Polnord sold 259 units in Q2

Real estate developer Polnord sold 259 units in the second quarter of 2016 and will book the sale of 163 units in its quarterly financial report, the company informed in a market filing. As many as 90 hotel project agreements were signed and implemented by the group in Wilanów district of Warsaw. Recently, Polnord announced the intention to put 1,550 apartments on the market this year. Polnord is a Polish residential developer, based in Gdynia, which was established in 1977. Currently, the developer is carrying out schemes in Warsaw, Łódź, Szczecin and the Tri-City. In 2015, the company sold 1,320 apartments.