Robyg buys a property worth PLN 53 mln

Real estate developer Robyg's subsidiary has bought a property of 60,000 sqm in Gdańsk for the amount of €12.2 million (PLN 53.4 million), the company informed in a marketing filing. The acquisition will allow for the construction of 2,500 apartments. On Tuesday, Robyg announced it will allocate PLN 52.62 million for dividend payments out of the group’s consolidated net profit for 2015 and out of profits withheld from previous years. Robyg is a real estate developer operating mainly in Warsaw and Gdańsk. In 2015, the developer contracted 2,333 units. The company has been listed on the WSE since November 2010.