Robyg acquires land in Warsaw for PLN 16 mln

Robyg's subsidiary has signed a conditional agreement to acquire a 10,500 sqm plot in Praga-Południe (Warsaw) for PLN 16 million, the company said in a statement. The contract restricts the use of the land by the City of Warsaw (Miasto Stołeczne Warszawa) in relation to the above real estate statutory right of pre-emption. Robyg is a real estate developer operating mainly in Warsaw and Gdańsk. It has been listed on the WSE since November 2010.