Marvipol sold 73 units, handed over 23 in Q2 2021
21:53
Marvipol Development sold 73 apartments and commercial premises in Q2 2021, and handed over 23, the company said, citing preliminary data.
1) Number of apartments and commercial units sold in Q2 2021: 73 units, bringing the cumulative total since January 2021 to: 156 units.
2) Value of apartments and commercial units sold in Q2 2021: PLN 81.9 million, which gives cumulative from January 2021: PLN 147.5 million.
3) Number of apartments and commercial units delivered in Q2 2021: 23 units, making cumulative from January 2021: 88 units.
4) Value of apartments and commercial units delivered in Q2 2021: PLN 23.1 million, which gives cumulative from January 2021: PLN 71.5 million,” the release reads.
The financial result in Q2 2021 is influenced mainly by the handover of units in the projects Riviera Park (8 units), Harmony Park (7 units), and Topiel No. 18 (5 units), it said.
Marvipol Development is one of the leading Polish developers. The company conducts its activity - through special purpose vehicles - in two basic segments: housing, where it implements multifamily construction projects, and warehouse, where it invests in construction and commercialization, and then sells commercialized projects. The Company - following the spin-off of Marvipol S.A. - as of December 1, 2017, took over the real estate development activities conducted by Marvipol S.A. since 1996.
