i2 Development to be traded on WSE
11:34
i2 Development, a Wrocław-based real estate developer, has decided to launch its IPO and debut on the WSE main market. The company informed that it plans to raise several dozen million złoty.
"We think that for a company of this size, the natural way of development is to be traded on the WSE. In the coming weeks we will file a prospectus to the financial watchdog (KNF)," said Marcin Misztal, deputy CEO of the company.
The developer estimates that its investment needs for the coming years stand at PLN 100 million.
i2 Development has been operating on the market since 2012. The company specializes in the housing segment.