Robyg purchased land in Warsaw worth PLN 29 mln
12:43
Real estate developer Robyg has signed a final agreement to acquire land of approx. 35,000 sqm in the Warsaw district of Bemowo for around PLN 29 million.
Additional land, including parcels purchased, will increase the potential of Miasteczko ROBYG Young City by 1,600 flats. The plot is located in an attractive district of Warsaw, near the currently implemented investment.
"Robyg focuses on expanding its land bank, both in Gdansk and Warsaw, in order to be able to freely carry out development operations, thanks to constant access to areas in interesting neighborhoods. Purchase of 12 investment areas in 2015 and 2016 enabled the company to realize an ambitious plan that involves selling 2,600 units throughout 2016," said Oscar Kazanelson, the Chairman of the Supervisory Board of Robyg.
