Łódź makes PLN 90 mln on selling real estate

The city of Łódź recorded a revenue of PLN 90 million from selling municipal real estate this year, the local media reported. The amount does not include revenue from apartments sales. This is going to be a record year, as until now the highest results were achieved in 2013, when the city sold real estate for over PLN 53 million. One of this year's biggest transactions is the sale of a land to Skanska in order to carry out the Brama Miasta scheme for PLN 28.5 million.