Real estate goes live

Warsaw-based company TV Nieruchomoœci has applied to the Radio and Television Council (KRRiT) for a concession to launch a satellite channel, called TV Nieruchomoœci (Real-estate TV).

The new channel is to be launched in late Q2 2006, at a cost of zł.1 million, and over the next two years the company plans to spend another zł.1.5 million. TV Nieruchomoœci will broadcast 24 hours a day, and will focus on developers' activities, agents' offers, interior design, apartments and flats equipment.

The channel is being backed by the current program director of Antyradio, Michał Figurski, who has a 33-percent share in the TV Nieruchomoœci company. He will be the president of the management board. Michał Celmer, who controls 33 percent of the shares in the company, and Paweł Kwaœniewski, who holds three percent, will be on the management board.