Robyg with PLN 20 mln pre-contract

Real estate developer Robyg has signed a pre-eliminary agreement to buy a 2.2 ha ground in the Warsaw district of Bemowo for PLN 19.98 million, the company said. The transaction will be finalized, if "the buyer receives, prior to July 29, the final decision issued by the Ministry of the Interior authorizing the acquisition or the decision that such consent is not required," a statement read. Robyg is a real estate developer operating mainly in Warsaw and Gdańsk. It has been listed on the WSE since November 2010.