Robyg with PLN 27 mln pre-contract

Real estate developer Robyg's subsidiary has signed a preliminary deal to purchase a 3.5 ha ground in Warsaw's district of Bemowo for PLN 27 million, the company informed. The transaction will be finalized, if the buyer "receives, prior to January 31, 2017, the final decision issued by the Ministry of the Interior authorizing the acquisition or a decision that such consent is not required. The buyer will purchase the ground mentioned in the pre-contract before August 15, 2015 and carry out the partition of the ground so that a separate plot is created" 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.