Robyg buys land worth PLN 46 mln

Real estate developer Robyg has acquired a 99.74 percent stake in Transbud for PLN 46 million and thus has taken over a land plot of 2.5 ha on ul. Jana Kazimierza, the company informed in a marketing filing. The acquisition will allow for the construction of 800 apartments. In 2016, the company's land bank increased by a total of 6.8 ha worth PLN 83 million.