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Unibep has contract for a housing estate in Katowice for PLN 132.2 million net

18:28

Unibep has contract for a housing estate in Katowice for PLN 132.2 million net
Unsplash.com / Nomadic Julien

Unibep has signed a conditional general contract for a PLN 132.2m net multi-family residential development at Korczaka Street in Katowice, the company said.

The ordering party is MDR Katowice 2 sp. z o.o. based in Warsaw. The contract provides for the execution of a three-stage construction project consisting in the erection of a complex of multi-family residential buildings with services and underground garages, together with the necessary technical infrastructure. Under the contract, a total of 26 residential buildings will be constructed, with a height ranging from 4 to 5 floors above ground level, containing a total of 523 residential units, 7 commercial units, and 119 underground parking spaces, the announcement reads.

The completion date is 30 months from the effective date of the agreement. The condition of the agreement coming into force is the fulfillment of administrative or corporate contractual conditions and receiving written confirmation of their fulfillment, which should take place within 3 months from the date of the agreement, it also states.

Unibep Group operates in the residential, industrial, public utility, sports, and modular building segments. It operates in Poland, Scandinavia, and Eastern Europe. Its consolidated sales revenue reached PLN 1.68bn in 2020. The company has been listed on the WSE since 2008.

(inwestycje.pl)

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