Prokom's new partner

Fadesa has a 51-percent controlling stake in the firm, which will deal with projects in Warsaw and Poland's other major cities. It has already acquired a 17-hectare site in the Miasteczko Wilanów development in southern Warsaw, where it plans to build 2,000 apartments over several phases, with the first wave to get underway in autumn of this year. Further projects are likely to be tackled in regional cities such as Kraków, Poznań, Wrocław and Tri-City.