ROBYG Group boasts record sales in Q3 2021
![ROBYG Group boasts record sales in Q3 2021](/cache/images/resize/920-613/61633d51b88af.jpg)
During the three quarters of 2021, ROBYG Group concluded over 3,338 net reservation agreements and signed approximately 3,532 development and preliminary agreements in Warsaw, Gdańsk, Poznań, and Wrocław. The company has recognized approximately 1,400 units in revenues. ROBYG plans to sign over 4,000 reservation agreements and hand over 3,000 apartments in 2021.
The company has one of the largest land banks in Poland, with a sales potential of more than 23,300 units, and is also planning further investments inland. In total, in 2021, ROBYG plans to spend over PLN 900 million on land purchases and is looking for new investment opportunities. Currently, it offers over 1,300 apartments and is constantly introducing new investments and subsequent stages of housing estates.
"It can be assumed that the entire year 2021 will be record-breaking. Interest in buying apartments is not weakening, and analyses of the housing market, carried out by, among others, JLL show that the supply does not keep up with the demand - which is the result of high interest in buying apartments combined with the slower introduction of them with due to lengthy administrative procedures," Eyal Keltsh, ROBYG vice president of the board, said.
(WBJ)