ROBYG buys land in Warsaw
15:58
The ROBYG Group has finalized the land purchase transaction in Warsaw’s Praga district, in the vicinity of the Praga Arte housing estate. The area of the property is 0.7 ha and enables the construction of 190 apartments.
ROBYG is already building a total of 246 premises from 31-93 sqm within Praga Arte. All ROBYG flats come – without additional costs – with a Smart House system that facilitates property management, improves security and reduces energy bills by up to 30 percent.
“The new trend – remote work as a standard and more available financial resources on the market that can be allocated to real estate investments – allow us to believe that we will not observe a fall in housing prices on the market. That’s why we haven’t suspended new projects. On the contrary, we will certainly be looking for investment opportunities. We have secured funds for further development. We are interested in purchasing land and we are constantly working in these areas,” said Eyal Keltsh, vice president of the board of ROBYG SA.
(WBJ)
