Robyg buys plot in Warsaw’s Mokotów for PLN 70 million

Developer Robyg has purchased an 85,000-plot for PLN 68.5 million from local authorities. The plot is situated in Warsaw’s Mokotów district, between ul. Puławska and ul. Sikorskiego. The company will build some 1,000 apartments on the purchased land as well as some 6,000 sqm of commercial space. Robyg is a residential developer active in Warsaw (Wilanów, Żoliborz and Bemowo districts) and Gdańsk. The firm sold 1,056 apartments over the first six months of the year and wants to sell 2,000 throughout the entire 2014.