Murapol to buy land in Łódź for 2,100 units

Murapol Projekt - a subsidiary of Murapol - has reached a preliminary agreement to acquire a property located on Wróblewskiego street in Łódź of a surface of 11.7 ha and net worth of PLN 9.5 million net, the company reported. The sellers are  Regex Polska and Property Development Polska. "The subsidiary plans to realize a housing development project of about 2,100 flats with a total area of 92,000 sqm and commercial premises of a surface of 3,000 sqm," the statement read. The deal is to be made not later than January 31, 2017. Murapol is a Polish holding investing in the housing estate area, it sold 2,400 flats in 2015.