Lokum Development buys land in Kraków

Olczyk Lokum, a subsidiary of real estate developer Lokum Deweloper has acquired a 3.9 ha plot in Kraków for PLN 40 million net, the company said. The developer said that the purchase constitutes the completion of the main objectives of the issue of C series shares as indicated in the prospectus. Lokum Deweloper has been traded on the WSE main market since 2014.