. Its consolidated revenues stood at PLN 784 million in 2014. Last year, the company sold 1,889 apartments, the second highest result in the firm's history.
