Lokum Deweloper with loan to finalize scheme in Wrocław

A residential property development firm Lokum Deweloper has signed a loan deal with PKO BP valued at PLN 63 million in order to finance completion of two of the last stages of Lokum da Vinci scheme in Wrocław. As many as 90 apartments are being developed in the third stage of the project which will be delivered in the fourth quarter of next year. When it comes to the last stage, 183 units will be put on sale at the beginning of July this year. In total, 684 apartments will be developed. Lokum is planning to debut on the Warsaw bourse in the second half of the year, it informed two weeks ago.